Historically, investing in China has been a dicey proposition. Fraud, whipsaw decisions by the ruling Communist party, and a basic lack of familiarity with the country and culture keep many away. Often, that leads international investors to look elsewhere.
So when Motley Fool contributors Brian Stoffel and Brian Feroldi dug into Nio (NYSE:NIO), often referred to as the “Tesla (NASDAQ:TSLA) of China,” they weren’t sure what to expect. But two key initiatives — battery-swapping and the buildup of brick-and-mortar stores — pleasantly surprised them.
The video below summarizes an hour-long deep dive the two did into the company. Watch to find out more about these initiatives, and whether that’s enough to make Nio investable.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
View more information: https://www.fool.com/investing/2021/08/08/nio-is-adding-new-wrinkles-to-teslas-playbook-does/