Is NIO a Good Long-Term Investment?

There is a reason why NIO is always on the news. For a relatively new car company, things are going very well for them. Their car sales doubled last year, and it's going to raise more and more as it is tremendously wanted in the Chinese market, and soon to be in Europe with their expansion plans in 2021.



Even though NIO stock price dipped a little this year, there is no need to be scared. As a tech investor myself, this is one of the best opportunities to invest, just because of their outstanding marketing and open-minded consumer politics. To top it off: This is a pretty low stock price (April 2021 - 38 USD) in comparison to January's 62 USD record price per share.



For long-term investments, the best is yet to come. With the new regulations brought by the British government and the European Union, the production of internal combustion engines (petrol & diesel) will be banned by 2025, making all EV company's stocks skyrocket, and as an underdog to Tesla, always root for the underdog.



To finalize; with their current dip, their future expansion, and tech plans, the shares will probably go up at least 3 times in the next 5 years, while in the next 10 years they will have a high share in the all-electric market. NIO is absolutely the perfect opportunity, a foolproof long-term investment.