NIO Inc.Long
NIO New Growth Cycle.
NIO is ready to Set it's next super cycle
Prior to last year's crazy growth of NIO we save a MASSIVE pull back of 60% before NIO took its parabolic growth to the next level.
In January we saw NIO take its ATH 64.70 with multiple attempts to break before its massive sell off, We saw this same move in February to March. Yes we can partly say that covid was to partake with this and the hype with new EV start ups. Since then NIO has made a insane gains from $2 to $40 Today.
For Q2, Nio delivered a narrower-than-expected loss. Nio lost 3 cents a share while revenue soared 145%.
On Oct. 7, Goldman Sachs analyst Fei Fang upgraded Nio stock from buy from hold. The analyst hiked sales estimates to account for the ET7, which is expected to be a flagship new EV with more than 600 miles of battery range and advanced autonomous driving capabilities.
10/28/2021 We saw NIO reattempt September high's of $41.50
Now as Quarter 4 starts to tighten up and companies starting to put our projects and deals, Here's a hot thing NIO has coming up....
NIO plans three new EVs in 2022, including the ET7, its first electric sedan. The hot Chinese startup already makes three premium electric SUVs, including the ES8, ES6 and EC6
NIO's prior revenue to March 2020 is up 10% which brings ample growth to the company.
We are seeing the same phase for NIO as EV starts to take on more policies and adaptions across the nation the next question we should is what does NIO offer that most EV companies specially "tesla" doesn't already provide?
Nio targets China's luxury market for cars. Its rivals include Li Auto (LI) and Xpeng (XPEV). Plus, Geely and tech giant Baidu (BIDU) plan to jointly build EVs. Apple (AAPL) supplier Foxconn also eyes the EV market.
While expanding manufacturing capacity in China, Nio is growing overseas. It's selling the ES8 electric SUV in Norway. It plans to sell the upcoming ET7 electric sedan in Norway and Germany in 2022. Peers BYD and Xpeng are in Norway as well, with Li Auto also planning to enter the European market. Chinese EV makers are challenging Western automakers, including Tesla, on the continent.
Prior to last year's crazy growth of NIO we save a MASSIVE pull back of 60% before NIO took its parabolic growth to the next level.
In January we saw NIO take its ATH 64.70 with multiple attempts to break before its massive sell off, We saw this same move in February to March. Yes we can partly say that covid was to partake with this and the hype with new EV start ups. Since then NIO has made a insane gains from $2 to $40 Today.
For Q2, Nio delivered a narrower-than-expected loss. Nio lost 3 cents a share while revenue soared 145%.
On Oct. 7, Goldman Sachs analyst Fei Fang upgraded Nio stock from buy from hold. The analyst hiked sales estimates to account for the ET7, which is expected to be a flagship new EV with more than 600 miles of battery range and advanced autonomous driving capabilities.
10/28/2021 We saw NIO reattempt September high's of $41.50
Now as Quarter 4 starts to tighten up and companies starting to put our projects and deals, Here's a hot thing NIO has coming up....
NIO plans three new EVs in 2022, including the ET7, its first electric sedan. The hot Chinese startup already makes three premium electric SUVs, including the ES8, ES6 and EC6
NIO's prior revenue to March 2020 is up 10% which brings ample growth to the company.
We are seeing the same phase for NIO as EV starts to take on more policies and adaptions across the nation the next question we should is what does NIO offer that most EV companies specially "tesla" doesn't already provide?
Nio targets China's luxury market for cars. Its rivals include Li Auto (LI) and Xpeng (XPEV). Plus, Geely and tech giant Baidu (BIDU) plan to jointly build EVs. Apple (AAPL) supplier Foxconn also eyes the EV market.
While expanding manufacturing capacity in China, Nio is growing overseas. It's selling the ES8 electric SUV in Norway. It plans to sell the upcoming ET7 electric sedan in Norway and Germany in 2022. Peers BYD and Xpeng are in Norway as well, with Li Auto also planning to enter the European market. Chinese EV makers are challenging Western automakers, including Tesla, on the continent.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.