Heads Up, Tesla: NIO Is About to Roll Out a Brand-New Sedan -- and Bigger Batteries, Too
By any measure, Chinese electric-vehicle maker NIO (NYSE: NIO) had a good year in 2020. After beginning the year short of cash amid the COVID-19 pandemic, NIO recovered to finish strong with a successful new-model launch and a record sales total.
How will it follow that? We'll get an idea on Jan. 9, this coming Saturday, when the company holds its annual NIO Day -- a party for its investors, customers, and fans that includes previews of upcoming products and technologies.
While NIO typically keeps a surprise or two up its sleeve, it has told us that the highlight of this year's NIO Day will be the debut of its first sedan model, shown (sort of) in the "teaser" photo below.
Source Fool.com
