House of NIO: EP. 2 at NEO Park with Dr. Shen Feng

[@MJTUEN]

Long long overdue for such publicity. More in the future, please!!

[@younggamers7663]

Im a long-term believer/investor of NIO, but sales and deliveries have been absolutely shocking. What happened to the promising ET5 sales numbers? Now, talks of new models, etc. Sounds like NIO is just making new models without a clear vision on how to become profitable. It would be great to have a video on all these questions by investors alike.

[@dullumullu]

Exactly, NIO is following a very amateurish business plan . “ Do other OEMs have a similar Model ? Ok we make one NIO version too!!” . They have 0 insight or understanding of the market , and no responsibility to achieving profitability, controlling costs or making sound strategic decisions that benefit the company's future. It’s like a bunch of nerdy teenagers was given some billions ( from US shareholders ) to go make a car company and run it . They now , as of today , offer 5 (yes 5!) brand new models , all based on their 2.0 platform, and cannot crack the lowest end of monthly deliveries amongst their Chinese competitor OEMs with over 350 points of sale. (Sales Inefficiency is a Euphemism at this point or probably they actually want the world to know that in reality they are an Automotive Charity) This in a Chinese EV market that is expanding at light speed. They have no understanding of their core customer base , in China and in Europe. It’s beyond pathetic to the point that it’s now turning into the most ridiculous automobile company ever.

[@rastieigner5377]

Very inspiring: standing high, looking far - summarizes NIO very good

[@charlesd9949]

Beautiful factory and stunning cars NIO makes. Now they just need to speed it up 3-5X. $NIO

[@kevn99]

Is that all ?. . .5X coming up!😂

[@charlesd9949]

@@kevn99 20X

[@dullumullu]

Seems though like every months it’s more like 0.75x 🌝

[@niosanfrancisco]

Thank you for this. Its very exciting to see. I will see this in person. GO NIO !!

[@niosanfrancisco]

@Cláudio Afonso on my list !

[@MissGoElectric]

The new NIO House with factory access is fascinating. We would like to show it to our viewers when complete.

[@fuelbasti]

This brand is so cool. I dont know why the stock is burning but every time I am more than impressed by this brand and its products

[@ianpolo5673]

Me too. I am very impress with NIO products too.

[@joesmith9288]

It's burning cash as well, that makes the investors nervous.

[@ssakhi10]

Politics and jealousy.

[@dullumullu]

@@ssakhi10 there is no politics and jealousy in simple bad management and irresponsibility.

[@ssakhi10]

@dullumullu per their own forecast they are not supposed to be net profitable for at least 2 more years. This is a long game.

[@rededwards3479]

Apartments for NIO workers onsite! ...Well done!

[@dullumullu]

Yeah as long as shareholders keep paying for everything lets build some for the NIO customers too right ?

[@rededwards3479]

@@dullumullu hahaahaha...agreed!

[@faresar]

Cash burning

[@rededwards3479]

Well done. Well produced! ,,,makes you wish it was 1 hr LONG!

[@NIOAdmirer]

Great video 🔥

[@elisalaufer8569]

Wow! Great Video! 👌

[@kyra3338]

You need to get MKBHD to do a review of the ET7!

[@husseinkhlifi5815]

Fantastic episode!

[@dennisc6223]

fantastic video, this should have been episode 1. Dr Shen Feng also speaks very eloquently despite english not being his first language.

[@J.C.F.83]

❤ Nio 😍🤩

[@BENOITSZABO]

Super vidéo , en juin progression des ventes et des stations d'échange de batteries .....

[@Sossingro]

The ET5 is getting an estate option, is the new ET7 getting one too? I didn't like the EC7 as much, so the extra room in the boot would help.

[@MichelFernandes1]

Congratulations, it's amazing factory. When you arrive in Brazil?

[@watatoi1515]

It’s always very special. ⚡️🔋🏁

[@chiefrocka1363]

When is the residential area for workers supposed to be completed? 6:29

[@alyciawang2892]

I love NlO

[@likemiki]

How can I get the jacket with the NIO logo? It is great.

[@kalikid8181]

Beautiful!

[@Random.Adventures.]

Is nio delivering cars from this factory at the moment

[@Vlad-ue8vh]

❤️❤️❤️

[@anvoong2510]

It sounds like the low ET5 delivery currently is because of the factory retooling for EC7 and likely the new ES6 and ES8.

