Motley Fool contributor Leo Sun argues NIO is a stronger long-term turnaround bet than Lucid, citing 2025 deliveries of 326,028 versus 15,841 and net losses of 2.2 billion yuan and $3.68 billion, respectively. NIO also achieved adjusted profitability in the first half of 2026.
Sun points to NIO’s battery-swapping stations and lower-priced Onvo and Firefly brands. He says Lucid’s deliveries are growing faster but that it has yet to show it can scale. Saudi Arabia’s Public Investment Fund owns more than 60% of Lucid’s shares; NIO received a $1 billion government-backed rescue in 2020.
Analysts cited in the article project NIO revenue to grow at a 25% compound annual rate from 2025 to 2028 and forecast it to turn profitable in 2027. For Lucid, they project 73% annual growth but continued losses. Sun says NIO trades at 0.5 times this year’s sales, versus one times for Lucid, and notes Lucid says its liquidity can last through 2027. The article characterizes both stocks as risky.
