NIO-SW Stock Forum

South Korea to hold emergency meeting after EV fires raise safety concerns

Going to 52wks low.

'Ask Tesla', Zafrul says over EV maker ditching M'sia factory plans

Chinese Government want go green so that lesser pollution like in the past. So giving goodies to buyer also create problem. Create a false impression NEV is in good demand. But artificial demand only. It is seen as subsidizing China NEV makers. No wonder the west always crying about unfair competition from China. Anyway is good news. But unfortunately is already surpass 50% mark. How far can it goes. Nio can sell 30k units in a month? Increase of 50% of last 3 months average 20k each month?

Price war is the main problem with NEV now. July was even worst than June period.