$NIO Inc (NIO.US)$ New 52 week low every day. NiO has no new...
$NIO Inc (NIO.US)$ New 52 week low every day. NiO has no new remaining catalyst to improve sales. All new models launched, new sales workers hired, no production related issues, free phone, lower battery rental cost. NiO literally did all it could have done, and still, sales is far away from 2023 peak. So, the premium car business is flopped. Now, all the hope hinges on ONVO, I hope it will be able to create buzz like Xiaomi, or else the company will be dead.
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Tonyco : Xiaomi was awesome. The battery swap concerned me for a while. If it can't succeed in China it can't succeed anywhere. Not meant as insult, they are the prime market for EV atm. I wish them success.