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Benzinga
Benzinga
Business
Shanthi Rexaline

Nio Analyst Predicts Over 200% Upside For Stock: 'EV Maker Has Clear Growth Prospects In 2022'

Nio, Inc.'s (NYSE:NIO) January deliveries, though fairly robust, came in below the numbers of its U.S.-listed Chinese peers XPeng, Inc. (NYSE:XPEV) and Li Auto, Inc. (NASDAQ:LI).

Undeterred by the relative underperformance, an analyst at Credit Suisse named Nio as his top pick in the China auto space, citing clear growth prospects in 2022.

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