To The Moon

$NIO Inc.(NIO)$  faces huge competition in the ev market. due to the lack of battery swap infrastructure, chinese adoption of hybrid ev is higher than fully electric. nio is burning lots of cash to build the battery swap infrastructure and even roping in partners. in this high interest environment, nio has little choice but to dilute shareholders to raise cash. it was bankrupt once, will it crash and burn again? 

it's pnf shows that nio is back to its all time low. $MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM(EVS.SI)$ tracks the overall chinese ev market. its pnf shows a rebound from its all time low and is trending up. 

Chinese EV makers have already made significant strides in increasing adoption rates, particularly within China itself. However, there's still room for growth in other markets. Here are some ways they can achieve this:

 * Maintain Cost Competitiveness: Affordability has been a key advantage for Chinese EVs. They should continue to focus on efficient production and battery technology to keep costs down.

 * Enhance Brand Image and Perception: Chinese EV brands need to establish themselves as reliable and trustworthy options for global consumers. This can be achieved through strategic marketing and building brand recognition.

 * Cater to Diverse Consumer Needs: EV makers should offer a wider range of vehicles in various styles, price points, and features to cater to the diverse needs of consumers in different regions.

 * Expand Charging Infrastructure: A lack of charging stations is a major barrier to EV adoption. By collaborating with governments and other stakeholders, Chinese EV makers can help accelerate the development of charging infrastructure.

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerStars  @TigerWire  @koolgal  @Asphen