NIO Inc. NIO shares moved higher in Thursday’s premarket trading after fresh optimism around its expanding product lineup and analyst support. Morgan Stanley analyst Tim Hsiao lifted his price forecast for Nio stock from $5.90 to $6.50 while keeping a Buy rating, pointing to strong demand for its new Onvo brand. Third-Generation ES8 Debuts The company revealed that its third-generation ES8 SUV is already on display at more than 300 of its retail outlets across China, CnEV Post reports. Also Read: Elon Musk’s Tesla Launches $0 Down Leases On Used Model 3 And Model Y Vehicles In US Amid Sluggish...