Shares of Nio soar more than 20% as EV deliveries more than double in April

Nio's ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China.Shares of Chinese electric vehicle maker Nio Inc jumped 20% Thursday after its vehicle deliveries more than doubled in April.Hong Kong-listed shares of the company jumped as much as 23% to 44.20 Hong Kong dollars, touching their highest level in over six weeks. Nio shares also helped boost the broader Hang Seng index, which jumped 2% by midday trading.Nio said it delivered 15,620 vehicles in April, a 13 ...