Will Nio Be The Next Tesla. Now though it has a challenger NIO NIO the Chinese company that unveiled a new electric vehicle luxury sedan this very weekend that people are going gaga about. This Chinese electric vehicle startup has been seriously ramping up production.
The NIO stock has skyrocketed. 1 day agoChinese electric-car maker Xpeng Inc. Teslas 600bn valuation serves as a torch at the front says Engelbert Wimmer of eCo a consultancy.
Third like Teslas NIOs stock is expensive because electric-vehicle investors have big expectations for the company.
Now though it has a challenger NIO NIO the Chinese company that unveiled a new electric vehicle luxury sedan this very weekend that people are going gaga about. Has taken the lead in dominating Chinas electric vehicle market. The EV sector is expected to grow at a CAGR of 29 from 2021 to 2026. Nio listed in New York in 2018.
