WayneTheBoon : This company and what management says is a real scam

102205868 (Tay) : Totally agree

莹火虫 : 1 Dec Onvo 10k Nio 10 K total 20k

102332870 : will hit his target as he puts his job at stake verbally. Nio will need to steady the deliveries as well!

VIVEK SURANA : Doesn't  matter if ONVO delievr 10k and NiO also down to 10k. The overall revenues  will still be down. November  delivery  already show that only 20 k delivery, The 5k onvo+ 15 k NiO. All the talk about double shift production  is BS. The overall delivery is still similar to what it was 6 months ago. NiO is basically  replacing the expensive NiO car with a cheap ONVO car
The profit margin and revenue both will decrease  due to low ASP.

WayneTheBoon : It’s so obvious that the factory can only handle 20k vehicles, so no matter onvo 10k or nio, it’s still 20k vehicles combined

74216494 VIVEK SURANA : And overall profit will be down, too. Because L60 is loss-making, until March, at least. Assuming, really 20k L60 can be produced then AND sold without "incentives". BUT: How often did NIOs top management overpromise already, and underdelivered ? Happy SHORTing.

莹火虫 : 1 Dec Onvo 10k Nio 10 K total 20k