NIO: Expanding The Brand
NIO(NIO) seekingalpha.com·2024-05-22 00:00
Andy Feng The Chinese electric vehicle ("EV") space remains highly competitive, but NIO Inc. (NYSE:NIO) continues pushing forward with innovative technologies. It has just launched a lower-priced brand to enter the higher volume space, but the stock has fallen to only $5 with the market losing interest in the EV sector. My investment thesis remains ultra-bullish on the large opportunity ahead for the Chinese EV company, with a high-volume brand utilizing advanced technology from the NIO brand. Source: Finvi ...