$NIO Inc (NIO.US)$ According to the article in the news tab,...
According to the article in the news tab, Onvo is going to launch the 1st batch of over 100 stalls on 1 Sep. Hmm... let's say even with just 100 stalls, and assuming each stall can sell 5 cars a day, in a wk that is 3500 cars...that is additional 3500 cars delivery per week 😬.! Anyone knows how many Onvo stalls Nio is setting up at the steady state?
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VIVEK SURANA : 5 cars per day is a very ambitious number. The parent brand with seven car models is unable to sell 3 cars per day.
Dragon Fish : Nio has 100 outlets x 5 x 30days = 15k units per mth. CEO said need 20k units per mth to breakeven.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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74216494 Dragon Fish : No. "The Leading ZERO" said, 20k-30k L60 are required, to break even. Usually, Mr. LiE is too optimistic.
VIVEK SURANA Dragon Fish : FYI https://cnevpost.com/2023/05/21/nio-new-es6-show-cars-available-300-stores/