nanioohlala 74216494 : yeah i agree with this. almost all the ev car producers start with a lower tier and progress with the client to a higher and more premium ie. grow with them. nio started as premium and downgrades to a lower tier to attract mass market. byd and xiaomi did so well, now producing super cars that are way more exp

nanioohlala : that was the issue i was concerned. chargers and stations are cost centres. they are getting customers on baas and they could tell them to just use the existing if they can. why need to build more? if build more to get more customers, where are the customers? shareholders should be able to tell and stress li bin to now focus on profitability

nanioohlala nanioohlala : idk if he is even worried but we definitely are now

nanioohlala TWP PaPa OP : maybe but i think its alot already. not sure how much is govt paying for those batteries storage too. i would think if could make supply chains better or new factory to make more cars

nanioohlala : almost 21k. looks like its less than xpeng but they did build alot more stations

nanioohlala : looks bad but all along nio has not been good at managing expenses. i had assumed there would be a rebound today - looks like market sentiment has not changed

nanioohlala OP : li auto had a 40% increase in deliveries. nio only 7.7% from last quarter. given that nio had a strong q2 it was q hard to beat but needs fast track abit more to profitability. i wonder if li bin sleeps well at night knowing the many problems nio has

nanioohlala : are u the same person. “red guppy papa” and “twp papa” lol

nanioohlala : on average, each station need to do 50 swaps to be in the profitable range. last i checked only 50% are profitable or close to profitable. the Baas supposed to be a anchor for nio, it gives more people the reason to buy but unfortunately it is not translating to vehicle sales. the only thing that is left would be the monthly recurring income from battery rental. they have to increase sales from all these sunk costs

nanioohlala nanioohlala : 70% of nio users are on baas and that means 500k are on Baas. there is alot of costs and they need more people on this. this gives a recurring monthly income of at least 391mil yuan based on the cheaper battery. there is 6 free swaps per month and allow customers to recoup some monthly costs if they are buying it outright later. i wonder if they should slow this down and get more revenue before building more. it is not translating to alot of people changing to nio

nanioohlala nanioohlala : degradation of battery is not a concern as batteries are always checked with older batteries being used for energy storage. it is an efficient system and customers benefit tremendously from this. if i could feedback, li bin should slow building of stations and promote the benefits in terms of marketing

nanioohlala Dragon Fish : typically by ecoomics, this is considered underutilisation of resources. they are not at capacity so i dont understand why they need to keep building more unless the pull is more customers. but we dont see doubling of vehicle sales. why dont they make sure the stations utilisation is high before they build more like a demand supply kind of thing

nanioohlala OP : fyi i have a little nio and wanted to buy more if potential growth shows.

nanioohlala OP : i would say just leave it. no one is looking at forum here to buy or sell shares. just to share thoughts. xpeng has a higher price and head and shoulders is there too. chart readers will do their thing. i think we do not need to engage

nanioohlala OP : some comments here are really q useless. like just photo or asking if people like h&s. i get that they are smart and know more. but i would prefer like analysis so others can learn. the head and shoulders kept repeating and xpeng has it too. i checked it. its most china stocks

nanioohlala OP nanioohlala OP : i may have been too serious lol. on hindsight. i think people banter quite abit here. ignore me

nanioohlala : likely up today. hk and shanghai has good showing and may translate to us. li auto also has earningss announcement in pre so watch this. i suspect many shorts are covering from 3 days ago when it hit high, short volume was particularly large some some covering. probably 3-4% recovery but depends

nanioohlala : i dont think anyone is reading comments here to buy or sell shares lol. for the head and shoulders TA most china stocks are having this including nio and xpeng. so nth much about it. probably chill