From a Chinese, not really. NIO is fine only for that entry-mid level middle-class market. Their business model is stretching too thin which means there's a long way to go before they make a profit. They don't have their own car chips, batteries, or even their own factories technically speaking, which means if tomorrow the US deep state decides to sanction Chinese cars, companies like NIO and Xpengs are pretty much done for. BYD, GWM, Geely, and tons of others on the other hand won't be affected at all besides maybe not being able to sell their cars in the US and a few of its lackeys because they are almost 0% reliant on US technologies, so these are way better representations if there is one.
I am still very skeptical, how they are going to run a car-company with all these different models, in that higher price-range. I am looking at Polestar and Tesla and it is not a difficult decision according to me. But I like the design a lot. Cheers from Italy!
Look at Nio's balance sheet. They have approximately 8 billion dollars in cash. Currently the way they are burning cash, that will last them until 2025. They are expecting to be profitable next year. Wait for Neo park to be complete and sales start ramping up.
Well NIOhave cash for 15-20 quarters, this is not 2025 . maybe 2027. until 2027 they will be profitable and could raise cash if needed in 2 years when sales will be 300-500k a year
@@mannyv.3171 at 10 dollars a share or less you really think Nio even if delisted despite successful 1st time US auditors visit in China, that they ll be what less than 10 or 9 dollars per share whether NYSE or other exchanges??? ask yourself that instead of swallowing US electric vehicle and China fud
Bjorn tested a Nio ES8 and he compared it to the "Fat Audi E-tron" in terms of luxury, fit and finish. As an owner of a Tesla he said the Nio was much more luxurious and offered more features than the Tesla. That being said he also stated Tesla still has the best software and better efficiency. Nio's problem is scale, they need to scale up in order to change their financials. If it weren't for support from the Chinese government they would have already went under. I still like Nio cars though and I am an early investor in them.
I agree NIO needs to FOCUS on Cars instead of all this auxiliary stuff....but give them a little breathing room when it comes to expanding overseas. ...I think NIO will do well in that space...the car is well made and looks wonderful
Look, Nio has " Nio Park " factory. Nio has other ventures including " clothes merchandise ". Selling a " Nio Sweatshirt " in a mall in downtown Shanghai is not going to interfere with an electric vehicle getting built at Nio Park.
A few things I disagree with you. The question you didn't address is "why Tesla had to cut prices before the ET5 started deliveries?" Obviously, Tesla is losing market share in China, and they had to cut prices to be competitive, as Chinese people knows the gap in quality between NIO and Tesla. William Li never had bashed Tesla but praised their success, he had said that Tesla will lose share if they don't improve their customer service, besides, Li has said many times, NIO is focused on the premium segment, and Tesla isn't there. fun fact, NIO would survive 5 more years just with the money in the bank, and by then, for sure they will be profitable. overall, good intention of the video, but lack of facts in the analysis
That is the main risk of buying an EV that is not Tesla or BYD, because besides this ones we dont know who will be around for updates or service 5 years from now.
@@thanksforyouruploads I m not talking the quality of the software, I'm questing who will be around 5 years from now, and one thing for sure, a lot of EVs companies that exist now will be gone five years from now, including legacy automakers.
I think Chinese govt will continue to subsidize cars over 300,000RMB with swappable batteries as it's only locals who do that Nio and CATL now joining local brands. This would help them over long term. Also Nio upcoming volume brand would benefit from this. I don't see why Nio as a company cannot chunk out 700,000 cars by 2030, Deutsche Bank analyst is bullish and Nio has a cult which helps.
@@ciybersal9833 When Ford started de production of model T more than 100 years ago, immediately more than 50 companies were born in US making cars as well, most of them were gone five years later, only Ford and a very few others survived, the same will happen now with all this new EVs companies.
@@ciybersal9833 with NIO's factory 1 & 2 potential production is around 500,000+ so that is possible by end of 2023. Then before 2030 there will be 2 sub-brands from NIO competing in lower priced markets with higher volume but lower profits.
One interesting thing is how Tesla has designed and styled their vehicles to not seem dated. They are the right balance of edgy and sleek that has held up greatly, and even gotten better the more you see them since 3 was rolled out about 4 yrs ago, and the y 2 years ago
@@ciybersal9833 You’re doing it wrong. You’re focusing on Tesla somehow being hurt by NIO, when in reality, it’s ICE vehicle manufacturers that are being hurt by far. Tesla sells every vehicle that they can make. They are the most profitable high-volume automaker on earth. Only Tesla makes a profit from (exclusively) selling BEVs. BYD makes a profit, but they also sell plug-in hybrids. NIO is far from being profitable. Once they become profitable(if they ever do), that is when they can be more seriously compared to Tesla.
Robert T: Appearance is PURELY subjective. There are LOTS of different BEV looks and customers will have LOTS of choices by mid-decade if exterior (or interior) looks are highly important to them . To me, the interior of cars is more important re looks and comfort, as I spend 99% of my time near the car IN the car, for any car I own. We'll see where looks get Tesla when the Cybertruck comes out. Hopefully things like power and durability and cost and range and practicality are more important to buyers over time than looks, or I shouldn't be a Tesla long term shareholder, IMO. Oh, and customer service re repairs. I'd REALLY like Tesla to do a LOT of work in that area re scaling up service capacity more as they build more and more cars. Not having a service center in my state is a huge red flag to me, re ever buying a Tesla, for example.
@@waynelewis9110: Just because BYD also makes PHEV's, doesn't mean their impressive growth and growing profits in BEV's should be dismissed out of hand. To me, BYD and Tesla are the kings of the BEV makers, until proven otherwise -- based on scaling and profits and already being at serious volumes. (Several BEV makers are scaling rapidly -- but how many will reach break-even in time?)
Did you know Tesla was burning more then 600 million dollars per quarter when they only producers 30k vehicles per quarter. NIO is spending 400 million per quarter while delivering the same amount of vehicles and expanding throughout Europe. So stop bashing NIO about their spending
Isn't it really a production issue, rather than a demand issue? Xpeng and Nio just dont manufacture enough vehicles. Surley they have an ordering backlog both of them?
My guy, you're losing it just like Marry Barra 🤣 NIO makes 10k cars a month at 68k USD. Xpeng sells 10k a month at 35k. I think your emotions are showing over all the money you've lose over the last year. Don't worry fella. We're all in the same boat.
I agree, Elon is the richest man in the world and he’s hardest working CEO on this planet. Running five companies is crazy. That is a definition of losing his marble.
You're right about the majority part of not able to cut prices. But you should look at byds q3 earnings, they're making 22% gross margin, which is just 6% short of Tesla's (before they lowered the prices)
I am going to strongly disagree with you on William Li, the man is brilliant and has a vision. He made a game plan and sticking to it, battery swap is the way to do it. Does Apple make all their products... no if you watch the news you would see Foxconn produces for them. Saying the CEO is 'smoking something' is out there. I love the brand, I own the stock and will continue to do so. You do you. $NIO
When batteries are expensive and in short supply the least hoo idea is holding 2 to 4 packs per car plus the cost of maintaining the swap stations. It’s an idea that SF kinds great until you add up the overhead costs.
