Nio surges, on track for its second-best day of 2025
Chinese EV maker Nio is on pace for its second-best day of the year, up about 14% in Friday morning trading.
Nio’s been boosted recently by its fresh electric SUVs, priced to rival Tesla’s Model Y. An upgraded DeepSeek model has also sent many Chinese tech-related stocks climbing this week.
As of 11:30 a.m. ET, Nio’s trading volume had already surpassed 116 million shares — significantly above its full-day average of about 75 million over the past 30 days and good enough for one of its 10 highest-traded days of 2025 so far.
The only day Nio has risen more this year was March 11, when the stock jumped 17%.
Including today’s move, the stock is up nearly 30% in the past five days.