Nio, maker of luxury EVs boasts stellar sales in recent quarters. On January 9, the company will host Nio Day, where it rolls out new models. This year, according to a company release, Nio will launch its “first flagship sedan with the latest autonomous driving technologies and the 150 kWh battery pack, second-generation swap stations, and other core technologies.”
Its chart is forming a healthy consolidation, and may be approaching a buy point.
