NIO Stock Price – Is it Still a Good Buy?

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The NIO stock price has fallen significantly over the past year, but that doesn’t mean that you should give up on the stock just yet. The stock is still a good buy despite the recent selloff in the market. This is an excellent investment opportunity that offers the potential to earn huge returns over time.

NIO is a leading electric vehicle maker that targets the premium market. The company focuses on technological innovation to differentiate itself from its competitors. It launched its first model in December 2017 and began deliveries in June 2018. It currently offers a range of models from midsize to large sedans. Its goal is to sell 91,000 EVs by the end of 2021, which will represent a 2.7% share of the passenger new energy vehicle market in China.

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