Is Nio the Next Fisker?

Nio certainly faces challenges -- as do most EV start-ups currently.While the automotive industry is still embracing an electric future, the pace at which U.S. automakers are heading in that direction has slowed. A lack of affordable electric vehicle (EV) options, high interest rates making big purchases less affordable, and a saturated high-price EV market have all but stalled sales momentum.Those conditions will put immense pressure on unprofitable start-up EV makers and will almost certainly bring some i ...