Nio Nabs Revenue Growth and High Upside
January 16 2022 - 07:30AM
TipRanks
I am bullish on Nio Inc. (NIO), as it has a strong competitive
position and a promising long-term growth runway. Moreover, Wall
Street analysts are overwhelmingly bullish on the stock, and the
average price target implies massive upside potential over the next
year. Nio Inc. is an automotive manufacturer based in China,
specializing in the electric vehicle market. It also provides
subscription services and charging solutions to the growing EV
market. NIO seeks to create an ecosystem of products that provide
personalized services to users. Its suite of EV products includes
battery swap stations, power mobile, super chargers, and power
mobile.
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NIO (NYSE:NIO)
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