Is NIO Stock's Cool Battery Swap Tech, Enough to Survive the EV Bloodbath?

The price war underway in the electric vehicle market is good for no one but especially not for Nio (NYSE:NIO) stock. Operating losses continue to expand as it continues to sell more vehicles at lower prices. Although lower starting prices should attract more buyers, it’s already the case Nio is losing money on every car it sells. Reducing the amount of money coming in even more will only exacerbate the situation. It’s not alone, though, as many EV companies are already standing on their last legs.Fisker (O ...