NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China). NIO stock made its debut on the New York Stock Exchange on September 12th,

Nio has shipped more than 20,000 EVs in each of the last seven months. Chinese consumers may be getting a shot in the arm next year. That could help boost sales of Nio's luxury electric ET9 sedan. Nio shares have soared about 20% so far in December.

Nio shares gained 12.4% Monday. Shares of U.S.-listed Chinese traded higher following reports suggesting Chinese officials would embrace a "moderately loose" monetary policy.

Chinese luxury electric vehicle maker Nio stock reported deliveries of 15,493 vehicles for November, marking an increase of about 29% compared to last year, although the number was down by about 2% compared to October.