Nio, already a leader in the Chinese electric vehicle market, is developing key technologies that will give it access to several other disruptive markets including energy storage, autonomous vehicles, and even lifestyle products. Nio has a very sizeable addressable market given China is arguably going to lead the world in electric vehicle adoption and renewable energy transition. Nio seems well positioned to capitalize on growth opportunities given its recent cash infusions, bold plans, and strong demand. Nevertheless, the future is becoming less clear because semiconductor and battery cell supply constraints may end up having a significant impact on growth.
China's growing middle class, singular leadership focus, and more words here for later.