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Is NIO the Best Chinese EV Stock to Buy Now?

Barchart2023-07-30

Shares of Nio Inc (NIO) have whipsawed over the last couple of years. The Shanghai-based seller of electric vehicles (EVs) survived a bankruptcy scare in 2020, and NIO went on to rise over 1,100% that...

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  • Guavaxf30
    ·2023-07-31
    If the question is about Chinese based EV's, perhaps. But honestly all the news about China is really bad. People are not finding jobs. Businesses are not being able to raise funds. And the property sector, which is a huge contributor of new wealth has disappeared.  I will stay out of China for now. And especially big ticket consumer items like car companies. Like NIO or Xpeng or Li Auto.
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