snugglo
10-21

$NIO Inc.(NIO)$ One of the most bullish signs for Nio (in addition to an amazing 2nd and 3rd Qs) is building a 3rd manufacturing plant that will more than double their production capacity based on NIO ONVO market demand.What's more, the new plant will have a capacity of 600,000 per year, bringing total capacity to 1 million units or more than 83,000 per month. So Nio is preparing to create the capacity to quadruple its record-setting delivery month (May, 2024) with this new plant.


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