Nio (NIO +0.41%) has set up battery swapping stations instead of charging stations like most EV companies. This might end up working in its favor.
*Stock prices used were the afternoon prices of Jan. 3, 2023. The video was published on Jan. 5, 2023.
Down 69% in 2022, Is Nio Stock a Buy for 2023?
By Parkev Tatevosian, CFA – Jan 6, 2023 at 7:00AM EST
NYSE: NIO
Nio
Market Cap
$10B
Today's Change
(0.41%) $0.02
Current Price
$4.91
Price as of December 24, 2025 at 1:00 PM ET
This Chinese EV company is taking a different strategy that might be working.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Nio
NYSE: NIO
$4.91 (+0.00%) $+0.02
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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