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Consolidation Or Collapse? Nio’s Future Is Uncertain Amid China’s EV Crackdown

The Chinese government’s intention to crack down on mindless EV expansion by the country’s major manufacturers has a positive and negative effect on the Nio (NYSE:NIO) stock outlook.

Fortune reported in January that Bejing would come down hard on manufacturers undertaking projects to build additional capacity in the country when demand for EVs is simply not there.

Here are the pros and cons of consolidation for Nio.

This post appeared first on InvestorPlace.