NIO

bob mcbob

Timmaay wrote: »

Chinese market, simple enough.

Ok so the existing Chinese car manufacturers along with Western brands that manufacture there already (VW, Mercedes, BMW, Jaguar, Honda, Ford, etc, etc, etc) are not going to sell the EV vehicles developed for Europe & US in China.

I think you are onto a winner there!

PCros

Currently at $38 while posting this.

bcklschaps

NIO's big advantage is it has Government help in China soo it almost a guaranteed success there.

In the rest of the world its in for a battle. But who knows who's going to come out on top when the electric revolution really takes off in 2 or 3 years time... even NIO.

Watching current SP drop eagerly waiting for an entry point.

PCros

bob mcbob wrote: »

Ok so the existing Chinese car manufacturers along with Western brands that manufacture there already (VW, Mercedes, BMW, Jaguar, Honda, Ford, etc, etc, etc) are not going to sell the EV vehicles developed for Europe & US in China.

I think you are onto a winner there!

I think what the poster is saying is that there is huge demand for EV in China.

Also China is the largest electric vehicle market in the world and its only going to get bigger.

Chuckie_Egg

Another issue with the traditional manufacturers are many of them are only starting there EV journey now. Toyota are still trying to flog the hydrogen fuel cell concept. The others bar VW and Hyundai are well behind tesla and the likes of Nio

antimatterx

**** it, throwing a grand at it.

semcleary

Timmaay wrote: »

From 2$ to 40$ in a year, and much more importantly NIO has proved itself as a very capable car manufacturer with very high standard innovative cars and the ability to rapidly scale up production. For me this thread helped convince me to get in 1st at 3$ (which I'll admit I cashed out on), but then in again at 5.90, of which them shares I don't think I'll ever sell, so this thread has aged fantastically well, and I hope its only the early part of the journey.

Yeah when I first clicked this thread I somehow only seen page 1 and thought that was it !
I currently have 170 shares and I bought the dip at 45 it is now at 38 so I'm going to DD again just need to find out when is best haha !
I keep buying the dip but it keeps dipping !

bob mcbob

Chuckie_Egg wrote: »

Another issue with the traditional manufacturers are many of them are only starting there EV journey now. Toyota are still trying to flog the hydrogen fuel cell concept. The others bar VW and Hyundai are well behind tesla and the likes of Nio

I do not necessarily agree but lets looks at Tesla as the leader in this area. I think that still do not fully understand the car market. This year over 100K cars had to be recalled - why failing touchscreens. The reason for this -

Tesla told regulators that the recalled touchscreens in nearly 135,000 Model S and Model X electric cars were only expected to last five to six years—much less than the average lifespan of cars on United States roads today.

https://www.motorauthority.com/news/1131184_tesla-recalled-touchscreens-were-meant-to-only-last-5-6-years

It will be interesting to see how these new Tesla's are perceived in 5 years time after they have done high (>100K) mileage.

Chuckie_Egg

My point about the other manufacturers is valid wrt EVs. Many of them have no technology of there own, bar VW, hyundai/Kai all the rest of them have to buy everything from other manufacturers. Tech such as fast charging systems, drive motors, battery cell tech, AI and autonomous driving capabilities.

So yes Nio has gotten ahead of itself price wise but it is still a better investment than the likes of ford or PSA group

Ixlandia

Nio shares still dropping like a stone, now at €28 straight, what a fall

Standard Toaster

$34.12 (-13.14%)

antimatterx

Standard Toaster wrote: »

$34.12 (-13.14%)

This is an amazing buying opportunity

PCros

Appears to be a trend across the market at the moment - not just NIO.

Ixlandia

PCros wrote: »

Appears to be a trend across the market at the moment - not just NIO.

Without a doubt, just look at the share picks thread, we are being killed today - painful, but a great time to buy

garrettod

Be fearful when others are greedy, and greedy when others are fearful

stronglikebull

Yeah, everything is down today, whatever is going on. Tesla has dropped massively in the last few days. A lot of tech stocks are down in the last two days, as I've a good holding across those. Not even sure what particular madness is going on right now. It's been something to do with Covid and US stimulus packages the last 12 months but I'm not aware of something specific today.

Thinking of investing? Now is the time to cash in!

garrettod

There's also been a bit of a shift in thinking, with recent increases in returns on the bond markets, and some investors moving to either some bond investments, or selling their growth shares and buying value shares instead.

Notwithstanding all of the above, I also think there's been a lot of panic selling, probably by novice investors who were led to believe that share prices only go one way etc.

