Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Bearish or Bullish: Which direction will EV stocks go?
Views 658K Contents 266

Nio is set to debut with its secondary listing on the Singapore Stock Exchange on May 20.

Electric vehicle maker $NIO Inc(NIO.US)$ will commence trading on the Singapore Exchange on Friday, May 20.
The China-based company, which is already listed in New York and since March, in Hong Kong, had on May 5 received its go-ahead for a secondary listing in Singapore from the SGX.

The company, founded in 2014, was joining two other China-based electric car makers $XPeng(XPEV.US)$ and $Li Auto(LI.US)$ .

[Risks]
The Ukraine war squeezed the supply chain and sent input prices spiraling upward.
The Covid resurgence in China hit domestic EV makers, including Nio.

[Opportunity]
With planned production to be as high as 600,000 cars and rapid expansion across Europe in 2022.

For more investment knowledge and trends, go to Learn on moomoo.
Nio is set to debut with its secondary listing on the Singapore Stock Exchange on May 20.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
7
+0
3
Translate
Report
145K Views
Comment
Sign in to post a comment
1795Followers
16Following
3095Visitors
Follow