$NIO Inc.(NIO)$I have been trading a lot on NIO since last year when they were on the edge of bankruptcy. And lucky enough, I followed them from $3/share to $52/share. In between there was a lot of selling and buyingback of the shares.

I am amazed by the rate of growth for this young company that has just passed their 5 year mark not long ago.

I see NIO not only as an EV company but more of a lifestyle. Their BaaS model together with NIOLife and NIOSpace has made them what they are today. Heavily focused on the customer service experience at their facilities and user experience of their end product. This has greatly assisted the company in their growth in both user acquisition and consumer loyalty.

This is one company that I foresee a tremendous growth over this decade, especially when a lot of countries are working towards the net-zero environment.

As of now, I do not have a price target for NIO yet. Given that I had last exited the share at $52, I have the benefit of re-entering at any entry price below.

For now, I will be monitoring till end of August and see how the market reacts as the share price seems to be hovering.

Should I be buying it any time earlier, it will definitely be on my timeline. So follow me to see what my future purchases are!😊