For the past couple of quarters, Nio and other auto stocks have contended with tremendous headwinds, such as semiconductor chip and general parts shortages, as well as historically high inflation. What's arguably most intriguing about Nio's sedans is the fact that the top battery upgrade offers superior range (approximately 621 miles) compared to virtually all other EV manufacturers. Nio The first colossal growth stock with the potential to generate a return of at least 233% by 2029 is electric vehicle (EV) manufacturer Nio (NYSE: NIO).