Nio Chooses MENA and not Europe











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On today's video we will be talking of the Nio latest Stock updates looking at the latest developments of Nio expanding more in MENA than in Europe, which is massive. In the near future Nio could be selling more in MENA than in Europe, which is massive, as it there is more potential in MENA than in Europe because of the tariff increase. So on this video will be going through the massive latest development is in MENA which transpired this weekend. Otherwise I hope you enjoy this one. • Nio (NYSE: NIO) has announced the formation of a joint venture in the Middle East to expand into the Middle East and North Africa (MENA) market, with plans for local production. • The Chinese electric vehicle (EV) maker today announced the formation of Nio MENA with its Middle East backer, Abu Dhabi-based CYVN Holdings, in a partnership that marks Nio's entry into the MENA market. • An agreement was signed on October 4 in the presence of the President of the United Arab Emirates, as well as the President of Egypt, in what William Li, Nio's founder, chairman, and CEO, called an important day in the company's globalization process. • Now all this is bullish to Nio as it will continue generating more revenues for Nio as they will be more car brand utilizing Nio's battery swapping stations. Otherwise I hope you enjoy this one. • Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions. Otherwise for more stock market videos visit my youtube channel @Phumudzo Siphoro • • God Bless you All • #niostock #nio #nioprediction

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