[@dullumullu]

No , that’s the typical NRE (Nio Recurring Excuse). The low delivery numbers of ET5 is because people aren’t buying the car . Factory has already been retooled for other vehicle lines Long ago .

[@ByronWalter]

@@dullumullu Yup.

[@stickynuggz9496]

Looks like Nio is ready to go Global to me.

[@tpgsoldier]

I am pulling for NIO. Tesla is the real deal, hopefully companies like NIO and Rivian can make it!

[@ByronWalter]

Unlikely. Most EV companies will disappear, even during a period of exponential growth. Back in the 80s, PC sales went ballistic but most companies failed. Same happened in the early evolution of the IC car industry. This is unlikely to be different. And adding to NIO troubles, the company seems to have no focus. Swap stations are proprietary to NIO and are a huge money pit. NIO has said that they plan to build a 1000 of them this year... at $500,000 per unit? The math just doesn't work for me. I wish that NIO would just stick with standard fast charging. Battery tech is in a period of rapid advancement and I can see those swap stations as being a pointless dead end expense in the near future (if not already). That said, I am frequently wrong and hope that I am on this :)

[@Error-hv9fh]

Why do you show a factory with such low production results?

[@kevngu7256]

Is this nio own factory or it’s jag?

[@fuelbasti]

@@alibabaalibabaevich5532 a trap? Would you say apple is a trap too? Or have you ever seen an apple iphone factory?

[@californiaprince]

​@Cláudio Afonso you didn't answer who does own the F2? Just say it loud and clear that JAC owns F2. Also NIO USA CEO lied to investors too just like you.

[@dullumullu]

This one is also owned by JAC / Hefei Government. The Hefei government built Neo Park which will house NOT only NIO related production facilities but other OEMs too. don't be deceived by the Neo Park name. F2 NIO is only a small part of NEO park. Rather than buying and building its own factories, NIO prefers to spend money on battery swap stations, NIO houses (for people who don't buy NIO cars) in the most expensive parts of the most expensive cities, and coffees and drinks for visitors at the Shanghai Auto show.

[@thomaskim3128]

@Alibaba Alibabaevich Do you feel good lying to people? Try to live life honorably.

[@kevngu7256]

dam if im confused still with all these comments , i dont think i will buy nio stock at this time. they need their own factory to become profitable

[@BillyYe]

Is the NIO factory efficient enough to produce new NIO models that can close the pricing gap on the MIC Model Y $38K, and Li L7 $45K? And still maintain a profitable margin for NIO?

[@dullumullu]

Obviously not .

[@jeremyr7165]

1M vehicles a year?! Who is Nio going to sell them to? They only sold 6,155 last month. 😅

[@dullumullu]

They will never produce 1M vehicles because they currently don’t have the money nor the market share to ever do so . Ever wonder why NIO never just produces more cars than what they, more or less, deliver, like Tesla does ? Because NIO is not vertically integrated like Tesla and has to pay a fixed sum to another company for every vehicle they produce and don’t sell . This is reflected in their gross vehicle margin. It’s costs NIO a significant amount more to produce 1 vehicle unit than it does Tesla. They are a “make to order” company that balances its costs on a monthly basis, like the mom and pop mechanic workshop down the street in your town . Incidentally have you ever asked yourself why NIO needs 4 Factories in China (F1 , F2 and the upcoming F3 and F4) to make its vehicles , albeit with with such low volumes , and Tesla can just expand on the one it already has ?

[@dullumullu]

Such a big fancy expensive brand new factory to produce only less than 1000 ET5s per week. 😂

[@alexdefigueiredo7176]

Got a tuga to do the interview 🤣

[@faresar]

Million cars per year. I hope they find buyers

[@sthardman]

Wish they had a native English speaker doing the tour

[@BrianWo2517]

Congratulations to China from Germany ✌️👍😀

[@joesmith9288]

It's about the time to phase out aggressive spending and becoming profitable.

[@tm4s426]

This factory would be great for TESLA since they actually would sell cars with such infrastructure.

