Nio Received +7000 Orders?! IT's about to Go Down

On today's video we will be talking of the Nio latest Stock updates looking at the latest news of Nio receiving 7000 orders in the last week, which is good news as it continues showing Nio's strong order numbers which will result in good monthly deliveries.

Now Nio is one of the stock which is set for greatness as it has so many strong fundamentals that are ready to drive its stock price higher. Not only is it having this good strong fundamentals but even its industry which is the EV(Electric Vehicle) is set to to very well both in China and Europe in the years to come. According to the Mizuho analyst international sales will constitute 30% of Nio overall EV sales, which is very good as it means that not only will it do well in China but it will also do well outside of China.

NIO’s order growth is driven by sub-brand expansions (ONVO, Firefly) and refreshed models (e.g., ES6, ET9). The company faces challenges in meeting aggressive targets but is banking on new product cycles and battery-swap infrastructure

Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions. Otherwise for more stock market videos visit our youtube channel @Phumudzo Siphoro

I hope you enjoy the video and I wish you nothing but the best in your
stock market investing journey.

God Bless you All


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