NIO: Path To Shareholder Happiness
NIO has a potential inflection point with record vehicle deliveries, launching a new sub-brand, and introducing new technology. The Chinese EV company aims to turn profitable by increasing monthly deliveries and improving gross margins with the launch of the ONVO brand. The stock has seen the market valuation dip to only $8 billion, a fraction of 2025 sales targets. The EV space has faced a tough year or so, causing investors to forget the difficulties of building a new brand. NIO, Inc. ( NYSE: NIO ) is a prime example of a Chinese EV company beaten down, yet the company is coming off their most successful delivery period. My investment thesis remains Bullish on the stock, with the lower valuation and signs of a bottoming process coming to an end soon. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details.