Nio, Inc (NYSE:NIO) was spiking up over 6% Friday morning after declining over 5% on Thursday amid a pullback in the general markets that saw the S&P 500 decline 1.57%, with 1.08% of the decrease taking within the last 45 minutes of the trading session.
The Shanghai, China-based electric vehicle manufacturer reported an improvement in March deliveries on Friday. Nio delivered a total of 9,985 vehicles during the month, representing a 61.4% increase over its February deliveries and a 37.6% improvement from March 2021.
