NIO will not be making batteries any time soon unless it can turn substantially profitable. It make no sense if you’re losing money and you start manufacturing batteries just to turn profit. That’s a financial suicide. Completely don’t see this as a strategic decision that’s even remotely possible.
During Nio day william said that firefly isn’t on CATL’s choco network and open to negotiation. This says a lot, essentially Nio has given away their battery swap crown jewel and begging to be on CATL’s network rather than others be on Nio’s network, whatever happened to the partnerships you hyped about
NIO will not be making batteries any time soon unless it can turn substantially profitable. It make no sense if you’re losing money and you start manufacturing batteries just to turn profit. That’s a financial suicide. Completely don’t see this as a strategic decision that’s even remotely possible.
They aim for making their own battery is not to be profitable but to increase gross margins
@ not happening. Guaranteed. Need to be profitable like LI Auto or BYD and then maybe.
During Nio day william said that firefly isn’t on CATL’s choco network and open to negotiation. This says a lot, essentially Nio has given away their battery swap crown jewel and begging to be on CATL’s network rather than others be on Nio’s network, whatever happened to the partnerships you hyped about
Cry babies, victim mentality
Great delivery numbers, today -10%