Key Takeaway:
• NIO is prepared to enter the European markets later this year, and the U.S. market entry is under research.
• NIO is confident about Q2 with its strategy to maintain stable and solid pricing.
• NIO will mainly focus on the sales and service network and experience improvement to improve its sales performance.
$NIO Inc (NIO.US)$, China’s bellwether electric-vehicle start-up, reported financial results for Q4 FY 2020 that missed analysts' expectations on the bottom line but edged past top line forecasts. Its fourth-quarter revenues climbed 133.16% year-over-year and incre...