The Nio share price opened higher on Tuesday after Li Autos said it tripled its third-quarter sales when compared to the same period a year earlier. The announcement indicates a buildup in demand for electric vehicles among Chinese consumers. Li generated revenue of $1.2billion, but this was less than the $1.5billion in sales that Nio generated for selling a lower amount of cars, indicating that Nio has upside potential on its revenues if it can push its sales figures higher. Wall Street analysts remain bullish on Nio, even as the company signed a new partnership with Shell to develop new...