
NIO Inc (NYSE:NIO) shares continue to move higher Tuesday after surging over the last week — what's going on?
Nio has been trending higher since the company's virtual product launch event last week in which the EV maker unveiled its new ES7 SUV. The Nio ES7 offers superior driving performance, increased visual appeal and an overall luxury experience. The EV will come with Nio's Digital System product, which includes a smart hardware and computing platform. The ES7 will also feature the latest autonomous driving package from Nio.