@@Dave5843-d9m These batteries add up to a power station and can feed back to the grid. Charge the batteries when the electricity is cheaper, and sell it back when it's required. I like the fact that as battery tech improves you can upgrade. $NIO
Aloha Sam! You're comparing a company founded in 2003 (Tesla) with one founded in 2014 (NIO), so your harping on NIO's lack of profitability is absurd! It took Tesla 18 yrs to have a full-year profit. Your point about NIO having too many things going on is valid, however. Also, NIO has many partnerships and subsidiaries where costs for charging-piles and swap-stations are not born by NIO alone. Love your vlog, but I expect better. Aloha!
Never understood the "NIO will fail because it doesn't have its own factory" argument. Apple doesn't either and it's not complaining. Comparing Tesla to NIO is pointless - NIO is a premium brand, Tesla is basically a severely overpriced mid-level car. Their customer service is infamously terrible and they deliver cars without brakes. NIO, from what I've gathered, offers unparalleled customer service, flexibility (if your battery is damages, you just swap it out for no charge under the batter as service plan, as opposed to having to fork out 25k dollars or sth with Tesla). NIO doesn't have to cut the prices because it isn't even in the same segment as Tesla. Also, as for your fear that NIO is spending too much on expansion - they have 8 billion dollars of free cash now, they spent around 200 million on the European expansion so far - pocket change compared to their reserves. It will be a while before they go bankrupt. When they ramp up production, which they are doing now, they will break even
Totaly Agree. NIO is different System. Battery Swapp Technic. NIO EV is the future, Roll on Roll off Battery Swapp. Car Battery Separation. Never Battery Problems and no Charge Time. NIO Fast and Furious.
@@elon6784 All Tesla in EU made in China. China Battery Technic China Workforce. I boycot USA. I Support China. Only the name is Tesla, the rest Made in China.
True. First principles of scale economies (mass production of EVs) will be the key to success. Manufacturing EV cars seems to be as difficult as making ICE cars. Remember, in the las 100 years only Ford and Tesla didn't went bankruptcy in USA. Same history for EV makers ? Will see
Hey Sam. Always enjoy the technical analysis and gut take on things. I would however, if I were you, back away from recommending or advocating any stock position. Your track record, as I see it, is abysmal. Plus, you just don't need that aspect in your vids,. Most of us are totally happy with the tech content. Cheers
Hi Sam, greetings from the UK. Your analysis on this is excellent. I do hope that Nio and Xpeng can survive this, the world needs every EV it can get if we are to transition away from fossil fuel based transport. Much as I admire Tesla, and I hold their stock, we can't all drive a Tesla! The market needs effective competition to drive innovation and reduce costs. Besides, both Nio and Xpeng have designed some very desirable passenger vehicles - if only Tesla's were this stylish.
I’d really like to see Munro break down a NIO and an XPeng so we can get an idea of the tech they are using in their drivetrains, electronics, etc. That would give a better comparison between brands and insight as to scalability in production. Depending on how these cars are designed, they may be impossibly expensive to scale up in production. In other words there may be too many manual steps in building them, limiting how many can be produced in a day. Munroe has said this about Rivian (and he owns one of their trucks personally). Munroe and Associates is now working with Rivian to help them redesign their vehicles so that they can be produced faster and more cheaply. Until that is done Rivian has a hard limit as to how many they can build each day. I wonder whether NIO and XPeng may have similar issues and this may be why they have so many models and separate lines for those models.
Simon: "Style" is in the eye of the beholder. Teslas are not gaudied up with unnnecessary fins, scoops, chrome this- and- that--- the designer, Franz Von Holzhausen, didn't want anything to detract from his mission to create the most aerodynamic vehicle he could-- thus the minimalist, flowing lines, no anacronistic grille, and no door handles to interrupt the flow of air. The Tesla Cybertruck is ugly in some people's eyes, but many of us saw the purpose of its design-- to be nearly indestructible, corrosion- proof, and aerodynamic. The more I thought of its mission, the more beautiful it was to me. All Teslas are beautiful in my eye.
Tesla has not updated much hardware and software on their cars. To me they are kind of boring. The hardware and software seems so much better on the P5 and G9. NIO makes good cars but their over head costs seem so high. I would love to be able to purchase the Xpeng G9. I have BYD stock and hope it rebounds.
Making battery swap first and car factory for scale up makes more sense. If I were to buy an electric car? I`d think where can I charge or swap batteries conveniently once I own a car. NIO on right path to new heights.
NIO is producing its ET5 at NEO park which is partially open. It will be fully open by the end of this year. Capable of producing 1 million cars a year. It is partnered with the city of Hefei. The JAC-NEO facility is producing the remaining cars and is capable of producing 300,000 cars a year with a second shift.. NEO is burning cash for new cars but they are also bringing in cash from other sources besides selling cars. They presently have over 8 billion US dollars in the bank so they are far from going bankrupt. They will have a sub brand fo sell mass market soon. The ET5 and EL7 just recently started delivering. They are growing fast and will be delivering record deliveries each month. Their battery swapping tech. is getting cheaper and more massive as they grow. Estimated to be 4000 swap stations by 2025. NIO owners do not have to worry about battery degradation, able to swap to newer batteries as technology improves. NIO plans to be in 25 countries by 2025 including the USA.
Thanks for this analysis, Sam. I was considering adding to XPEV to lower my stock average but will halt that until we here from the company. I still think there is merit to the fact that they predicted 300,000 deliveries. Unless that CEO is delusional too haha. Tells me its simply a production issue? I will however continue add to my BYD investment.
@@stbarnabas3138: Symbols are BYDDY (ADR) and BYDDF (H Shares) for BYD auto. I don't have Robinhood, but would expect you to be able to buy BYDDY at any competent US broker, but at my discount brokers it is not a marginable stock, so cash only. If unsure when you look on Robinhood, you should contact them and ASK. BYD is down recently with much of the rest of BEV makers. Part of that might well be on concerns about Chairman Xi's aggressive policies re Chinese businesses and associated risks to Chinese stocks. I think BYD is promising over the long run, re the way only they and Tesla are SERIOUSLY ramping BEV production, BUT you should know what you're doing AND be ready to hold for the LONG term, given the volatility and risks attendant in Chinese stocks. I'm buying a LITTLE on weakness, and willing to hold until 2030 or longer, and understand I might lose my money invested in BYD. I'm just an ordinary (experienced) retail investor and this is NOT investment advice, just my opinion re me trying to help you on your question.
Thanks, always enjoyed your channel. Perhaps the elephant in the room is the rationale for the undercutting... a concern for BYD? or a concern for NIO? or is it something else like overproduction? Somehow from the timing of the cut, it sounded like the middle could be a possible reason. Ultimately, Tesla probably has a better grip of the marketing and sales channels versus most of us.
You don’t know that. Many of the buyers likely had or were in the market for ICE vehicles. Remember, China’s vehicle market is still largely an ICE/Hybrid-dominated market, not BEV. Tesla is still selling every single vehicle that they can make and is growing faster than any automaker, including NIO.
Tesla is reducing price to sell the same number, which means they've reached their demand cap in China and have to lower margins to in order to maintain the same production numbers.
