Can NIO Succeed Where Rivals Have Failed? So Far, So Good.

When it comes to competitive advantages in the EV industry, few have the potential of NIO.NIO (NIO -1.05%), a leading Chinese electric vehicle (EV) manufacturer, is putting a smile on investors' faces as the company is hitting two birds with one stone. The company is succeeding where rivals have failed, and at the same time it's creating a valuable competitive advantage in the world's largest electric vehicle market, China. Let's dive into NIO's recent battery swap milestone, and why it's so important for i ...