Nio (NYSE:NIO) stock may be falling today, but the company has just received some good news. JPMorgan has removed its bear rating on the Chinese electric vehicle (EV) producer. The financial institution moved its rating for NIO stock from “underweight” to “neutral,” demonstrating that it believes the company is improving. Analyst Nick Lai has stated that he sees Nio benefitting from its foray into the EV battery space, as well as policies from China’s government aimed at spurring EV demand. As Wall Street s ...