Battery swap stations at 2,994 as of today 30th December 2024.
@phumudzosiphoro3 күн бұрын
@@Jifdman is it I did not see that I will check it out thanks
@JH-td6ll3 күн бұрын
If you have any contacts at NIO, ask them to provide more visibility to their profitability progress in all the other areas they are doing business in. Would think insurance would be throwing off cash if they are leveraging their brand.
@phumudzosiphoro3 күн бұрын
Unfortunately I do not have any contact but all I know is full year profitability is coming in 2026
@JH-td6ll3 күн бұрын
@phumudzosiphoro We don't know that for sure. It is a indication from mgmt. The key is what is growing now to pay down debt faster as margins improve. R&D needs to show some efficiencies with AI and QUANTUM computing.
@Lifesituations80002 күн бұрын
@JH-td6ll If anyone knew the future, we all be millionaires. The only thing left is to take risks and wait. If it happens, it happens. If it doesn't too bad. In the end we all come to an end.
@JH-td6ll2 күн бұрын
@@Lifesituations8000 Ultimately, we are nothing without God. Management of a company should continue to work to increase value for investors. They have great technology, but they need to be able to sell it to enough people profitably or they will go bankrupt and be bought out for pennies, and be a footnote of failure in history. Have a happy new year!
@zzzimbazzzimba44603 күн бұрын
Still dosnt matter since 80% of ALL nio users have free battery swap as, Also ALL new customers still gets 6 free swaps each month. Thats around 3000miles, WHO on earth drives 3000miles in 1 month ? No one!! So it will always dosnt matter cuz they make barely anytjing on battery swap
@DailyBeatings3 күн бұрын
Average NIO vehicle has about 400km of usable range, which is about 250 miles. 6 x 250 = 1,500 miles...😎
@phumudzosiphoro3 күн бұрын
@@zzzimbazzzimba4460 lols I am not sure about the 80% but remember that now there’s also ONVO
@brettmullin75753 күн бұрын
Love your content but the Nio equity will not rise in a sustainable manner unless Nio starts to a path to profitability. The infrastructure for Onvo and now Firefly will cost billions. The equity will not rise above $10.00 for years. Blue skies are coming in a couple of years.
@phumudzosiphoro3 күн бұрын
@@brettmullin7575 profitability is coming in Q4 of next year
@brettmullin75753 күн бұрын
@ William Li said the same thing in 2023. I do hope that you are right but not likely because of the infrastructure cost and growing competition in China. Appreciate your content. Happy new year.