Nio Faces Key Challenges Amid Stiff Competition and External Pressures

Explore Nio's challenges as it battles competition from BYD, navigates overseas expansion, and faces lithium price hikes and COVID disruptions.

An artistic representation of electric vehicles with a backdrop of rising lithium prices and global
Nio Faces Key Challenges Amid Stiff Competition and External Pressures

Challenges for Nio include competition from BYD, overseas expansion issues, and external factors like lithium price hikes and COVID disruptions.

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