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Why NIO (NYSE:NIO) Could Rise as a Pure-Play EV Winner – TipRanks.com – TipRanks

With the global economy facing challenges, it’s no wonder the EV sector is struggling. In particular, Chinese automobile giant NIO (New York Stock Exchange:Nio) is particularly struggling for traction due to broader woes in its home market. Still, with everyone else desperately stuck around, the company’s situation may not be as dire as previously thought. […]