Hard to ignore the growth potential here

$NIO Inc(NIO.US)$ was an EV stock that received a lot of attention in 2021, but tighter scrutiny on foreign stocks stifled the stock's rise. While it's true that Nio, alongside other foreign and particularly Chinese stocks, faces the risk of delisting from the U.S. stock markets, the EV maker has a lot going for it that could hugely work in investors' favor in the near future.

To begin, Nio could seek a secondary listing in Hong Kong. In fact, Nio reportedly applied for a listing as early as March 2021, and rival EV makers in China like $XPeng(XPEV.US)$ and $Li Auto(LI.US)$ are already listed in Hong Kong.

While a secondary listing could take care of much of the concerns around Nio's potential delisting from the U.S., the company is currently focused where it matters -- getting more of its electric vehicles out on the roads. Nio should have confirmed orders for its flagship sedan ET7 on Jan. 20, and is expected to start production in early March. Later in the year, Nio is expected to start deliveries of its much-awaited mid-size sedan ET5 that it launched at its annual day event in December.

Meanwhile, reports from international publications are dropping subtle hints about Nio's expansion plans. For example, a German trade publication just reported Nio as having hired a $Volvo AB Unsponsored ADR Class B(VLVLY.US)$ executive to spearhead its entry into Germany. In another important development, Nio is reportedly clocking higher average sales price than leading luxury car makers across the three models it currently sells. In other words, Nio's cars are finding more takers in its home country.