Nio is opening battery swap stations in major Chinese cities this week.
This is the company’s latest push to allay fears that electric vehicles are limited due to their inefficient range.
Why it matters: Range is often one of the biggest issues consumers have when considering an electric car.
Battery swapping is theoretically a quicker, safer and more convenient choice than a fast charge.
Nio is one of the few EV makers that support battery swapping and has invested heavily in urban facilities.
Previously, Nio provided swapping points for owners along Chinese highways, while those in urban areas had to rely on battery delivery services.
Individuals usually gravitate towards popular stocks that are mentioned online.
Let’s take the example of one company favoured by Millennials.One often-discussed company in the S 500 stock is Tesla (TSLA), however, the millennial generation is also making money on five other, popular stocks within the same.Here Are 5 Most Popular Stocks Among Millennials that aren’t TeslaStocks like Industrials Plug Power (PLUG), FuelCell Energy (FCEL), consumer discretionary NIO (NIO) outperformed Tesla in the last year according to an analysis done at custody and stock clearing firm Apex Clearing.
Only two stocks in the S 500 are up more than 500%, and those are Tesla and Enphase Energy (ENPH).
Millennial investors have been making big gains in the stock market, as account balances in the fourth quarter grew by 24% among this age group (more than any other age group).
Tesla makes up more than 20% of holdings for the age group and has been a big win for them.
However it’s actually not their best.Nio, a Chinese maker of electric vehicles, is the fourth largest stock in millennials’ portfolios.
Nio is opening battery swap stations in major Chinese cities this week.
This is the company’s latest push to allay fears that electric vehicles are limited due to their inefficient range.
Why it matters: Range is often one of the biggest issues consumers have when considering an electric car.
Battery swapping is theoretically a quicker, safer and more convenient choice than a fast charge.
Nio is one of the few EV makers that support battery swapping and has invested heavily in urban facilities.
Previously, Nio provided swapping points for owners along Chinese highways, while those in urban areas had to rely on battery delivery services.
Individuals usually gravitate towards popular stocks that are mentioned online.
Let’s take the example of one company favoured by Millennials.One often-discussed company in the S 500 stock is Tesla (TSLA), however, the millennial generation is also making money on five other, popular stocks within the same.Here Are 5 Most Popular Stocks Among Millennials that aren’t TeslaStocks like Industrials Plug Power (PLUG), FuelCell Energy (FCEL), consumer discretionary NIO (NIO) outperformed Tesla in the last year according to an analysis done at custody and stock clearing firm Apex Clearing.
Only two stocks in the S 500 are up more than 500%, and those are Tesla and Enphase Energy (ENPH).
Millennial investors have been making big gains in the stock market, as account balances in the fourth quarter grew by 24% among this age group (more than any other age group).
Tesla makes up more than 20% of holdings for the age group and has been a big win for them.
However it’s actually not their best.Nio, a Chinese maker of electric vehicles, is the fourth largest stock in millennials’ portfolios.