[@dullumullu]

I'm not sure Tesla would ever be interested in such an old tech factory. Tesla's production facilities are a significant magnitude of scale higher in production efficiency compared to this. And Tesla would never consider running a factory (owned by a 3rd party like the Hefei Government and JAC) in a Tier 2 city like Hefei as they already have Giga-Shanghai and hence can already benefit from the availability of highly skilled human resources. Many Chinese High Level Experts would love to live and work in Shanghai. Not many are willing to live and work in Hefei. Tesla is much better placed to expand and improve its production capabilities by staying in Shanghai. Very strange that NIO needs 4 Factories in China (F1 , F2 and the upcoming F3 and F4, located in a Tier 3 City : Chuzhou) to produce its vehicles , albeit with with such low volumes , and Tesla can just expand on GigaShanghai.

[@USAsuperstore]

Here's a good one: A car company that does not care about car sales but instead talking about lifestyle. LoL... Using investors' money to build a fancy lifestyle, for the very limited number of customers.

[@cocorna3282]

NICE VIDEOS PRODUCE $00.000 REVENUE Sales produce revenue & NIO has yet to have any model that's produced acceptable revenue

[@Rolandinos25]

They are so far off of their 250k annual target it’s hilarious

[@mannysfishingadventures5405]

nio to 650 per share !!!!! nfa lets go profitable n beyond

[@dullumullu]

Actually they are not too far from that target . In a few days I’m pretty sure they could hit 650cents per share .

[@oneplanetearth]

Currently NIO supporter are seeing RED sky and feeling hopeless supporting NIO unfortunately Huhuhu✌✌✌ Never to invest in a stock you love any more

[@Drgnrt]

Sounds like you entered at $60.

[@dullumullu]

​@@Drgnrt Yours is the typical answer from most stocktwit "loooong-term" bagholders. People "entered" this company based on the financial information that was provided to them at the time. Business plan, market outlook, revenue and growth potential, leadership, fundamentals etc. Just like any other investment. The difference being is that the information provided to NIO investors was fundamentally wrong or misleading. Anyone care to comment where the 200000 ET5 pre-orders form last year evaporated ?Or the long months waiting lists for the ET7 (based on information from 2022) ? Or the partnership with Mobileye ? Or the message from the NIO Founder that they produced 300000 cars as of Dec'22, and would easily deliver those by end of the 2022 ? Yeah gone and conveniently forgotten. Now they are telling us that the brand sparkling new ES6 has 30k per orders ? Well if we assume that the same percentage as ET5 of those will be converted in real hard cash, it seems more of the same rehashed mud soup story. Comeone, fool me once....shame on Nomi??

[@Drgnrt]

@@dullumullu You have a different view, it just feels like some people invest and expect $$$ immediately. Patience pays off. This is not a financial advice btw.

[@dullumullu]

@@Drgnrt people have been invested in NIO since 2018. Of those 5 years NIO outperformed the market for only about 6 months, during the Covid stocks bubble of 2020. (Just in time to avoid the 2019 / early 2020 possible bankruptcy). During all of those 6 months in 2020 where the stock was rising NIO made no hesitation in executing multiple stock offerings, diluting the shares float , to blatantly cash in on the investors “confidence,” emitting more stock than Tesla, and promising nothing. They raised over 10 billion of US investors money, of which today less than 3 years later , less than 6 billion remain . What did they actually spend the investors money on that increased any of the company’s fundamentals? 2 new sub-brands ? More unprofitable battery swap stations? NIO Europe (with about 30 cars delivered Europe-wide monthly) NIO Phone ? NIO Nuclear fusion? Nio lifestyle clothing? Nio houses for progressive Berliners, that don’t buy cars ? So how long is long term ? 20 years ? Or perhaps 40 ? Clock is however now ticking for NIO . The less than 6 billion in cash on hand in, with their burn rate, will last till about November 2024. Do long term investors really have the brass to wait until then to play chicken with the Chinese EV market? And should this “stock” ever go up because it’s being pulled by some illogical future maybe bull market run up, what do you honestly think the first thing NIO leadership is gonna do to keep the lights on ?

[@Drgnrt]

@dullumullu NIO has to break even, that's for sure, this will be achieved by increasing sales, hopefully the NT 2.0 platform and next year's NT 3.0 will help with this. But the market is very competitive, so getting the expected ~20% margin is not as easy as it seems. I don't think the company fundamentals are wrong, EV market in general is growing, so this should make it easier for NIO to expand in the future with features like battery swap, NAD, BaaS and other. Unfortunately, I do not own a crystal ball and yeah, there's always room for improvement, especially on the management side as it seems.

[@orrimoch5226]

This is a failure company - there are better cars to buy and better companies to invest. I suggest to stay away from NIO!

