The Silver Lining for Nio Investors

When observing the global electric vehicle (EV) industry currently, depending on your angle, some investors would conclude there's a China problem. Chinese EV makers have been heavily subsidized by the government, which has given domestic automakers a significant advantage on developing EV technology and infrastructure, and at lower costs. It has forced the U.S. and Europe to impose significant tariffs on Chinese EV imports to help protect their own industries.That said, glancing at Nio's (NYSE: NIO) third-quarter results, it looks like even Chinese automakers have a China problem; the competition and price war have clobbered some results. Let's look at Nio's mixed numbers and a big silver lining they contain.Nio, one of the major Chinese EV makers, has posted strong sales since April, but the momentum slowed slightly in October. That's a red flag considering the Chinese passenger vehicle market posted 11.2% growth compared to the prior year. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool