$NIO Inc (NIO.US)$
It will be very good if Nio can start earning passive income through these stations (aasuming 3rd party also using it). If the swap concepts really work, then it will be the one and only in China with this model and you can guess how much profit the swap stations can generate. But if it didnt succeed, then i think Nio will need to sell another 1 million cars to have enough Nio cars to use the facilities fully.
20% of NIO’s battery swap stations approach breakeven point · TechNode

$Palantir (PLTR.US)$ such trash stock, switch to short it

Can car companies find a way out by not focusing on their core business?
Recently, $NIO Inc (NIO.US)$obtaining the network access license and climbing to the top of Weibo hot search. Nio Inc., which announced its entry into the mobile phone industry just last year, is now ready to launch its phones. Such speed is amazing and intriguing.
Nio Inc., which did not perform well in the first half of the year, experienced a price reduction in June and completed deliveries of 0.0205 million vehicles in July, reaching a historic high. However, the target of 0.245 million annual sales units set last year means that the average monthly sales volume for the next five months needs to exceed 0.03 million vehicles. With such heavy sales pressure and the need to continue burning money to make smartphones, Nio's actions seem somewhat "unfocused" in the eyes of most people.
Indeed, entering the mature field of another industry giant as a technology company is not an easy task, and successful cases are rare. To create a miracle, newcomers need to have special strategic resources and the right timing, as well as favorable conditions in terms of timing, location, and human factors, in order to have a chance of success. Nio Inc.'s core competitiveness lies in its outstanding user service experience, which brings strong brand loyalty. However, after experiencing this year's price reduction controversy and the comprehensive budget cuts to its service system, many loyal fans have expressed dissatisfaction and have stopped supporting the brand. The stickiness of new users remains uncertain, which is also one of the reasons why it is currently facing many negative voices.
However, TOP believes that Nio Inc. making smartphones may not necessarily be unsuccessful, but there is one condition for this success: Li Bin needs to create a time machine and go back to 2021. With the brand momentum and fan loyalty, Nio's smartphone might...