$NIO Inc.(NIO)$ 👑Strong Buy on NIO from Now✨️ NIO's sales in 2023 expected to exceed Lexus' in China, says William Li. Lexus' annual sales of internal combustion engine vehicles in China are in the range of 200,000 units. https://cnevpost.com/2022/12/25/nio-sales-2023-expected-to-exceed-lexus-china-william-li/ William Li has managed and successful in business developments. He has the NeoPark key that can produce EV 1 Million units. NIO could benefit from NeoPark for additional EV production up to 500K units.
$NIO Inc.(NIO)$ In December 2022, the Company has been facing challenges in deliveries and productions, together with certain supply chain constraints, caused by the outbreak of the Omicron coronavirus variant in major cities in China. While our teams have strived to maintain continuous operations on all fronts, we were not able to reach our full capacities, particularly when there have been disruptions on delivery and registration procedures involving users. Nio stock is down over 70% year-to-date (YTD), like many EV makers (and essentially all high-growth companies), but the company is still expanding its market. The company adds it now expects deliveries to be between 38,500 to 39,500 in the fourth quarter, down f