NIO And Its Moment Of Truth
NIO(NIO) Seeking Alpha·2024-01-16 18:11
Andy Feng Instead of an investment thesis Established in 2014, NIO Inc. (NYSE:NIO) is a Chinese company specializing in designing, manufacturing, and selling smart electric vehicles in the premium segment. They also provide power solutions, maintenance services, and financial leasing. After NIO got listed on the US stock exchange in September 2018, the stock price fell like most post-IPO stocks often do. NIO lost almost 80% compared to the offering price (at the lowest point). However, the firm's plans for ...