NIO Inc. has emerged as a trailblazer in the global smart electric vehicle market, known for its innovation and visionary approach. Founded in November 2014 with a mission to create a sustainable future, NIO’s brand motto, “Blue Sky Coming,” reflects its commitment to environmental responsibility and technological excellence.

NIO stock is rising in premarket trading after announcing the addition of 120 new battery swap stations, strong service usage, and its first Middle East showroom, despite a 36% drop in the past year.

Jon Smith flags up a couple of key factors that he believes contributed to the fall in NIO stock over the course of the past month. The post Why NIO stock fell 13% in November appeared first on The Motley Fool UK.