Nio $NIO2.0% goes to the fusion!
Chinese electric vehicle manufacturer Nio has invested in Neo Fusion, a company developing fusion technology.
Neo Fusion is to research and develop technologies aimed at bringing controlled fusion to commercial use worldwide within two decades.
I never follow analytics. Of these pieces I know most NIO, there now fell an interesting low. I've trusted the company in the past, I still do. Expansion, numbers, units shipped - everything is running at 110%, so hopefully they will become profitable soon.
Great news for $NIO2.0% investors!
As of April 2023, $NIO2.0% has delivered 6,658 vehicles, a year-over-year increase of 31.2%.
NIO delivered 37,699 new vehicles in the first four months of 2023, a year-over-year increase of 22.2%. NIO's cumulative vehicle deliveries reached 327,255 units. Everything is on track, but the share price is falling again.
Are you buying?
$NIO2.0% despite being a Chinese company so I have, for me it definitely has potential. The stock is going through a pretty rough patch.
Thanks for the report, I don't have shares, but it's certainly interesting and I sincerely hope the plan works out.