Why is NIO not worth buying?

[Lauren]

NIO's battery range is significantly overstated, with a depreciation of 200,000 yuan within a year, dragging down the resale value of the entire electric vehicle market. Moreover, most of NIO's funding is invested in ecosystem development, while its technology is primarily acquired through purchases. Below is an extended introduction: 1. Brand Introduction: NIO is a global smart electric vehicle brand established in November 2014. Its main products include the NIO ES6, NIO ES8, NIO EC6, NIO EVE, and NIO EP9. NIO is committed to creating a joyful lifestyle for users by providing high-performance smart electric vehicles and exceptional user experiences. 2. China Headquarters: Its China headquarters is located in the Automotive Innovation Park in Shanghai International Automobile City. On February 25, 2020, the NIO China headquarters project was established in Hefei, with the Hefei municipal government making a 10 billion yuan strategic investment. On March 23, 2020, NIO responded to being listed as a person subject to enforcement: it respects the court's judgment and will cooperate with the execution in accordance with the law.