Among the sectors most long-term growth investors look to for substantial long-term growth is the EV sector. Of course, this sector is one that's global in nature. While Tesla (TSLA) and other U.S.-based EV companies such as Lucid (LCID) have captured the attention of most investors domestically, there are other companies to look at right now. In China, one of the leading EV players is Nio (NIO). Incorporated in 2014, the company witnessed steady demand growth for its luxury SUVs this past year. Moreover, the company's latest results highlight the growth potential of this company.
https://www.tipranks.com/news/article/is-nio-a-stock-for-long-term-investors?utm_source=advfn.com&utm_medium=referral
NIO (NYSE:NIO)
Historical Stock Chart
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NIO (NYSE:NIO)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more NIO Charts.