Sam. I agree with you about these two Chinese stocks but also I would add BYD too much is unstable in China right now with the real estate market and other issues and I just don’t like the government months so I’m out I’m all in on Tesla. Sold all of my BYD, NIO and Xpeng months ago and put it all on Tesla
Tesla prices in NZ have not changed & NZ supply comes exclusively from Shanghai, Im told. If prices do drop, a plad just may go on the "definatly possible" list. 99.8 K subs. Maybe this week. Good on you Sam.
China's EV's are catching with Tesla really quick....but still not quite there. Although in China, Tesla's are considered very basic in comfort, style and infotainment, - they are way ahead in the charging infrastructure, energy efficiency (low kw/h per km), safety and assisted driving reliability. The Chinese media promotes NIO a lot saying that its a few notches classier and better quality than a Tesla. I disagree. If the NIO es6 was better built, has a larger supercharging network, has a larger frunk (NIO has no usable frunk btw.), rear seats that fold flat to place a full sized mattress and was cheaper than a Mofel Y, then NIO would have a chance. I don't see this happening because they're wasting too much on battery swapping and exec salaries etc. so NIO will be gone or taken over very soon. The real competition comes from BYD, Geely (Polestar etc. ), SAIC (MG etc.), GAC (Aion etc), Changan (Avatar etc.), Greatwall (Ora etc.) and a few other ambitious niche players (Xpeng, Leap Motor, Neta etc.)
Albert Fourie: There are reasons investing is a long term prospect (vs. speculation), and that buying wildly volatile stocks when they're popular is risky. I have a little NIO and a little XPEV and am just preparing to start gradually nibbling on BYDDY. But I'm willing to hold what I buy for a decade or more, and realize I could lose a lot of money buying such risky, volatile stocks, hoping for large returns over time. I think, observing many commenters on many internet articles / videos on such stocks, FAR too many "investors" are short term speculators and are NOT willing to be patient.
It's leadership that matters. What would be ideal would be a genius, engineer, visionary, with a thorough knowledge of computer technology and AI and robots, and a yen to be interplanetary, with a sincere desire and motive being the betterment of mankind. If he was also a consummate businessman willing to sleep on the factory floor, that would be good. Does anyone like that exist?
galley o: Anyone like that who acts less like a carnival barker and who doesn't frequently make ludicrous claims, especially about all things re Tesla AV's would be far better. I say this as a long term Tesla shareholder who wants Musk to focus more on Teslas core products and customers, and less on arm waving and shiny objects like Twitter.
I do think that is pretty cool vehicle! Could be used in rural areas, not in mountains or big cities IMO.. Could be a while to get the green light from Regulators.. Lots of problems just with this.
Lucid's factory expansion is going well and will quadruple the size of it's AMP factory size. The latest drone fly overs clearly show a ramp up in production. When this new factory segments start producing vehicles this should be a great catalyst for the stock. As Tesla has shown profitability only comes with high volumes. The demand is there for EVs - EV demand is exploding. Lucid has great tech - see latest Lucid tech talk on their electric motors - smaller, lighter and more powerful than the competition.
STOP with that kind of totally wishful company, they are way out of reality and its super risky to put your money in it. Tesla, BDY and maybe NIO are the ones
Martin Woods": Until Lucid manages to show credible production volumes and that they don't lose a TON of money per car, they are a VERY risky company in a VERY competitive industry. To me, Tesla or BYD look a LOT safer, and in comparison, I'd prefer NIO or XPEV if you want to swing at a risky BEV stock. BYD's flagship car performs poorly compared to the Model S plaid and costs a lot more, so your claim re performance and Lucid seems misinformed.
Lucid s price will easily be ignored by lower cost similar perfomances that exist in the world, If going slightly faster is worth 50 k more to some, they will buy it, but how many will do that when they can buy a similar performance vehicle for much less than Lucid is offering..its a company that cant source its own carpet , how about parts to its owners when needed?
They should discontinue one or two of their older models. They have 6 models for sale and are still a low-volume automaker. Their older models have had stagnant or declining sales. They should focus on the ET5, ET7, ES7, and another model that they are set to reveal in just a month and some change. Unless they are planning to refresh the exterior of their older model(s) and that ends up being shown at NIO Day. They need to focus on fewer models and get to more serious growth (50 percent YoY or greater).
Joined your fb group and gave my thoughts about Nio in my first post there. Plus : selling Xpeng shares now is essentially capitalising the loss over the last 6 months. Buying $TSLA with the recovered capital will recover that loss more reliably, for sure. My own Xpeng holding is way below the worth of a single tesla share so I’m just leaving it there.
I am not absolutely positive BUT my guess is that the financials for Chinese car companies are written in pencil. Determining whether they are making a profit or a loss on their vehicles is a difficult task at best.
Thanks for selling me your shares so cheap Viking. I'm buying shares from anyone confused that Nio's competition is Tesla. Nio's competition is Mercedes, BMW, and Audi, and no price cuts need to be made to outsell these traditional automakers. Many hundreds of thousands of units per year in the premium space in China alone You are confused about Nio as a result of poor information. Apple doesn't have a factory and does very well. You seem believe that doing what Tesla does is the recipe for success. Doing what the leader has already done is a recipe for always being a laggard. Nio just posted a record high quarter of deliveries and is planning for another record in this quarter. You should be willing to admit what a mistake you made in the next few years. If not, I'll be happy to point out how much money I've made from your mistakes.
@@Eric_Garrison Yeah he is pumping out videos without much research. I've pointed it out every single NIO video, but it doesn't seem like he reads comments. He should hire someone to do the actual research instead of putting out false information
IMO battery swapping will fail as charge times come down. Nio are too expensive, any Chinese branded car wishing to succeed in most countries except China need to be considerably cheaper, methinks at least 30%, why .. due to brand loyalty in the said country.
I sold all my XPeng stock just before the latest recession. I did not like what I saw in their financials nor what I saw in China’s “No Covid” policies causing issues with auto manufacturers. I took a small loss. I never owned NIO as the battery swap idea is a dead end causing them to have a fixed chassis design unless their swap stations were to have different pack shapes and sizes for every different chassis….which is not feasible. Therefore they are self limiting what designs they can make as the same battery packs have to fit them all. I think they will move away from battery swaps in the future and eventually close down the stations or convert them to charging stations. They need to go to a structural battery pack like Tesla has to get costs down. Perhaps NIO’s new factory will do this? I think that this may be why Tesla is investigating building a factory in Mexico. As you have said, Sam, Mexico has trade deals with most countries in the world. By building in Mexico, Tesla could sell to the same countries that they do from their Shanghai factory. Tesla may be doing this to hedge their bets if Shanghai keeps getting closed down for Covid. I heard their Disney world there was closed down yesterday. Also with the IRA ramping up battery building in the US, Tesla could import those batteries into Mexico under the NAFTA agreement and then export cars from Mexico around the world including the EU and Asian nations.
I think that NIO is misguided with the whole NIO HOUSE concept, especially outside of China. Too much money spent on FLUFF. But I love the looks of their cars and if they were in the USA, I would have to consider it.
NIO sera la deuxième entreprise automobile a faire des bénéfices après Tesla . La stratégie Nio est très bonne . Pour information , Nio a pris la direction de JAC avec 51% . L'ET5 et ET7 sortent de la nouvelle usine NIO ( Neopark) .
