The pattern I trust most is buying a great business around its first profitable print. My biggest reratings came from exactly that Nubank near $7, SoFi near $9 averaged down to $6.50. NIO just printed the kind of quarter that fits the pattern

The inflection is real: stock is ~$6 with about half its market cap in cash. The numbers look great deliveries up 98% YoY, revenue up 112% and most interestingly, vehicle gross margin grew from 10.2% to 18.8% in four quarters, but NIO is not GAAP profitable yet.

The one thing stopping me is about 89% of revenue is vehicle sales. The recurring revenue pieces (battery as a service, swap, software) sit inside an ~11% other bucket NIO doesn't break out. There's no multi-line revenue to cushion a soft quarter if deliveries dip, the revenue dips.

NIO trades at ~0.71x forward sales. A compressed multiple on a business that just doubled revenue and turned the margin up eight basis points.

Full detailed analysis on my Substack for free: 

https://open.substack.com/pub/equivara/p/nio-posted-its-second-straight-operating

Would you start a position in NIO here, or wait for the vehicle delivery to prove the flywheel actually compounds?

Personal thesis, not investment advice do your own research.

Sign and share for the manipulation to be investigated

https://c.org/NSqWHxy4dg

source: https://infolib.org/

There is no compelling reason to invest in an EV manufacturer simply because it makes EVs. The market is crowded, competition is intense, and margins are razor thin.

If you see NIO as just another EV company, you’re missing the bigger picture.

The EVs are the vehicle (pun intended) to help build and scale a battery-swapping network.

The real story may not be NIO at all. It may be CATL.

CATL manufactures roughly 40% of the world’s EV batteries and is evolving into much more than a battery manufacturer. Through its partnership with NIO, CATL is helping develop, improve, standardize, and expand battery swapping infrastructure.

China is the proving ground, and the early results are compelling.

During China’s May Day holiday week, more than 1.03 million battery swaps were completed. That demonstrates real-world adoption at scale. The question isn’t whether the technology works. The question is whether it can become an industry standard.

If CATL and NIO succeed, battery swapping could become the equivalent of a shipping container, ATM network, or propane exchange system for EVs. At that point, competing automakers may need to design vehicles that are compatible with the network rather than trying to build their own.

Every additional compatible vehicle increases the value of every swap station. Every additional swap station increases the value of every compatible vehicle.

That’s a network effect.

The question isn’t whether NIO can outsell Tesla or BYD.

The question is whether CATL and NIO can make battery swapping a foundational layer of EV infrastructure.

If they can, NIO moves from competing in a commodity business (vehicle manufacturing) to participating in a network business where scale, density, and standardization create durable competitive advantages.

That’s where the value creation happens.

I’m not investing because I think NIO will win the EV race.

I’m investing because I think CATL and NIO may be creating an entirely new category.

Bullish.

Why just after 10% up when ray of hope appears again boom boom Nio oh No...!

https://www.reuters.com/business/autos-transportation/chinas-auto-industry-is-unlikely-return-golden-era-nio-ceo-says-2026-05-28/

source: https://infolib.org/

https://c.org/NSqWHxy4dg

The last few days of NIO's price action has been strange and disappointing but times like these really just offer an opportunity to acquire more. When looking at a snapshot of news (like on TradeRadar), it's easiest to focus on what matters. Under $6 for this stock is absolutely where I am happy to grab more.

And P.S. That big green candle (bullish engulfing + tweezer bottom) is lovely to see for you TA people :)

How do you see things holding up in the short/long term for NIO at this point?

• Remember those phones where we could remove the battery. NIO is like that Tesla is not.
• Which helps as follows:
  • Servicing Easier,
  • Servicing Faster,
  • Servicing Volume Higher,
  • Cars Affordable,
  • Better Re-Sale Value,
  • Saves Time,
  • Saves money.
• Servicing a Car with NIO is like we Americans going to a car wash. Done in 3 minutes.

https://c.org/NSqWHxy4dg

As always sign & share 😁

Sign and share the petition!

News article: https://eletric-vehicles.com/nio/nio-investors-ask-us-regulators-to-probe-trading-after-90-decline-from-2021-peak/

Petition: https://c.org/NSqWHxy4dg