If u think EV is an industry that will overtake the automotive industry, NIO would be in a very goodposition to take on. Financial support from the Chinese govt means a lot. Regulatory wise can be expected to be very supportive as well
Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks<blockquote>蔚来股票会追随特斯拉的脚步吗?这两只电动汽车股票之间需要考虑什么</blockquote>
I wonder how much more can China carry on like this. US has talks to start tapering. I rememberedsome analysts commented on the last tapering back in 2017, it does not matter who started first, but who taper first tends to be in a much better position. Back then, it was US who taper first.
Gotta bite through this painful period. Though I believe it is for the long term benefit, with more regulations to even out the playing ground, may promote future businesses to enter into China.
Seems like Chinese market is flushing with liquidity, while US is thinking of tapering. If the liquidity were to flow into Chinese tech industry, we might see a more robust 2nd half 2021 =)