What will really hurt the Chinese cars will be if one of the bigger ones begins to fail or worse fails. People are already a little skittish on Chinese products, which they have fought well with quality products. However, it only takes pulling out of a market or two, or a crash, and all of them will be dragged into the muck. As far as putting all the money and time into battery swapping, well as batteries get better and better and the consumer matures, it will become less and less of a positive. Especially as volume increases and tech changes. NIO house, starts out cool, ends up shuttered and a money pit. On communication, Chinese companies are well noted for not communicating well with consumers.
Hi Sam. The Chinese EV market is the most cutthroat and competitive in the world. I believe there are too many EV manufacturers in China and some consolidation is inevitable. The EV manufacturers that will survive are the ones with greatest brand recognition and vertical integration.
You are of course correct right now, Elon/Tesla expect a recession and so they have cut prices. Xpeng and Nio do not make the number of vehicles that Tesla does; so they are already losing money trying to compete so deeper cuts will mean losing even more. Even though you are thinking Tesla will still make money; guess again; the recession will bring fewer orders for everyone and low profits or losses. If a recession comes and is a deep recession - no one will do well; some could go broke.
Sam Evans is the new Edison Yu. He’s better, stronger, knows more about NIO than everyone. Got it. I am going to drain my blood out and send it to you. Put it to good use.
BYD will continue to decimate Tesla in volume further. It will go places Tesla won't like Russia, Iran, Bangladesh, Nigeria, Ghana, Pakistan the developing countries.. Already it's entering several countries where Tesla doesn't have any presence and these countries have barely started going hybrids...
It's a marathon and NIO is just warming up. Selling electricity back to the grid seems like a good idea. NIO's sub brand is coming soon ✌️ NIO doesn't want Tesla's market share yet. 😜🤘
You say that NIO have made a loss year after year.... Well of course they have! If you really believe that a disruptive technology should make a profit early on then you are seriously misguided. Just remember this... The transition from ICE to EV is a sprint and not a marathon. If NIO were to slow down and just try to make a profit in the early years (they've only been around since 2014) then they would be sure to fail. You also don't mention the factors that have kept their sales around the 10'000 mark for the last few months, but surely you are aware of them? Covid lockdowns, chip shortage, disrupted supply chain and war in Europe. How come you don't mention that?? You also state that they are only selling around 10'000 cars a month despite having the ET7, ES7 and ET5. But they are brand new models and can't be associated with stagnant sales over the last few months! That's crazy. I think we will see a substantial rise in the sales of NIO cars over the next few months (possibly starting with the Oct sales figures due out within the next few hours) and that your portrayal is skewed and inaccurate. I suspect you know this, if not then why not? I know you like Tesla, but some impartiality would help don't you think.
He has definitely put out many negative videos about NIO. This could either be because he hasn't done any DD himself or because he sees that they are a threat and is too much of a Tesla fanboy 🤷♂️
@@Roman-re1yg i think it's because he has lost his shirt on NIO and XPENG stock and is upset he had 10x more XPENG vs NIO and NIO has been doing better.
Problem with China tech is it is mostly copied and subsidized. At any moment the government could pull the plug. Not a good investment unless your a speculator with money to burn.
Is this a stock site or car site. It’s easier to buy the stock than the car. But if you are going to talk about quality and style shouldn’t you have the car to compare or just compare the stock which you own. I could talk all day about something I’ve never owned or used but people would see right through me. I would be a phoney
Great Video Sam. I too used to own XPEV and NIO but sold both as I have been burned more times than I can remember by the Chinese equities. I have also noticed that Funds such as LIT and QCLN and many other green energy funds have dropped both NIO and XPEV recently so it seems that Fund Managers are coming to similar conclusions. I also agree Tesla is a far superior company with an excellent track record of growth and profitability unlike other EV Manufacturers.
I agree with some of the points you have made. However I differ on the summary conclusion. No one would deny that Tesla are doing well in China. They are able to drop prices by producing the same Y’s and 3’s year after year with now cheaper CATL batteries. Ford did a similar thing years ago making model A’s and T’s. Tesla like Ford before them has actually grown the entire market. Demand is high and choice is a great thing for all EV manufacturers. China produces the best EV’s and it’s also the biggest single EV market in the world. Currently however the entire world is an unhappy place. 2022 has seen an absolute overdose of political postering and bravado. Lots can and probably will happen to upset the best laid business plans. I truly do hope the good relationship continues with Elon & Xi Jinping. But I sure wouldn’t call anything out as gospel. Nobody has figured out how to make a functioning crystal ball. So nobody is qualified to predict the future either.😄
Why is it a bad idea? I've watched 3,4, and a few times 5 NIO batteries swapped at a station while across the street a Tesla owner was checking her app to see the 'juice' level.
97% of NIO's sold in Norway use BaaS. I don't know if they actually swap them out or just recharge but it seems people love not paying for batteries upfront and always having a guaranteed battery quality. Maybe Norway is an outlier because of winter temperate but we will find out about another part of the EU in ~6 months.
TESLA = TOYOTA , NIO and Xpeng = AUDI, Mercedes and BYD. Totally segment of the Market. Do Not compare Apples with Oranges. Tesla coming up with Model 1 which is the MASS EV product to compete with FORD, GM and Toyota. NIO has NIO houses with provide Club house facilities, Etc . That itself is a PREMIUM product. Prefer NIO over TESLA ... any time. And I can afford it. Totally different Segment.
Didn't occur to me that despite big number of car manufaturers, not many of them can produce at scale and with advanced technology and manufacturing like Tesla and BYD.
even cathie wood tesla bull said china will choose chinese brands..its just that competition is heating up and the moat is starting to get smaller for all players involved..while byd is eating alot of ppl s lunches
It is clear that you are a big fan of Tesla. However, your explanation of the reason and impact of Tesla's lowering of the prices is probably wrong. The fact is thay Tesla is facing big competition in china and is forced to lower the prices. If it were not because of political reasons, Tesla would be facing the same competitions everywhere including in the USA. We will see that clearer soon. Also, all chinese stocks have been under the attack after the 20th CPC party congress as part of the financial war against China. How much does the recent stock price decrease mean in your analysis?
If nio can start 50 percent growth in 2023 over 2022 I will hold for long run I would hope china vaccines come out early next year to stop lock downs??
Bigger is not better; the vast majority of the population has limited space for parking and so on. I would never buy an 5 m car, I do not live on a farm with unlimited parking space... Get these monstrous big cars in a city...in a parking shop... I bet you will get the first mark in the first week !!!
Tesla has enough margin to undercut the competition in many markets around the world if they have to. That has to be making all the legacy automakers nervous.
I agree that price is important when buying a new EV, but style also plays a role. Nio has som seriously good looking cars, nicer than Tesla in my opinion. Tesla has the edge right now, but they will not dominate forever.
I agree. Tesla looks dated exterior styling. Viking is so deeply invested, would never admit. Nio looks so fresh, so modern. It has a cult following and considered more premium then Tesla because objectively price wise it IS. Also Chinese govt has subsidized cars with swappable batteries and CATL is joining with other local brands. This means China will help it's own companies probably long term as it knows no other country brands are doing so. Also Nio intends to introduce a volume brand that could be reason to aim for top5 by 2030.
