Nio's battery-swapping strategy sounds good, but it could weigh on the stock.
Motley Fool contributor Zane Fracek breaks down his three concerns with Nio (NIO -0.48%) embracing battery-swapping technology. He compares it to Tesla's supercharging strategy, too. Having the best charging strategy could have huge implications for electric vehicle (EV) stocks like Nio and Tesla.
*Stock prices used were the midday prices of Dec. 3, 2022. The video was published on Dec. 5, 2022.
Zane Fracek has positions in Nio. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.
Zane Fracek is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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