The Year of NIO: Why 2024 Could Be a Gamechanger for the EV Giant

China-based Nio (NYSE:NIO) emerges as a standout value in 2024, despite ongoing losses—a common trend among EV manufacturers. Analysts project profitability by 2026. This will have important implications for NIO stock.As the leading Chinese EV manufacturer, experienced a significant stock boost following a substantial $2.2 billion investment from CYVN Holdings. Market confidence soared, with NIO delivering 18,012 vehicles in December 2023, reflecting a robust 13.9% year-over-year growth, showcasing strength ...