Nio (NIO) recorded significant growth in shipments in December
- Shipment growth: shipments of Nio $NIO electric vehicles rose 73% in December , signaling a strong finish to 2024 and giving investors reason for optimism.
- Onvo brand: $NIO's newer brand , Onvo, is expected to be a key driver of growth in 2025.
- Market challenges: Chinese price war in the electric vehicle segment, however, could threaten the company's expected strong performance.
Outlook for 2025
After several years of stagnation, 2025 could be a breakout year if Nio takes advantage of the positive trend in shipment growth. December data suggests the potential for a rebound, but competitive pressure remains a significant challenge.
I only have $BABA stock from China so far, and that's good enough for me. Nio is also an interesting company, but I won't invest in it.
Nio is a great company in my opinion, but it bothers me that it's a Chinese company. If it were, say, an American company, I would buy this stock immediately.
It's great for the company as a whole, but the stock isn't too happy about it and is still trading around the absolute lows of last year. I don't own shares of this car company, but I'm curious to see how it will fare in the coming years.