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It may be the weekend, but I missed another interesting $NIO+0.3% collaboration on Friday.

Nio has partnered with Autoliv and they will be working together on safety technologies for future electric vehicles.

NIO

NIO

NIO
$5.77 $0.02 +0.35%
Capital Structure
Market Cap
8.8B
Enterpr. Val.
77.0B
Valuation
P/E
-3.1
P/S
1.3
Dividends
Yield
-
Payout
-

Autoliv wrote in a press release that "the strategic collaboration between NIO and Autoliv represents a significant milestone in our shared goal to redefine the way people experience transportation."

As part of the agreement, NIO and Autoliv will work together to develop safety products for electric vehicles and sustainable technologies. Among the innovative solutions they are pursuing will be a passenger airbag based on the use of an eco-friendly inflator to pad the ceiling. In addition, they are jointly creating a new airbag concept that provides comprehensive safety for different seating positions, allowing for increased protection while providing greater flexibility in vehicle interior design.


Thanks for the info :)

Thanks for the interesting report. Normally I would buy this stock because it is at a nice price, however it is still a Chinese company and I am afraid of it.

Interesting news, $NIO+0.3% strikes me as a fine company, just a shame it's still the Chinese market...

This is all interesting news regarding $NIO+0.3%, unfortunately I bought the stock at the highs. At least I learned from my mistakes.

It got interesting. It's tempting but for me, although I've read that China might already be growing in the future, I'm "afraid" of it. 🙈

We'll see if other stocks follow the results. I might look for some call options if there are any on this stock

Wow, that Nio is on fire 🤔😀