Competition in the EV space will sure get hotter as more established traditional automobile giants especially the German, Japanese and Korean accelerate the shift from ICE to EV. These giants will have much bigger funds and economy of scale Vs the Chinese players. Unless the Chinese gov funds local EV makers like Nio, XPEV and Li, it will be difficult for them to compete and survive the battle in the long run! Time will tell. 

Not a surprise to see analyst cutting the target price for Nio. While nio price has moved up in last few days but the once touted China tesla is trailing further n further behind tesla n other China EVs . Hope nio can find its way back to the EV race!

World apart tesla vs Chinese EV!

of the 3 Chinese EV, Nio delivered lesser than XPEV n Li. Let's hope Nio catch up in 2022 n deliver stellar performance! Cheers to all Nio supporters!