NIO Fair Price
My Notes
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It's an interesting product extension, but I think the phone will have a very hard time...
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It's nice how Nio is holding up despite the results, that's a good sign! :)
I just expanded my position at Nio $NIO. The results have been poor as expected, but that doesn't change the longer term vision. The number of deliveries will slowly start to stabilize, what will be more important for me is the results in the coming years, new products (cars, mobiles and infra expansion) and expansion. Possibly even possibly partnerships, there has been...
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I can't really imagine a partnership with BMW, that's pretty wild :) but I still share the same feeling and look forward to the future of this company :)
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So the $NIO results didn't turn out so well. Let's see how the market reacts to them.
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Did you see this news about $NIO yesterday?
In response to the upcoming requirement that all taxis in Oslo operate as electric vehicles by November 2024, Oslo Taxi has made a significant choice. The company has decided to partner with Nio Norge as its primary EV provider, marking a significant step towards a more sustainable transport future.
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As you write about the battery changes, that's why I love the Nio. It really solves practical problems. Until those batteries can be recharged as fast as you fill up at the gas station (and I'm sure they won't be for many many years), it's going to be massively unusable... and that's what the Nio solves brilliantly...
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Have a great start to the investment week folks. 😊
There's certainly a lot coming up this week, I'm looking forward to more summaries as well, anyway what caught my eye were the short numbers around $NIO, which I noticed is quite popular here. I'm not personally invested because I'm scared of the environment in China, but I understand that some see the potential here and this...
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So those are great numbers, and it looks like the company is going to do better and better.
Thanks for the summary :D
Electric vehicle (EV) manufacturer $NIO seems to be enjoying the fruits of a particularly generous Chinese government of late. China's National Development and Reform Commission "urged local governments to ease restrictions on car purchases and introduce measures to encourage new car purchases."
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After a long time finally a nice report, looking forward to the next one.