//
@Kaixiang:
$NIO Inc.(NIO)$no doubt has pretty innovativetechnology and is fast becoming a strong player in the EV industry.
However, it is imperative to note that many traditional automobile companies have started tojump on this bandwagon, for example VW, BMW etc. Whether Nio can continue to sustain the high growth amid the intense competition is still to be determined.
Expect to see great volatility in Nio's share price with the announcement of future earnings and EVs coming into play occasionally due to high oil prices
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments