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NIO NIO Inc. USD OV

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3.780
-0.100-2.58%

10min DelayMarket Closed Aug 8 17:04 CST

7.89BMarket Cap-2255P/E (TTM)

NIO Inc. USD OV Stock Forum

AnaiAnai

6 hours ago

Chinese Government want go green so that lesser pollution like in the past. So giving goodies to buyer also create problem. Create a false impression NEV is in good demand. But artificial demand only. It is seen as subsidizing China NEV makers. No wonder the west always crying about unfair competition from China. Anyway is good news. But unfortunately is already surpass 50% mark. How far can it goes. Nio can sell 30k units in a month? Increase of 50% of last 3 months average 20k each month?

China's Sales of EVs, Hybrids Surpassed Conventional Cars in July

Spinee

14 hours ago

China's Jan-Jul trade with

ASEAN +10.5% y/y to 3.92 trillion yuan
🇪🇺EU +0.4% y/y to 3.22 trillion yuan
🇺🇸US +4.1% y/y to 2.72 trillion yuan
🇰🇷S.Korea +8.0% y/y to 1.32 trillion yuan
🇯🇵Japan -2.9% y/y to 1.23 trillion yuan
China July exports (y/y):
Oil products -6% to 4.98 million tons
Fertilizer +10.5% to 3.07 mln tons
Rareearth -9% to 4,937 tons
Mobilephones -13% to 55.3 mln units
Vehicles +25.7% to 553k units
IntegratedCircut #IC +13.4% to 27.34 billion units
China July imports (y/y):
Ironore...

Spinee: 中国7月份的贸易差额为6019元人民币，之前为7037.3亿元人民币：

AnaiAnai

15 hours ago

Nio hit 52wks low 3.71 in Spore market. US market 52wks low at 3.61. Still more expensive in Spore than US.

Teck Wang Pang PaPa

16 hours ago

Nio why are you down when U done better?

U make more than competitors but the share prices are lower than weak competitors..why? why?.......reason might be on this link- YouTube

Teck Wang Pang PaPa OP : Nothing to lose now as betting few K, for a few million. if Nio back to Zero, I wont die just losing few K.. hahahaha..
Disclaimer...invest within your budget don't go overboard.

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AnaiAnai Teck Wang Pang PaPa OP : you sound like very optimistic like selling snake oil?

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AnaiAnai : Nio sales is still miserable low even hit 20k units per month in the last 3 months. It shows the growth rate softens not like before. It need to cross the 30k unit maybe a bit hard at the moment.

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Teck Wang Pang PaPa OP AnaiAnai : well nothing to lose and sales in China are up.. Nio's biggest investors haven't sold a piece of shares yet, it is manipulated by USA media and those usa citizens panic selling which causes a lot of drop. Big institutions can scoop them into their pockets. The lower the prices the happier they are.

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AnaiAnai Teck Wang Pang PaPa OP : Nio sales was 20k units out of how many in total EV sold in July? July MoM growth rate is 3%. Stagnant ? How to achieve 30k units in the coming months? Look like impossible to achieve the growth rate need to breakeven anytime soon. Nio will be loss making until 2025 and will be run out of cash? Need capital injection again?
According to preliminary statistics, the retail sales of new energy autos in China's passenger vehicle market were 0.879 million units from July 1 to 31, up 37% YoY and 3% MoM. The accumulated retail sales since the beginning of this year reached 4.991 million units, an increase of 34% YoY; the wholesale of new energy autos by passenger vehicle manufacturers nationwide was 0.955 million units from July 1 to 31, up 30% YoY and down 3% MoM. The accumulated wholesale since the beginning of this year reached 5.575 million units, an increase of 30% YoY.

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Spinee

Aug 7 04:11

Three Departments Issue Major Statements on Virtual Power Plants and Shared Energy Storage Stations

According to China Securities Journal, the plan proposes to increase the share of new energy in the power transmission channels;
organize research on the capacity of distribution networks to accommodate charging facilities in provinces with large-scale development of electric vehicles;
build a number of shared energy storage stations; implement a number of computing and power coordination proj...