Nio Stock Updates: Nio's massive rumor in Europe

On today's video we will be talking of the Nio latest Stock updates looking at the latest rumor of Nio having a lot of of Inventory cars in Europe, which is amazing. So watch this video until the end to understand what might be happening in Norway for us to see sales exploding like this. Otherwise I hope you enjoy this one.

Norway is the country in Europe where Nio penetrated first in Europe and in all 5 countries where Nio selling their cars in Europe, Norway is the country selling the most cars, which is good, especially that they are not even participating in the tariff increase by the European commission.

Now Nio is one of the stock which is set for greatness as it has so many strong fundamentals that are ready to drive its stock price higher. Not only is it having this good strong fundamentals but even its industry which is the EV(Electric Vehicle) is set to to very well both in China and Europe in the years to come. According to the Mizuho analyst international sales will constitute 30% of Nio overall EV sales, which is very good as it means that not only will it do well in China but it will also do well outside of China. This week nio shipped its cars to Norway and it is expected to start selling them this coming September.

Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions. Otherwise for more stock market videos visit our youtube channel @Phumudzo Siphoro

I hope you enjoy the video and I wish you nothing but the best in your
stock market investing journey.

God Bless you All


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