
- Nio (NIO) stands to benefit from a rebound in retail car sales in China.
- Furthermore, Nio's delivery data for June and for 2022's second quarter point to excellent growth.
- Investors shouldn't worry too much about a recently issued short report, and should think about holding NIO stock anyway.
Just recently, Chinese electric vehicle (EV) maker Nio (NYSE:NIO) released monthly and quarterly delivery results that were outstanding. That's bullish for NIO stock, and so is favorable data concerning retail automobile sales in China.