Why It's Time For Nio to Go Big

For investors, Nio (NIO -3.18%) has always been a swing for the fences. This young electric vehicle (EV) maker took a slightly different route, preferring to spend extensive capital and effort to build out its battery swapping stations. While mostly known for its namesake Nio premium EV brand, the company has recently launched two sub brands, Onvo and Firefly, which are expected to significantly boost deliveries as production accelerates.All that said, it's time for Nio to go big with its new brands, becaus ...