While its a shame to have seen Nio's price drop so much, it was probably too high at 60ish, given its still a relatively early stage business, making losses etc. Now that some of the novice speculators who read about Nio on Reddit etc have run for cover, we'll probably see NIO go back to normal growth, as the company progresses with its business plan. Its always been a medium term play for me, so I'm perfectly happy with that.

What's most important to note, is that nothing radical has gone wrong at Nio. While there has reference to some delay with provision of semiconductors and batteries, this isn't unique to Nio. The company is still making and selling more cars than it did this time last year, and plans to grow further are progressing, with plenty of cash to fund that growth.

Wingman2010

Hopefully no one panic sold here over the last week! I was buying more the last week. I thought every time I was buying at a great price but it dipped further every time I bought .... I did bring down my BEP so I’m happy enough!

antimatterx

Below $40 again

bob mcbob

antimatterx wrote: »

Below $40 again

Probably because of this -

China's biggest carmaker Geely is launching a premium electric car brand it hopes will take on Tesla.
The Chinese company, which owns Volvo and Lotus, announced its Zeekr brand on Tuesday to tap into China's demand for electric vehicles (EVs).

Geely said it would develop and manufacture high-end EVs under the Zeekr brand and expected to begin deliveries in the third quarter of 2021.
It already has exposure to premium electric cars through the brands it owns. Polestar, owned by Volvo Cars, develops electric performance cars. It is headquartered in Sweden with vehicle production taking place in China.

https://www.bbc.co.uk/news/business-56493572

garrettod

Nio announced that they successfully completed their 2 millionth battery swap. They also announced that their new, 2nd generation, battery charging stations will start opening in April.

The battery as a service offering definitely gives them a competitive advantage imho.

Source: https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

Speaking as someone who sees this as a medium to long term hold, I'm now looking at buying more shares.

Timmaay

https://kr-asia.com/nio-forms-jv-with-automaker-jac-in-attempt-to-take-production-in-house

Good news story.

garrettod

Yup, looks like a good move, without massive capital expenditure.

I wonder if the new JV ("Jianglai") will result in increased preduction capability, this year

While NIO is doing well, compared to last year, it still needs to hit critical mass.

I had wondered if they might licence their battery as a service offering, as another way to bring in more revenue, as its got to have massive appeal - in my view, it's actually a game changer for the EV market.

Wingman2010

Nio is flying the last two days. Looking promising I’m pre market also today. I’m delighted that I was loading up a lot last week in the low 30’s. I would have put more into it but I hope to buy a house this year! Not sure that will happen with how the housing market is going; but I won’t go there..

Was anyone else buying up more Nio during the recent dips?

sporter1

Good numbers on their twitter account today, I'm not able to share a link.

Wingman2010

https://twitter.com/nioglobal/status/1377548885338415107?s=21

garrettod

Now that's what any genuine investors want to see, continued increases in production.

Timmaay

https://cnevpost.com/2021/04/03/nios-first-et7-production-line-body-rolls-off-line-paving-way-for-the-models-delivery-in-q1-next-year/ nothing really new here, but good to see solid progress.

garrettod

NIO produced its 100,000 vehicle, and now has ability to build up to 10,000 vehicles a month... but they are currently limiting to 7,500 per month, due to limited supply of semiconductors.

Source: https://www.fool.com/investing/2021/04/07/why-nio-stock-is-moving-lower-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

Timmaay

Testing the 200day ma today, will hopefully find good support along this line. Advice I heard 2 months ago but sort of refused to listen to is a stock will always come back to test its 200day ma, good time to buy because NIO is still fundamentally a very sound company with great long term prospect's in my view.

masterboy123

I sold my 10x Nio shares yesterday and bought crypto.

bish76

Opened a small position in NIO. Will add more if it falls further.

Wingman2010

https://cnevpost.com/2021/04/23/nio-may-start-construction-of-new-hefei-plant-and-announce-capacity-expansion-plans-next-week/

Wingman2010

Great to see Nio breaking 40; I think it could break 45 next week with them announcing results at the end of next week.

Timmaay

NIO still about 20% of my overall stocks/crypto portfolio, if it does pump rapidly to 45 or high 40s I may sell some and reduce my exposure to it. Still long term bullish, but I gotta go reduce the exposure of my portfolio to growth stocks with these crazy price swings.

Wingman2010

Timmaay wrote: »

NIO still about 20% of my overall stocks/crypto portfolio, if it does pump rapidly to 45 or high 40s I may sell some and reduce my exposure to it. Still long term bullish, but I gotta go reduce the exposure of my portfolio to growth stocks with these crazy price swings.

