Nio Day takes place on the 9th January 2021, and there are also rumours of an Apple Partnership, but what does this mean for investors? and how will this effect Nio's Stock Price?
Apple want to diversify into automotive production by 2024 and they have been eyeing superior battery technology. But why don't apple just partner with as US company like Tesla, instead of a Chinese company like Nio?
Apple and Tesla don't really have the best of relationships and senior members of Apple Project Titan staff have already been seen at Nio Headquarters as far back as 2019.
Maybe this was just Apple doing some market research or maybe it was the start of a future partnership.
But what about Nio Day? whats that all about? Nio Day is a time when the company announces future plans, new products and new service offerings, but what are they going to be releasing on the 9th January?
Its likely that more information about the Nio ET Sedan range will be released and more info about their 150kwh battery, which, will outperform Tesla.
In terms of my Nio Stock Price Prediction, I believe the stock will hover around the $45-50 range before potentially making new highs after a good Nio Day Announcement.
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