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3 Stocks to BUY NEXT WEEK ???????????? | Should you buy NIO Stock?

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#NIOstock #Robinhood #Stockstobuy

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In this video I tell you 3 great growth stocks to buy next week

NIO are a Chinese car manufacturer established in 2014 with 3 models: ES6, ES8 and EC6. NIO are planning to release 2 new Sedans next year. Sales for its 3 models are increasing each month and the company is forecast to do 45,000 deliveries in 2021. NIO are the pioneers of battery swapping, a service whereby the cars battery can be swapped out and changed for a fully charged one in 3 minutes. NIO have done over 1 million battery swaps and have over 200 battery swap stations. They are introducing their second generation battery swap stations next year with the aim to deploy over 300. On average a person in China is at most 3km away from the next battery swap station. NIO also offer battery as a service, allowing customers to purchase a car at a lower price without the battery and lease the battery on a fixed monthly fee. The uptake of this is strong with 35% of new customers opting in for BAAS. NIO only operate in China but are making grounds on expanding sales into Europe in 2021.

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