Liz Stone
12-12

$NIO Inc.(NIO)$ I really appreciate these continuing opportunities to buy on dips to keep accumulating and averaging down. NIO has now 59 battery swap stations blanketing a significant portion of the European market. Once it starts to deliver Firefly models and Onvo models to Europe, they will sell very well based on the established infrastructure providing the first-mover unique advantages. In China, it has the largest number of charging piles and over 2700 battery swap stations already. Its pace of building up more battery swap stations faster is further establishing a greater market barrier for others to replicate any similar efforts. NIO will win this marathon race, regardless of NASDAQ sentiment against NIO, over a long run. Blue sky coming!

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