MatthewWalter
03-26

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ has already been beaten to the low-end market by better-managed, more nimble competitors that didn't squander tens of billions on profitless prestige projects. Sales of NIO's eight models are langiuishing, bringing NIO down to below 2% of the Chinese market. NIO's cheap new car will be money-losing, badly selling and three years late.

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