@@ciybersal9833 I haven't, but have you looked at the Coefficient of Drag for these designs? I'll take old and dated without complaint if it equates to better range due to aerodynamics.
@@thanksforyouruploads They did not "only" reduce cost but reduce complexity in their FSD. And no there will be no aditional sensors. No Radar, no Lidar, No IR, no ultrasonic. I personally would love Lidar on all 4 corners blinding everybody with my grandness and one flying above the car shooting all those nasty attacking pigeons, but i'm not Elon...
NIO is far from bankrupt. They have 8 billion dollars and that’s enough to last 20 quarters at the current burn rate. NEO park just came online and that factory alone will produce 10k ET5 EV per month by December
Nio and Xpeng stock price currently, do you guys really believe that it will stay there regardless of which exchange. US auditors have completed first successful visit to China and are happy so far with information access and will be reporting in January about it I believe. Now what will happen as we get out of recession 2023, and what happens if those US auditors do indeed report a complete and successful 1st audit? Booom! is what will happen, face ripping rally. My thoughts re stock....re company yes Nio and Xpeng have seperate challenges ahead, Xpeng more so imo, but I do believe Chinese ev companies expansion, and world leading production and sales will not do anything but grow. I do agree with Sam though Nio needs to cut down on models, too many. Take top 3 and focus on that and will be way more profitable faster. Xpeng went through entire overhaul in management and need to find themselves again as BYD being their direct competitor is eating their lunch as we speak..and Tesla s may I add as well. BYD is a global beast everybody in car industry should be concerned about..Im an investor in all 3 companies and those are my thoughts
you have said all along that you did not care about the stock prices of these Chinese cars, and that you barely looked at them. you declared that they are five year investments, not short term trades. Boy did you take a hit along with everyone else believing in you and these cars. It is probably time for you to get back on you bike! you have overlooked the element that Tesla's competitors look 2x as good as the cookie cutter 3 and Y. anyway, thanks for finally chiming in on stock price issues.
Dump Nio! Battery-swapping will soon be outmoded by quicker-charging competitors. And, at this point, ALL Chinese companies are iffy investments, with Xi's economy teeetering. I love Xpeng's vehicles, but who wants his investment money subject to Xi's moods?
I still feel that NIO is the car brand to represent CHINA Worldwide , they would do everything in order to be successful
From a Chinese, not really. NIO is fine only for that entry-mid level middle-class market. Their business model is stretching too thin which means there's a long way to go before they make a profit. They don't have their own car chips, batteries, or even their own factories technically speaking, which means if tomorrow the US deep state decides to sanction Chinese cars, companies like NIO and Xpengs are pretty much done for.
BYD, GWM, Geely, and tons of others on the other hand won't be affected at all besides maybe not being able to sell their cars in the US and a few of its lackeys because they are almost 0% reliant on US technologies, so these are way better representations if there is one.
I agree with you.
I agree too.
I am still very skeptical, how they are going to run a car-company with all these different models, in that higher price-range. I am looking at Polestar and Tesla and it is not a difficult decision according to me. But I like the design a lot. Cheers from Italy!
Look at Nio's balance sheet. They have approximately 8 billion dollars in cash. Currently the way they are burning cash, that will last them until 2025. They are expecting to be profitable next year. Wait for Neo park to be complete and sales start ramping up.
Well NIOhave cash for 15-20 quarters, this is not 2025 . maybe 2027. until 2027 they will be profitable and could raise cash if needed in 2 years when sales will be 300-500k a year
I don't think the viking really did his research on NIO.
What happen when Nio will be delisted in the US
@@mannyv.3171 Even if they are delisted they are still on the Singapore and Chinese exchanges. They cannot Stop Nio from expanding.
@@mannyv.3171 at 10 dollars a share or less you really think Nio even if delisted despite successful 1st time US auditors visit in China, that they ll be what less than 10 or 9 dollars per share whether NYSE or other exchanges??? ask yourself that instead of swallowing US electric vehicle and China fud
Once NIO is producing 25k vehicles per month they will break even. They should be producing around 30k vehicles per month sometime in 2023
Bjorn tested a Nio ES8 and he compared it to the "Fat Audi E-tron" in terms of luxury, fit and finish. As an owner of a Tesla he said the Nio was much more luxurious and offered more features than the Tesla. That being said he also stated Tesla still has the best software and better efficiency. Nio's problem is scale, they need to scale up in order to change their financials. If it weren't for support from the Chinese government they would have already went under. I still like Nio cars though and I am an early investor in them.
Sam, the ET5 comes from Neo park, which is not ran by JAC.
Sam is a Tesla puppet , He is the one smoking the stuff. No idea what he talking about.
Tesla Viking does it again.
I agree NIO needs to FOCUS on Cars instead of all this auxiliary stuff....but give them a little breathing room when it comes to expanding overseas. ...I think NIO will do well in that space...the car is well made and looks wonderful
It is the battery Swapp Technic that makes the succes. RoRo Battery Swap. SwapNGo NIO Fast and Furious.
Look, Nio has " Nio Park " factory. Nio has other ventures including " clothes merchandise ". Selling a " Nio Sweatshirt " in a mall in downtown Shanghai is not going to interfere with an electric vehicle getting built at Nio Park.
A few things I disagree with you. The question you didn't address is "why Tesla had to cut prices before the ET5 started deliveries?" Obviously, Tesla is losing market share in China, and they had to cut prices to be competitive, as Chinese people knows the gap in quality between NIO and Tesla. William Li never had bashed Tesla but praised their success, he had said that Tesla will lose share if they don't improve their customer service, besides, Li has said many times, NIO is focused on the premium segment, and Tesla isn't there.
fun fact, NIO would survive 5 more years just with the money in the bank, and by then, for sure they will be profitable.
overall, good intention of the video, but lack of facts in the analysis
That is the main risk of buying an EV that is not Tesla or BYD, because besides this ones we dont know who will be around for updates or service 5 years from now.
@@thanksforyouruploads I m not talking the quality of the software, I'm questing who will be around 5 years from now, and one thing for sure, a lot of EVs companies that exist now will be gone five years from now, including legacy automakers.
I think Chinese govt will continue to subsidize cars over 300,000RMB with swappable batteries as it's only locals who do that Nio and CATL now joining local brands. This would help them over long term. Also Nio upcoming volume brand would benefit from this. I don't see why Nio as a company cannot chunk out 700,000 cars by 2030, Deutsche Bank analyst is bullish and Nio has a cult which helps.
@@ciybersal9833 When Ford started de production of model T more than 100 years ago, immediately more than 50 companies were born in US making cars as well, most of them were gone five years later, only Ford and a very few others survived, the same will happen now with all this new EVs companies.
Agreed!
@@ciybersal9833 with NIO's factory 1 & 2 potential production is around 500,000+ so that is possible by end of 2023. Then before 2030 there will be 2 sub-brands from NIO competing in lower priced markets with higher volume but lower profits.
