With Strong Deliveries and the New Backing of China, $NIO Inc.(NIO)$ is Positioned to Become a Major Player August 03, 2021 - We can infer from the latest estimates that forecasts expect a continuation of NIO's historical trends, as the 79% annualized revenue growth to the end of 2021 is roughly in line with the 71% annual revenue growth over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 22% per year. So it's pretty clear that NIO is forecast to grow substantially faster than its industry. Conclusion NIO is on track and somewhat exceeding its short term expectations, and we can expect a strong quarterly post on the 11th August.