$NIO Inc.(NIO)$ Nio Auto possesses the best infrastructure for electric vehicles (EVs) in China, and its battery technology and battery swapping capabilities are expected to contribute significantly to Nio's growth. Considering that currently, only less than 15% of China's approximately 300 million passenger cars are EVs, there is a clear and immense growth potential for the future. This is especially true given the Chinese government's policy to gradually reduce the production of internal combustion engine (ICE) cars each year, with a complete halt in ICE car sales starting from 2035. With this in mind, it seems prudent to consider this a long-term investment and to wait patiently. Nio to the moon.
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