Today we'll take a look at the latest news and updates on Nio $NIO, as the last month has been more than just a good one for Nio investors (+52%).
- NIO Europe now has 21 $NIO battery exchange stations.
- As of July 29, Nio has 1,609 battery swap stations in China.
- Much better deliveries are expected over the last month.
- Nio has revealed plans to expand outside of China. The company tweeted that it plans to develop its presence in the Netherlands by opening a Nio Hub.
- Another catalyst for the stock's rise is Tim Hsiao, an analyst at Morgan Stanley, who takes a more bullish approach to Nio stock. Hsiao raised his price target on Nio stock to $18.70 from $12.
- Expansion into the UK is expected.
That would be all I have so observed in the last few days and weeks. If I missed anything, feel free to fill me in in the comments.