NIO Vs. Its Western Peers
NIO(NIO) Seeking Alpha·2024-09-05 21:14Andy FengArticle Thesis NIO Inc. (NYSE:NIO) reported solid quarterly earnings results, which sent NIO's shares soaring on Thursday. We will take a look at NIO's compelling growth in sales volumes and its margin trajectory. NIO's results have implications for other companies as well, such as automobile manufacturers from Europe and the US that face increasing competition from Chinese EV players. What Happened? NIO Inc. reported its quarterly earnings results for its fiscal Q2 on Thursday morning. The hea ...