One interesting thing is how Tesla has designed and styled their vehicles to not seem dated. They are the right balance of edgy and sleek that has held up greatly, and even gotten better the more you see them since 3 was rolled out about 4 yrs ago, and the y 2 years ago
Many don't go for Tesla because they have dated exterior. 200k pre orders of Nio ET5 many potential Tesla customers...
@@ciybersal9833 You’re doing it wrong. You’re focusing on Tesla somehow being hurt by NIO, when in reality, it’s ICE vehicle manufacturers that are being hurt by far. Tesla sells every vehicle that they can make. They are the most profitable high-volume automaker on earth. Only Tesla makes a profit from (exclusively) selling BEVs. BYD makes a profit, but they also sell plug-in hybrids. NIO is far from being profitable. Once they become profitable(if they ever do), that is when they can be more seriously compared to Tesla.
The front view reminds me of the later version of the VW Type 3. That was also a style that didn't date quickly.
Robert T: Appearance is PURELY subjective. There are LOTS of different BEV looks and customers will have LOTS of choices by mid-decade if exterior (or interior) looks are highly important to them .
To me, the interior of cars is more important re looks and comfort, as I spend 99% of my time near the car IN the car, for any car I own.
We'll see where looks get Tesla when the Cybertruck comes out. Hopefully things like power and durability and cost and range and practicality are more important to buyers over time than looks, or I shouldn't be a Tesla long term shareholder, IMO.
Oh, and customer service re repairs. I'd REALLY like Tesla to do a LOT of work in that area re scaling up service capacity more as they build more and more cars. Not having a service center in my state is a huge red flag to me, re ever buying a Tesla, for example.
@@waynelewis9110: Just because BYD also makes PHEV's, doesn't mean their impressive growth and growing profits in BEV's should be dismissed out of hand.
To me, BYD and Tesla are the kings of the BEV makers, until proven otherwise -- based on scaling and profits and already being at serious volumes. (Several BEV makers are scaling rapidly -- but how many will reach break-even in time?)
Did you know Tesla was burning more then 600 million dollars per quarter when they only producers 30k vehicles per quarter. NIO is spending 400 million per quarter while delivering the same amount of vehicles and expanding throughout Europe. So stop bashing NIO about their spending
Isn't it really a production issue, rather than a demand issue? Xpeng and Nio just dont manufacture enough vehicles. Surley they have an ordering backlog both of them?
If that was the case they would be selling at a higher price and making a profit
@@richardvivian3665 that is not what I am saying. I am just stating that at current price I don't think there is a demand issue
@@richardvivian3665 why wd customer buy at a higher price?
Yes China s covid policy has put on a real hamper on sourcing parts and production
My guy, you're losing it just like Marry Barra 🤣
NIO makes 10k cars a month at 68k USD. Xpeng sells 10k a month at 35k. I think your emotions are showing over all the money you've lose over the last year. Don't worry fella. We're all in the same boat.
What he said
Viking Berserker pumping out the videos like a mad man😁. Thanks.
Always
Talking about CEOs losing their marbles, don't forget to put Elon at the front of that list.
I agree, Elon is the richest man in the world and he’s hardest working CEO on this planet. Running five companies is crazy. That is a definition of losing his marble.
You're right about the majority part of not able to cut prices.
But you should look at byds q3 earnings, they're making 22% gross margin, which is just 6% short of Tesla's (before they lowered the prices)
I am going to strongly disagree with you on William Li, the man is brilliant and has a vision. He made a game plan and sticking to it, battery swap is the way to do it. Does Apple make all their products... no if you watch the news you would see Foxconn produces for them. Saying the CEO is 'smoking something' is out there. I love the brand, I own the stock and will continue to do so. You do you. $NIO
When batteries are expensive and in short supply the least hoo idea is holding 2 to 4 packs per car plus the cost of maintaining the swap stations. It’s an idea that SF kinds great until you add up the overhead costs.
@@Dave5843-d9m These batteries add up to a power station and can feed back to the grid. Charge the batteries when the electricity is cheaper, and sell it back when it's required. I like the fact that as battery tech improves you can upgrade. $NIO
Tesla cars are 3 years old . it's normal to cut price of old cars. Nio will eat them next year
@@andirozen8784 Valid point, if it wasn't for these awesome Chinese brands TESLA would likely be raising their prices. $NIO
Aloha Sam! You're comparing a company founded in 2003 (Tesla) with one founded in 2014 (NIO), so your harping on NIO's lack of profitability is absurd! It took Tesla 18 yrs to have a full-year profit. Your point about NIO having too many things going on is valid, however. Also, NIO has many partnerships and subsidiaries where costs for charging-piles and swap-stations are not born by NIO alone. Love your vlog, but I expect better. Aloha!
Yes! Exactly. This is amateurish from the Viking.
If it wasn't for awesome brands like NIO, it's extremely likely TESLA would only be raising their prices. $NIO
Did you not notice that xpung are still cheaper and tesla just lowered their price enough to get the subsidy.
Sold and traded all my NIO stock to expand my Tesla shares.
I'm 100% in TSLA loooooong term 😎
smart, buy high sell low
Never understood the "NIO will fail because it doesn't have its own factory" argument. Apple doesn't either and it's not complaining. Comparing Tesla to NIO is pointless - NIO is a premium brand, Tesla is basically a severely overpriced mid-level car. Their customer service is infamously terrible and they deliver cars without brakes. NIO, from what I've gathered, offers unparalleled customer service, flexibility (if your battery is damages, you just swap it out for no charge under the batter as service plan, as opposed to having to fork out 25k dollars or sth with Tesla). NIO doesn't have to cut the prices because it isn't even in the same segment as Tesla. Also, as for your fear that NIO is spending too much on expansion - they have 8 billion dollars of free cash now, they spent around 200 million on the European expansion so far - pocket change compared to their reserves. It will be a while before they go bankrupt. When they ramp up production, which they are doing now, they will break even
Lol. I guess that’s why Tesla is destroying NIO in China. Because Tesla’s are over priced junk. Lol
Totaly Agree. NIO is different System. Battery Swapp Technic. NIO EV is the future, Roll on Roll off Battery Swapp. Car Battery Separation. Never Battery Problems and no Charge Time. NIO Fast and Furious.
Nio is worse than tesla. Tesla is an american brand. Nio is from china 😂
Its like apple vs xiaomi
@@elon6784 All Tesla in EU made in China. China Battery Technic China Workforce. I boycot USA. I Support China. Only the name is Tesla, the rest Made in China.
True. First principles of scale economies (mass production of EVs) will be the key to success. Manufacturing EV cars seems to be as difficult as making ICE cars. Remember, in the las 100 years only Ford and Tesla didn't went bankruptcy in USA. Same history for EV makers ? Will see
Nice to hear about Chinese EV and compare to TSLA.
Not many YTber do this. Great. Thank you.
they will, it will take a while. I would guess in 2-3 years that BYD and NIO, XPENG, etc. bunch of chinese eve brand coming to the world.
Hey Sam. Always enjoy the technical analysis and gut take on things. I would however, if I were you, back away from recommending or advocating any stock position. Your track record, as I see it, is abysmal. Plus, you just don't need that aspect in your vids,. Most of us are totally happy with the tech content.
Cheers
After further research NIO is building its ET-5 in its own factory. Do your homework…its important you get your facts corrects.
