Nio

NIO

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.

Nio has been a target of short sellers for a while. The current short interest of 5.58% is roughly at the average of the last 12 months (6.22%).