Nio is a small fish in the very large pond that is China's domestic auto market. The company is unprofitable, and despite solid revenue growth and deliveries, is likely to struggle in a market facing ...
Once hailed as the “Tesla of China,” Chinese electric vehicle (EV) startup Nio (NIO) has been out of favor with markets. NIO peaked in early 2021 when its market cap surpassed $100 billion but closed ...