Prediction: This Will Be Nio's Next Big Move

Building out EV infrastructure will support its new mass market brand.It might be hard for investors to get excited about a company that has lost nearly $1.5 billion from its operations in the first half of this year. In fact, Chinese electric vehicle (EV) maker Nio (NIO -2.22%) has never made a profit.That helps explain why the stock has lost more than 80% of its value over the past three years. But there was also some meaningful and positive news in Nio's second-quarter report. That business momentum has ...