I think you’re mad selling any Nio now. But then again I ain’t any expert! I’d be optimistic of another good week for Nio but let’s see how the week goes. Did you say previously you have been buying Nio since it was $3 or $4 a share?

Timmaay

Wingman2010 wrote: »

I think you’re mad selling any Nio now. But then again I ain’t any expert! I’d be optimistic of another good week for Nio but let’s see how the week goes. Did you say previously you have been buying Nio since it was $3 or $4 a share?

Id only sell some if it pumps rapidly to 45 or high 40s, basically taking some profits to reduce my holdings of growth stocks. I've bought and sold along the way so hard to know what my average is ha. I'm in no way negative about Nio, my risk tolerance has just changed lol.

hottipper

Timmaay wrote: »

Id only sell some if it pumps rapidly to 45 or high 40s, basically taking some profits to reduce my holdings of growth stocks. I've bought and sold along the way so hard to know what my average is ha. I'm in no way negative about Nio, my risk tolerance has just changed lol.

Looks like its got I more leg up (double from here) before a major correction

garrettod

What do you mean by "a major correction"?

The business is meeting its delivery targets, is in a growth sector, EVs are in high demand in its key market - China, and the markets are generally doing fine, of late.

So, why do you expect a price drop (assuming you don't happen to know that Timmaay is about to flood the market with a massive sale order) ?

hottipper

garrettod wrote: »

What do you mean by "a major correction"?

The business is meeting its delivery targets, is in a growth sector, EVs are in high demand in its key market - China, and the markets are generally doing fine, of late.

So, why do you expect a price drop (assuming you don't happen to know that Timmaay is about to flood the market with a massive sale order) ?

The prophecy https://ibb.co/rtyvMSw 1 more leg up to number 5 then a correction/retrace to just about where we are now.

garrettod

hottipper wrote: »

The prophecy https://ibb.co/rtyvMSw 1 more leg up to number 5 then a correction/retrace to just about where we are now.

Sorry, maybe I'm missing something here, but I'm even more sceptical now, then I was earlier on.

Timmaay

garrettod wrote: »

Sorry, maybe I'm missing something here, but I'm even more sceptical now, then I was earlier on.

Elliot waves lol. Enough said.

hottipper

Timmaay wrote: »

Elliot waves lol. Enough said.

Never mind the elliot wave count, were coming out of a 2 month dip (circled in green) and you want to sell on a pop to high 40s, just saying theres more in it as its not a bad place to start a new position. Im in the same position as you, top heavy with nio just thinking your selling too soon.

Atlas_IRL

Market could be choppy till sept or so but ET7 will be out early 2022, hopefully a Nio bull run from Q4 on.

garrettod

As I see it, the problem that will restrict growth, is the shortage of semiconductors (chips), which is a general problem impacting numerous car manufacturers, even the likes of BMW-Mini, so it's an industry issue and not a NIO problem.

The summer often see's a drop off in share prices, so that's the only other thing that might result in a price drop here, IMHO

So, do we still sell in May...go away... but always remember, to buy back before September? ... or has life changed, with far more computerised trading, and most world economies out of sync, due to the impact of Covid - 19?

garrettod

NIO delivers 7,100 vehicles in April (up 125% on the same month last year), despite chip shortage leading to several days down time.

Also big improvements on cutting losses, and improved margins.

All what the long term investor wants to hear - steady progress...


https://www.fool.com/investing/2021/05/02/nios-april-deliveries-more-than-double-despite-sup/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo


https://www.fool.com/investing/2021/04/30/why-nio-stock-is-higher-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

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Standard Toaster

They say Germany and UK too by year's end.

Standard Toaster

https://www.youtube.com/watch?v=6-GPSbh2zbk

Skip to 30mins in.

roosterman71

ARK Newsletter wrote:

The Chinese Government has announced an EV subsidy for vehicles priced at $45,700 or less for all manufacturers except those offering battery swapping. Electric vehicles incorporating battery swapping will be exempt from the price limit. This policy favors domestic battery-swapping EV manufacturers like NIO as opposed to Tesla which avoided that strategy.

http://autonews.gasgoo.com/china_news/70018208.html?utm_campaign=Sunday%20Newsletter&utm_medium=email&_hsmi=126256578&_hsenc=p2ANqtz-8kFgqa_iAz2zcDRV0WgHyvo4Pf3baIei9Lz_Xa1JozALMHOurBq-fpub-MEI-nZObiIoUGd7U-Q8a005CPeYTjWk0usQ&utm_content=126256578&utm_source=hs_email

Standard Toaster

I think all NIO cars are more then $45k?