$NIO Inc.(NIO)$  Rating: Buy


Bullish News:

Nio Opens Smart Driving Tech Center in Germany, Its 1st Outside of China: Nio has opened a smart driving tech center in Germany, expanding its global development network and providing tailored technology solutions for the European market.

Nio ET5, ES7 Wait Times Get Shorter: The wait times for Nio's ET5 sedan and ES7 SUV have been shortened, indicating increased demand for their vehicles.

China Says Its EV Firms Do Not Rely on Subsidies to Gain Competitive Advantage: China's electric vehicle companies, including Nio, are not reliant on subsidies to gain a competitive advantage.

Nio Delivers 11,866 Cars in Mar, up 46% from Feb: Nio delivered 11,866 vehicles in March, showing a significant increase from the previous month


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