Nio Inc. shares rise 2.66% premarket after reporting an increase in August vehicle deliveries.

Nio Inc. rose 2.66% in premarket trading, with the company reporting an increase in August vehicle deliveries. Nio Inc. is a China-based holding company principally engaged in the research, development, and manufacturing of premium smart electric vehicles. The company's products mainly include ES8, ES6, EC6, and ET7. The company develops battery swapping technologies and autonomous driving technologies. Its electric vehicles apply NAD (NIO Autonomous Driving) technology, including super computing platform NIO Adam and super sensing system NIO Aquila. The company is also engaged in the provision of charging piles, vehicle internet connection services, and extended lifetime warranties.