This is too funny 💪 LOVE IT ❗
Hi Sam, greetings from the UK. Your analysis on this is excellent. I do hope that Nio and Xpeng can survive this, the world needs every EV it can get if we are to transition away from fossil fuel based transport. Much as I admire Tesla, and I hold their stock, we can't all drive a Tesla! The market needs effective competition to drive innovation and reduce costs. Besides, both Nio and Xpeng have designed some very desirable passenger vehicles - if only Tesla's were this stylish.
I’d really like to see Munro break down a NIO and an XPeng so we can get an idea of the tech they are using in their drivetrains, electronics, etc. That would give a better comparison between brands and insight as to scalability in production.
Depending on how these cars are designed, they may be impossibly expensive to scale up in production. In other words there may be too many manual steps in building them, limiting how many can be produced in a day. Munroe has said this about Rivian (and he owns one of their trucks personally). Munroe and Associates is now working with Rivian to help them redesign their vehicles so that they can be produced faster and more cheaply. Until that is done Rivian has a hard limit as to how many they can build each day.
I wonder whether NIO and XPeng may have similar issues and this may be why they have so many models and separate lines for those models.
Simon: "Style" is in the eye of the beholder. Teslas are not gaudied up with unnnecessary fins, scoops, chrome this- and- that--- the designer, Franz Von Holzhausen, didn't want anything to detract from his mission to create the most aerodynamic vehicle he could-- thus the minimalist, flowing lines, no anacronistic grille, and no door handles to interrupt the flow of air.
The Tesla Cybertruck is ugly in some people's eyes, but many of us saw the purpose of its design-- to be nearly indestructible, corrosion- proof, and aerodynamic. The more I thought of its mission, the more beautiful it was to me.
All Teslas are beautiful in my eye.
Tesla has not updated much hardware and software on their cars. To me they are kind of boring. The hardware and software seems so much better on the P5 and G9. NIO makes good cars but their over head costs seem so high. I would love to be able to purchase the Xpeng G9. I have BYD stock and hope it rebounds.
Nio and xiaopeng are still losing money and they are still losing lots of money so they might not survive. The survivors are going to be BYD and Tesla
US capital is selling out chinese companies' stocks
Making battery swap first and car factory for scale up makes more sense. If I were to buy an electric car? I`d think where can I charge or swap batteries conveniently once I own a car. NIO on right path to new heights.
NIO is producing its ET5 at NEO park which is partially open. It will be fully open by the end of this year. Capable of producing 1 million cars a year. It is partnered with the city of Hefei. The JAC-NEO facility is producing the remaining cars and is capable of producing 300,000 cars a year with a second shift.. NEO is burning cash for new cars but they are also bringing in cash from other sources besides selling cars. They presently have over 8 billion US dollars in the bank so they are far from going bankrupt. They will have a sub brand fo sell mass market soon. The ET5 and EL7 just recently started delivering. They are growing fast and will be delivering record deliveries each month. Their battery swapping tech. is getting cheaper and more massive as they grow. Estimated to be 4000 swap stations by 2025. NIO owners do not have to worry about battery degradation, able to swap to newer batteries as technology improves. NIO plans to be in 25 countries by 2025 including the USA.
Thanks for this analysis, Sam. I was considering adding to XPEV to lower my stock average but will halt that until we here from the company. I still think there is merit to the fact that they predicted 300,000 deliveries. Unless that CEO is delusional too haha. Tells me its simply a production issue?
I will however continue add to my BYD investment.
Pls how do I buy byd on robinhood. Am new to stocks
@@stbarnabas3138: Symbols are BYDDY (ADR) and BYDDF (H Shares) for BYD auto. I don't have Robinhood, but would expect you to be able to buy BYDDY at any competent US broker, but at my discount brokers it is not a marginable stock, so cash only. If unsure when you look on Robinhood, you should contact them and ASK.
BYD is down recently with much of the rest of BEV makers. Part of that might well be on concerns about Chairman Xi's aggressive policies re Chinese businesses and associated risks to Chinese stocks.
I think BYD is promising over the long run, re the way only they and Tesla are SERIOUSLY ramping BEV production, BUT you should know what you're doing AND be ready to hold for the LONG term, given the volatility and risks attendant in Chinese stocks. I'm buying a LITTLE on weakness, and willing to hold until 2030 or longer, and understand I might lose my money invested in BYD.
I'm just an ordinary (experienced) retail investor and this is NOT investment advice, just my opinion re me trying to help you on your question.
Thanks, always enjoyed your channel. Perhaps the elephant in the room is the rationale for the undercutting... a concern for BYD? or a concern for NIO? or is it something else like overproduction? Somehow from the timing of the cut, it sounded like the middle could be a possible reason. Ultimately, Tesla probably has a better grip of the marketing and sales channels versus most of us.
awesome video, ty.
Glad you enjoyed it
ET5 has literally 200k+ pre orders, a lot of M3 owner/ppl who wanted to buy, decided to go for NIO ET5
Spot on. Viking doesn't talk of it. Or Nio upcoming volume brand, reason to make into top5 by 2030.
You don’t know that. Many of the buyers likely had or were in the market for ICE vehicles. Remember, China’s vehicle market is still largely an ICE/Hybrid-dominated market, not BEV. Tesla is still selling every single vehicle that they can make and is growing faster than any automaker, including NIO.
Tesla is reducing price to sell the same number, which means they've reached their demand cap in China and have to lower margins to in order to maintain the same production numbers.
Battery swap only works in China.. A huge liability elsewhere.. The swap stations all need a human to assist the process, what a joke..
Sam. I agree with you about these two Chinese stocks but also I would add BYD
too much is unstable in China right now with the real estate market and other issues and I just don’t like the government months so I’m out
I’m all in on Tesla. Sold all of my BYD, NIO and Xpeng months ago and put it all on Tesla
Thanks Sam
No worries!
Go all in on Tesla bro.
Tesla prices in NZ have not changed & NZ supply comes exclusively from Shanghai, Im told. If prices do drop, a plad just may go on the "definatly possible" list.
99.8 K subs. Maybe this week. Good on you Sam.
All in on Tesla
We need that kind of competition in the US, so Tesla's cutting prices instead of raising them.
China's EV's are catching with Tesla really quick....but still not quite there. Although in China, Tesla's are considered very basic in comfort, style and infotainment, - they are way ahead in the charging infrastructure, energy efficiency (low kw/h per km), safety and assisted driving reliability. The Chinese media promotes NIO a lot saying that its a few notches classier and better quality than a Tesla. I disagree. If the NIO es6 was better built, has a larger supercharging network, has a larger frunk (NIO has no usable frunk btw.), rear seats that fold flat to place a full sized mattress and was cheaper than a Mofel Y, then NIO would have a chance. I don't see this happening because they're wasting too much on battery swapping and exec salaries etc. so NIO will be gone or taken over very soon. The real competition comes from BYD, Geely (Polestar etc. ), SAIC (MG etc.), GAC (Aion etc), Changan (Avatar etc.), Greatwall (Ora etc.) and a few other ambitious niche players (Xpeng, Leap Motor, Neta etc.)
More incorrect news by you, NIO recently announced that they are discontinuing some of their older models. Get your facts correct.
