Nio: Buy, Sell, or Hold?

Nio (NIO 3.18%) is a fast-growing Chinese electric vehicle (EV) manufacturer looking to capitalize on a rapidly expanding market opportunity with its focus on high-performance electric SUVs and sedans.According to a report published by Frost & Sullivan, China's electric vehicle (EV) market is expected to grow by 16% compounded annually through 2030. However, before you scoop up shares in the EV maker, there are some things you should consider first.Nio is growing rapidlyFounded in 2014 and headquartered in ...