Chinese electric auto-maker Nio Inc. (NIO) , posted stronger-than-expected first quarter earnings on Tuesday, May 28.
The Tesla rival was founded in 2014 by William Li and filed for a $1.8 billion IPO in 2016 on the NYSE. That same year it opened it's first three minute charging station in China, and was issued an "autonomous vehicle testing permit" in California.
The companies lineup currently includes:
ES6: long-range, smart electric SUV
ES8: Their flagship high-performance Electric 5-door SUV
EP9: An electric-powered, two-seat sports car. One of the fastest autonomous cars in the world.
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