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The Chinese EV company is investing aggressively in growth.
Nio (NIO -0.15%) is ramping up the production of EVs, introducing new models, and extending its battery-swapping network. The moves are influencing Nio's stock price, to be sure.
*Stock prices used were the afternoon prices of March 12, 2023. The video was published on March 14, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.
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