About Nio and Nio Trading
The “Chinese Tesla”, NIO is an electric vehicle (EV) maker established in 2014 by Chinese entrepreneur William Li. The company was formerly known as NextEV - Nio is the name of its premium electric vehicle brand launched in 2016. It has manufacturing and software centres in China, a research and development centre in the US, plus design centres in Germany and the UK.
NIO listed its stock in the US through an initial public offering (IPO) in September 2018 on the New York Stock Exchange (NYSE) under the ticker symbol NIO. The IPO raised $1bn, giving the company an initial valuation of $6bn. NIO is one of the publicly traded companies standing at the forefront of the electric vehicle revolution, as the Chinese government heavily promotes the adoption of electric vehicles.
How can you trade Nio stock?
You can buy Nio shares live on exchanges, or you can trade them through derivatives solutions, such as CFDs. Buying shares on exchanges is a long-term investment since you stand to gain only if prices go up.
At CAPEX.com, you can follow the Nio chart to trade on the price movements of this popular stock through CFDs. If you think that Nio share prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
Trading Nio stock is available from Monday to Friday between 14:31-20:59 GMT. Should you favour another stock, you can choose from more than 2.100 instruments. See our exclusive trading offer here!