![]() ![]() On January 1, 2022, NIO released its delivery results for December and the full year of 2021. Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video … exposing one of the most shocking events in our country’s history… and the one move every American needs to make today. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. On the date of publication, Louis Navellier had a long position in NIO. So if you’re invested, just remember a principle that continues to apply in 2021: patience can pay off big-time. In view of the impressive delivery data, one would be hard-pressed to dispute the company’s progress. There’s no doubt about it: Nio has come a long way since the first quarter of 2020. This will be known as “Nio House,” and it will feature restaurants and even a children’s playground. Not only that, but Nio is planning to build its own super-charger network in Norway.Īdditionally, the company claims that it will open a showroom in Oslo, Norway, in the summer. Apparently, Nio intends to bring its entire product and service portfolio to Europe. Pre-orders should be available this month, and the first ES8 deliveries in Norway are expected to take place in September 2021.Īfter that, Nio intends to commence sales of the ET7, a smart sedan, in 2022.īut really, the plan goes beyond the ES8 and ET7 models. This will begin with sales of the Nio ES8, which is the company’s flagship seven-seater smart electric SUV. In particular, Nio has revealed its plans to launch vehicle sales in Norway later this year. It’s an ambitious venture which will take Nio far from its native land. Reportedly, the electric vehicle maker is entering into the international market for the first time. At the same time, however, the automaker is growing geographically. So far, we’ve observed Nio’s growth in terms of vehicle deliveries. Rolling Out, Geographically and Otherwise Really, it should just be a matter of time. As of June 30, 2021, Nio’s cumulative deliveries of the ES8, ES6 and EC6 model vehicles reached 117,597.įrankly, we’re just not seeing Nio’s incredible growth story reflected in the share price yet. With that, let’s establish a running total. That represents a 111.9% year-over-year improvement. Thus, Nio is literally doubling its deliveries.Īnd here’s another double: for the three months ending in June 2021, Nio delivered 21,896 vehicles. Those June deliveries represent a whopping 116.1% year-over-year increase, as well as a monthly record for the company. The company’s 8,083 vehicle deliveries in June might not sound like much, compared to bigger automakers.īut for a small electric vehicle maker, Nio’s making significant headway. When it comes to vehicle deliveries, we have to keep things in perspective.īy this, I mean that we should judge Nio’s progress in terms of growth. As of July 20, the stock was close to $44 - and it’s entirely possible that the long-awaited breakout is just around the corner. Nevertheless, NIO stock isn’t out of commission. A global semiconductor shortage and the Chinese government’s crackdown on tech-focused companies created some problems along the way. There was a share-price recovery, but it didn’t happen immediately. Again, investors’ resolve was being tested - and folks who panicked and sold their shares are probably regretting this decision. However, this hasn’t been the case.Īfter a rough February and early March, NIO stock was down to $35. It would be nice to say that the bullish momentum continued after that. NIO stock started off 2021 at around $53, after a triumphant second half of 2020. ![]()
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