NIO stock jumps nearly 6% as Firefly delivery milestone puts China EV demand back in focus
New York, Jan 12, 2026, 11:16 AM EST — Regular session Shares of NIO Inc climbed roughly 5.8%, reaching $4.91 by late morning Monday, after briefly hitting $4.93 earlier. Around 23.6 million shares changed hands. The rally unfolds amid renewed jitters in U.S. equities over Fed and credit market news. Jordan Rizzuto, chief investment officer at GammaRoad Capital Partners, warned, “Any further meaningful moves towards less independence is not going to be viewed favorably by markets.” (reuters.com) China’s battery supply chain is back under the spotlight. Beijing’s move to phase out value-added tax export rebates on certain battery products pushed