Breakingviews - Nio helps justify a little bit of the hype - Reuters

9:58pm PST - January 11th, 2021    nio stock - Reuters

It’s out with the old and in with Nio. The Chinese electric-car maker unveiled a new model and plans for a more powerful battery pack at its annual “Nio Day” extravaganza over the weekend. Those extras should smooth the way for its latest capital hike, but so…