NIO

NIO Day certainly didn't disappoint!

https://electrek.co/2021/12/18/nio-day-2021-et5-unveiled-with-1000-km-range-plus-global-market-expansions-into-2025/

With those expansion plans for 2022, they've obviously got a plan to deal with the previous chip shortage, which is great.

Sadly, I doubt that we'll see NIO in Ireland, anytime soon - too small a market, to justify moving the steering wheel to the other side of the car, and setting up a BAAS network of swap stations here (unless they did a deal with the Government - but there's no chance of our lot showing such initiative, I fear).

It’s very frustrating been a Nio shareholder of late. Seem like one foot forward and two steps back a lot of the time. I’m not too worried though. This is a 5-10 year investment for me and I think anything under $40 will look very cheap down the line. I hope I’m right! Norway seems to really have taken to it and it’s going to be a very exciting 2022 with it entering more European markets. The ET5 could be a game changer and the ET7 could be a big seller also.

I’ll continue to buy more Nio around the current price…

Makes buying some (more) Nvidia seem a good choice

Hmm i wonder if Mercedes are using CATL as well to get that range if one is getting that range soon most will have it, can't see many of the battery makers giving exclusivity.

The Tesla roadster due next year is aiming for a range of circa 1000km (620 miles). I am not sure how they do it especially for a car with this performance.

I am not really a fan of Tesla's but this looks awesome.

The other huge advantage of BaaS is the fact that NIO can sell you a car cheaper without a battery, then rent the battery to you, win win in that the customer pays less up front, and never needs to worry about battery degradation, and NIO gets the ongoing revenue from the battery. But in any case, I don't see BaaS as being a critical unique point, if it turns out in the future the consumer isn't interested in the whole BaaS model then they simply buy a battery and treat the car as any other plug in EV (and I'm assuming the likes of Norway especially, a large spread out country with no battery swapping infrastructure yet, you'll simply plug in the battery the whole time to charge).

In any case, I personally think the whole BaaS is more the icing on the cake with NIO, I'm alot more excited about how fast they are building the new factory in China (will be completed in feb), and the 2 new saloon cars the ET7 and ET5, we've seen very good growth in delivery numbers from the large NIO models which are decent models but simply don't appeal to as wide a possible customer base as the saloons will. NIO has a much better profit margin per car than the likes of Xpeng and Li auto also.

Nice pop for NIO yesterday 17% up. Now if it can repeat that every day for about a month.... 🙄

Doesn't wildly surprise me 2bh, Elon regularly states that mass production is alot tricker than you expect. NIO still has a massive advantage over xpeng or the other main Chinese ev players in its high margin per car, and both the ET7 and ET5 are huge for NIO, the model S and Y are the Tesla bread and butter, and by now the S is horribly due a replacement, but it still sells like hotcakes. And other legacy manufacturers are mostly still asleep at the wheel when it comes to EVs, even VW aren't selling a fraction of the EVs they said they would. Personally I'd say we are in for another 2 very average month's of delivery numbers, because people will tend to hold off buying until they can get an ET7, hopefully after that we'll get a serious ramp up though.

It's looking good today. The trend since the end of January is upward. Will take quite a few months of this for us to get back into the 40's.

👍

Anyone know when earnings are? Yesterday Yahoo finance app was saying it was last night but it never happened, then earlier today it said next Tuesday and now it says tonight!! Totally confused 😐

https://twitter.com/NIOGlobal/status/1542833519113580550?t=vR9KLri_1U_ZY0oGF7M2HQ&s=19