Rising EV giant Nio announced its 5th Annual Day event which will take place on December, 18th. It is said to be held at the Olympic sports Centre in Suzhou west of Shangai. News reported, following which shares of Nio gained 1.06% on Tuesday and closed the trading session at 40.03% per stock. Thus reclaiming the 40% price level for the first time since the first week of September, according to Stocks Reporter.Founded by William Li in November 2014, Nio is a publicly traded Chinese Automaker who extended its gains on Tuesday. As a result, the Chinese EV maker stock is now up nearly 12% over the past five days. Revenues of $1.2 billion and $1.3 billion have been generated during Q1 and Q2 respectively and it is expected that revenue has hit a new record-high in Q3 as NIO manage to deliver a staggering 10,628 vehicles during September.Earlier this year, mention was made about plans to expand outside of China as it inches closer to doubling its production capacity. It is expected to begin in Norway and potentially expand to other parts of Europe. The company has already committed to release its flagship ET7 Sedan in Germany as early as 2022. So, It will come to no surprise if announcements are made about further expansions in Europe at the event.Find out how you can Invest with MEXEM.