Stocks of Nio and other China-based EV makers extended their recent sharp gains Tuesday, after they reported record deliveries data.

Chinese EV startups are giving Tesla a tough fight, and on Tuesday, they reported strong September and Q3 deliveries.

Nio may provide more information on the Onvo brand when it reports its September vehicle delivery results tomorrow morning. Nio has delivered more than 20,000 EVs for four straight months, and investors likely expect that streak to be extended.

SHARES of Nio shot up by as much as 21.9 per cent on Monday (Sep 30), following news that strategic investors will invest around 3.3 billion yuan (S$602.6 million) into its China unit Nio Holding Co,

NIO's growth is driven by increasing vehicle deliveries, battery-as-a-service plans, and international expansion. Read why NIO stock is a Buy.

Chinese electric vehicle maker NIO is getting new investment and its shares surged Monday. EV shares have had a bumpy year as demand cooled for the vehicles and China’s economy struggled to recover from a prolonged property slump.

Nio (NYSE: NIO), a major manufacturer of electric vehicles (EVs) in China, went public just over six years ago at $6.26 per American depositary receipt (ADR). It initially impressed investors with its soaring deliveries,

Nio (NYSE:NIO) investors have faced plenty of challenges in recent years, but recently, the tide has shifted. In the past month alone, the stock