Hi guys, I open my initial position on $NIO back in 2020 at a share price of $2.14. The stock's price is current 16.70, which is an almost 75% drop from the $61 all-time-high back in 2021… Personally, I believe in the company's battery swap technology (Saw an analyst video about it in Berry Invest app) – battery swap facilities that swap your EV battery for a new one in a few minutes. This technology decreases the battery's physical deterioration, which is a big problem in the EV battery market. They expanded to the North of Europe along with their current presence in China and I think North Europe's EV market has a big potential because of their green regulations (only EV cars by 2025). Let me know if you think the current price is a good buying entry and if you think that Nio's potential is still ahead of them or if it is a bubble.
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