In batteries only two companies in China makes them. CATL and BYD. Nio does not make nothing of this.. Probably Neo could go bankrupt one day when money runs out... I would compare NIO with Rivian or Lucid which are in the same situation or legacy automakers that carries huge burden debts and decreasing sales. Also some scam companies like Nikola motors should go bankrupt soon, reducing the count of EV makers to a healthy reduced number. BYD, Geely and Tesla are first league , and production numbers are leading. $BYD Co., Ltd.(BYDDY)$ $BYD COMPANY(01211)$ $BYD ELECTRONIC(00285)$ $NIO Inc.(NIO)$ $Tesla Motors(TSLA)$ $Contemporary Amperex Technology Co.,Ltd.(300750)$
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- Gohmt·2024-02-21Nio sales will grow dramatically once battery swappable sub brands launch. Battery swap is the future as consumers experience decline in battery life has huge replacement cost. Amen om mani Padme hung.LikeReport