[@gregdelarosa]

expand into the USA market

[@cocorna3282]

THIS IS DELUSIONAL NIO has truly perfected the art of Spend. They're completely novice in the business of SALES. Disagree? Name ANY (ANY) NIO model that's ever been in high demand.

[@Drgnrt]

The ES6 maybe?

[@dullumullu]

@@Drgnrt like the 200k supposedly Pre orders for ET5? Yeah don’t hold you breath.

[@Drgnrt]

@@dullumullu Please research how preorders work. You shouldn't assume sales based on preorders.

[@dullumullu]

​@@Drgnrt I didn't assume anything. I reported what the company openly communicated, based on which Investors were mislead. Just as the stock price is NOT based on actual current sales but rather forward looking possibile growth of the company. If the company has a history of overpromising and underachieving, and NIO does, then there is no reason why stock investors should reward the stock price with a multiple on revenue (based on current actual revenue then the stock price of NIO should be much lower). Its the same reason why Nvidia Stock exploded recently, not because they actually have that revenue from AI but because they estimate they WILL get that kind of revenue based on how the AI market is growing. In other words, based on you guessed it, Preorders. That's how the stock market works. Perhaps spend some time doing your own "research".

[@Drgnrt]

@dullumullu I'm not entirely sure if that's something that was officially communicated by NIO to the investors. But you should probably contact NIO directly about this, I won't help you here in the KZbin comment section.

[@TonyYIsOn]

Sounds like all visions and spending. Where is the production and sales? Nio first factory can produce 600,000 vehicles annual. If we tag a 70% production rate and divide by 12, we should hit 35,000 vehicle per month. We are no where close to that number.

[@jeremjerem]

Nice but i will buy a NIO car only if they build in Europe

[@ka_gamma_77]

Me too 😊

[@MegaTonyng]

Great cars that's not selling 😢

[@WayneT00]

Start producing cars already!

[@edwardsciacca8012]

WELL ( NIO ) it is time to PUT UP or SHUT UP . from $1+ to $60+ back DOWN to $7+ . U are using the SHARE HOLDERS as your personal BANK . TIME TO PAY INTEREST DO or fade away like the TUCKER . YES i own shares of NIO AND ALSO SHORT THE same NUMBER OF SHARES . making more on the SHORT SIDE . the way it looks see U at $1+ again .

[@jeffsanchez2357]

The stock will never catch up to the company

[@samuelromo7839]

Closed the factory down your not even building cars 😂

[@ahmedchowdhury3391]

No sale so don't need factory

[@californiaprince]

Afonso, you have heavy accent. Let Nomi does the talking for you. You guys want to open the factory for public visits so manufacturing secrets will be out. Great more failure to come!

[@JavierSanchez-lk7uh]

hahaha, chill out mate, ensambling a car is no mistery. There are no secrets to reveal.

[@californiaprince]

@@JavierSanchez-lk7uh Do you remember when Elon Musk said that Tesla had to restructure the production line to lower cost? So steps of manufacturing should be secrets. With NIO, everything is missed up.

[@sam-fm3hz]

再不好好稿營利 我真的快撐不住

[@charlesd9949]

Beautiful factory and stunning cars NIO makes. Now they just need to speed it up 3-5X. $NIO

[@explicamen]

@@charlesd9949 and a small detail, sell

[@adfasdfasdf643]

utilizing all these foreigners looks so unconfident

[@dullumullu]

Pretty sure if the whole Video was in Chinese it would inspire even less confidence as most shareholders are non Chinese speaking. Always amazes me how NIO has tried to be a great global EV brand selling western like quality and technology but their CEO can’t even reply to a few simple English questions in an official earnings call. Very “unconfident” indeed. I think they should choose what they really want to be. If they choose to be a fully Chinese brand , then NIO shouldn’t expect to dent BBA sales.

[@sthardman]

At least use a foreigner who is a native English speaker. Russian accent doesn’t inspire trust these days

[@sangar463]

Every ev company in China selling record high only Nio cars sell dropped 60% , Nio is scam

[@dullumullu]

But but but they offer "bAttErY sWaP" and BS, imean BaaS (bul$$1T as a Service ) . 🙃

[@johnjohn3241]

Look at this Tesla wannabe.

[@explicamen]

min 0.46 IA voice. NIO saving money. wow they really care 0 about shareholders!

[@Drgnrt]

Say hello to Nomi.