Is Nio About to Shift Into a Higher Gear?

Nio has shed almost half its value in 2024, but it's gaining momentum to shift into a higher gear in 2025. Investing in Chinese electric vehicle (EV) makers such as Nio (NIO -4.79%) is an intriguing option. Heavy government subsidies have led to rapid advancement in battery technology and bringing down costs, which makes for an incredibly competitive EV market in China. In fact, China's market is so far ahead of the U.S. that over half its new vehicle sales were EVs in July. The good news for Nio investors ...