NIO Stock Alert: Nio Receives Green Light to Test Autonomous Driving in China

A future with driverless cars is quickly approaching — and it may be coming to China first. Indeed, the country has named multiple Chinese automakers on a list of firms with the clearance to “pilot vehicles with L3/L4 autonomous driving capabilities for road access.” This list includes electric vehicle (EV) producer Nio (NYSE:NIO), which has seen shares mostly trend downward for the past six months.This potential catalyst hasn’t done much for NIO stock so far today. That said, the news could help boost shar ...