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Why Ford’s Stock Is Moving Today

Ford Motor Company (NYSE: F) shares are trading higher after the company reported first-half China sales exceeded 306,700 vehicles, representing 24% growth year-over-year. The company also reported sales of Lincoln luxury vehicles surpassed 42,200 vehicles, up 111.4%.

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Why Nio’s Stock Is Trading Higher Today

NIO Inc. (NYSE: NIO) shares are trading higher following a report suggesting the company now expects to have 700 battery swap stations by the end of the year, which is 200 more than the previous estimate and 4,000 battery swapping stations operating globally by 2025 with 1,000 of them in overseas markets.

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