NIO YAHOO FINANCE FREE

There are risks with investing in NIO, but overall it could be an incredible long-term play. SHANGHI, 1 ago (Reuters) - El fabricante chino de coches elctricos Nio tiene previsto abrir su primera planta en el extranjero en septiembre con el fin de fabricar productos elctricos para el mercado europeo, a medida que acelera su expansin en el extranjero. Additionally, with a couple of new models being released in the coming months and its move into Europe, expect a strong bump in its top line. La china Nio fabricar productos energticos para Europa en su primera planta en el extranjero. However, its June delivery report shows it is back where it belongs. It faces multiple headwinds that have weighed down its business performance. NIO's stock has taken quite a hammering over the past several months. However, it has established its footprint in the world's EV market and has plenty of growth prospects ahead of it.

NIO YAHOO FINANCE FREE

The stock is not free from volatility, and being a foreign company itself is a remarkably risky proposition. That alone adds immense value to its long-term case. Nonetheless, China's EV market has been growing by double-digit margins each month and NIO remains a major player. Additionally, the coronavirus pandemic still remains a threat to EV manufacturers, so the macroeconomic headwinds are likely to weigh in on its upcoming reports. Perhaps the biggest risk for NIO is its short-term delivery pattern, making it hard to predict its delivery potential with accuracy. Moreover, despite the short-term setbacks, the EV giant's long-term growth prospects remain highly attractive. The company currently trades at roughly 5.50 times trailing 12-month sales while its five-year average is at over 11.50 times. However, late investors are more concerned over delivery prospects, which is understandable considering how the market slowed down during the first quarter. During the pandemic, its shares soared to as high as $65. NIO's valuation is more attractive than ever. Targeting such a mass market will pay plenty of dividends down the road. Its expansion into Europe could be huge, considering its position in the Chinese EV market. It has also forayed into the European market and is close to launching an affordable mass-market brand by 2024.

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