Nio Inc (NIO)

[tob999]

What to expect with NIO in the near future:

1. China’s Q2 economy growth of 3.2% sounds very promising and will attract some new investors. China’s economy is the first largest economy to bounce back from pandemic drop.

2. Research shows NIO EC6 can bring a large number of new customers and could outsell Tesla’s Model Y. NIO has been the top luxury electric SUV seller for the past 8 consecutive months.

3. July Production & Deliveries could be the highest we have ever seen.

4. My Forecast shows that ER should beat market’s expectation and bring positive gross margin that market expects.

5. NIO could increase its production capacity to 5000 range in order accommodate EC6 model launch in September.

6. China’s auto sector expected to see a growth in Q3 & Q4. NIO is planning to launch its first electric sedan on NIO DAY late this year. This is going to bring all new customers who prefer a sedan body over an SUV body. If NIO can keep on delivering what it has been promising till the end of this year then NIO’s sedan launch could be the ultimate game changer.