February NEV Sales: Only 1 Company Can Have the Last Laugh
@Value_investing:
Yesterday, most new energy vehicle companies released their February sales.First of all, for the record, as February 1-February 6, 2022 is the Spring Festival holiday, while January 21-January 27, 2023 is the Spring Festival. Therefore, the high year-over-year sales growth in February has a holiday impact and it is best to aggregate the January-February revenue.1. $NIO Inc.(NIO)$ Nio sold 12,157 units in February, with total sales growth of 30.9% YoY in Jan-Feb. According to Nio's Q4 earnings guidance, 1Q23 sales are between 31,000-33,000 units, with a YoY growth rate of 20.3%-28.1%.Nio achieved monthly sales of over 10,000 units in September 2021. However,after 2 years, Nio's monthly sales have never been able to break through, even