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NIO Sub-brand Strategy for $650 per Share Growth! - NIO stock
Explore the revolutionary NIO sub-brand ONVO, set to redefine affordability and innovation, propelling NIO stock to $650 per share. Unveiling the sub-brand's Chinese name, Xiangshan, known for its imaginative and impactful meaning. Dive into the details of the upcoming sub-brand car, promising a larger and cheaper alternative to Model Y. Discover NIO strategic move to target second and third-tier cities through franchises and retailers. The sub-brand, codenamed Alps, aims to make electric cars accessible to all with an expected price range of 100k to 200k RMB, offering an affordable and high-performance option. With innovative financing options and lower down payments, NIO anticipates a significant boost in sales, marking a turning point for the company and driving NIO stock to new heights.
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