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Chinese EV big Nio (NYSE:NIO) enjoys a twin benefit of a competitive cost base and a sizable native market. Although it could affect its brief-term margins, the long-time period benefits of this modern approach ought to present Nio with a slicing-edge advantage within the Chinese EV market. As the company forges forward with these two promising ventures, the company’s prospects appear brighter than ever, poised to influence the quickly rising lithium market considerably. Furthermore, following a gathering with ChargePoint’s administration, JPMorgan analyst Bill Peterson expressed optimism over the firm’s strategic course and prospects for turning a profit quickly. Notably, investing mogul Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) has placed a sizeable bet on the Chinese automaker, further bolstering its long-term prospects

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