www.nasdaq.com/articles/...v-play-looks-compelling-2021-04-26
Chinese electric vehicle manufacturer Nio (NIO) plans to release its unaudited first-quarter 2021 financial results on April 29, after the markets close......
When we step back and analyze the full first quarter, the picture becomes even brighter. Nio delivered 20,060 vehicles during those three months, marking a new quarterly record for the company and signifying a 423% year-over-year improvement.
As of March 31, 2021, Nio delivered 95,701 ES8, ES6 and EC6 model vehicles in total. That’s pretty impressive for a niche-market startup
What’s great about Nio is that the company’s vehicles are already on the roads.
For the time being, though, NIO investors will need to be patient as the company continues to grow......