I never invest in Chinese stocks because you don’t fully own the stock. It’s through a third party.
So, what did you decide to do with your NIO stock?? I bought at $22 and now more or less "stuck"!!
Albert Fourie: There are reasons investing is a long term prospect (vs. speculation), and that buying wildly volatile stocks when they're popular is risky.
I have a little NIO and a little XPEV and am just preparing to start gradually nibbling on BYDDY. But I'm willing to hold what I buy for a decade or more, and realize I could lose a lot of money buying such risky, volatile stocks, hoping for large returns over time.
I think, observing many commenters on many internet articles / videos on such stocks, FAR too many "investors" are short term speculators and are NOT willing to be patient.
@@rogergeyer9851 what do you consider holding a little stock shares?
I have 40 shares each to hold for the long term!
I bought my XPEV at 13 USD. Will hold on to them. Maybe I will buy some more now in the big sale.
Yes very true. NIO will move to platform 2 vehicles only I hope. There is talk that older platform 1 vehicles won't be produced anymore.
Nio obviously choose to use another company to build their cars because they lacked the ability. The next phase is to upscale production? Will see
It's leadership that matters. What would be ideal would be a genius, engineer, visionary, with a thorough knowledge of computer technology and AI and robots, and a yen to be interplanetary, with a sincere desire and motive being the betterment of mankind. If he was also a consummate businessman willing to sleep on the factory floor, that would be good. Does anyone like that exist?
galley o: Anyone like that who acts less like a carnival barker and who doesn't frequently make ludicrous claims, especially about all things re Tesla AV's would be far better. I say this as a long term Tesla shareholder who wants Musk to focus more on Teslas core products and customers, and less on arm waving and shiny objects like Twitter.
This quarter is going to be insane. Just my opinion, but BTFD
XPeng has a FLYING car! How cool is that?
I do think that is pretty cool vehicle! Could be used in rural areas, not in mountains or big cities IMO.. Could be a while to get the green light from Regulators.. Lots of problems just with this.
Lucid's factory expansion is going well and will quadruple the size of it's AMP factory size. The latest drone fly overs clearly show a ramp up in production. When this new factory segments start producing vehicles this should be a great catalyst for the stock. As Tesla has shown profitability only comes with high volumes. The demand is there for EVs - EV demand is exploding. Lucid has great tech - see latest Lucid tech talk on their electric motors - smaller, lighter and more powerful than the competition.
STOP with that kind of totally wishful company, they are way out of reality and its super risky to put your money in it. Tesla, BDY and maybe NIO are the ones
Martin Woods": Until Lucid manages to show credible production volumes and that they don't lose a TON of money per car, they are a VERY risky company in a VERY competitive industry. To me, Tesla or BYD look a LOT safer, and in comparison, I'd prefer NIO or XPEV if you want to swing at a risky BEV stock.
BYD's flagship car performs poorly compared to the Model S plaid and costs a lot more, so your claim re performance and Lucid seems misinformed.
Lucid s price will easily be ignored by lower cost similar perfomances that exist in the world, If going slightly faster is worth 50 k more to some, they will buy it, but how many will do that when they can buy a similar performance vehicle for much less than Lucid is offering..its a company that cant source its own carpet , how about parts to its owners when needed?
Didn't Nio discontinue some of their models?
NT1.0 Platform cars will be upgraded to NT2.0, models stay
They should discontinue one or two of their older models. They have 6 models for sale and are still a low-volume automaker. Their older models have had stagnant or declining sales. They should focus on the ET5, ET7, ES7, and another model that they are set to reveal in just a month and some change. Unless they are planning to refresh the exterior of their older model(s) and that ends up being shown at NIO Day. They need to focus on fewer models and get to more serious growth (50 percent YoY or greater).
Joined your fb group and gave my thoughts about Nio in my first post there. Plus : selling Xpeng shares now is essentially capitalising the loss over the last 6 months. Buying $TSLA with the recovered capital will recover that loss more reliably, for sure. My own Xpeng holding is way below the worth of a single tesla share so I’m just leaving it there.
You must have sold at a big loss unless you purchased before August 2020.
I am not absolutely positive BUT my guess is that the financials for Chinese car companies are written in pencil. Determining whether they are making a profit or a loss on their vehicles is a difficult task at best.
VG analysis - painful for us NIO shareholders - gotta agree re CEO.
Thanks for selling me your shares so cheap Viking. I'm buying shares from anyone confused that Nio's competition is Tesla. Nio's competition is Mercedes, BMW, and Audi, and no price cuts need to be made to outsell these traditional automakers. Many hundreds of thousands of units per year in the premium space in China alone You are confused about Nio as a result of poor information. Apple doesn't have a factory and does very well. You seem believe that doing what Tesla does is the recipe for success. Doing what the leader has already done is a recipe for always being a laggard. Nio just posted a record high quarter of deliveries and is planning for another record in this quarter. You should be willing to admit what a mistake you made in the next few years. If not, I'll be happy to point out how much money I've made from your mistakes.
Sold my BYD stock , holding on to Tesla, Sold my NIO quite a while ago
Nios service isn’t just NIO house 😂 NIO house isn’t even NIO service actually cmon man
The anti Nio talk is insane from this guy lol. False information and things taken out of context every single video from him
@@rune54321 he obviously doesn’t have time to put into researching anything, he cranks out so much content every day .
@@Eric_Garrison Yeah he is pumping out videos without much research. I've pointed it out every single NIO video, but it doesn't seem like he reads comments. He should hire someone to do the actual research instead of putting out false information
@@rune54321 too easy to make more videos and therefore more money when you put in no effort … most people don’t know the difference anyway
@@Eric_Garrison Haha you're right. There's a lot of yes men in the comment section on his videos that think all the info is correct
IMO battery swapping will fail as charge times come down. Nio are too expensive, any Chinese branded car wishing to succeed in most countries except China need to be considerably cheaper, methinks at least 30%, why .. due to brand loyalty in the said country.
I sold all my XPeng stock just before the latest recession. I did not like what I saw in their financials nor what I saw in China’s “No Covid” policies causing issues with auto manufacturers. I took a small loss. I never owned NIO as the battery swap idea is a dead end causing them to have a fixed chassis design unless their swap stations were to have different pack shapes and sizes for every different chassis….which is not feasible. Therefore they are self limiting what designs they can make as the same battery packs have to fit them all. I think they will move away from battery swaps in the future and eventually close down the stations or convert them to charging stations. They need to go to a structural battery pack like Tesla has to get costs down. Perhaps NIO’s new factory will do this?
I think that this may be why Tesla is investigating building a factory in Mexico. As you have said, Sam, Mexico has trade deals with most countries in the world. By building in Mexico, Tesla could sell to the same countries that they do from their Shanghai factory. Tesla may be doing this to hedge their bets if Shanghai keeps getting closed down for Covid. I heard their Disney world there was closed down yesterday. Also with the IRA ramping up battery building in the US, Tesla could import those batteries into Mexico under the NAFTA agreement and then export cars from Mexico around the world including the EU and Asian nations.
I think that NIO is misguided with the whole NIO HOUSE concept, especially outside of China. Too much money spent on FLUFF. But I love the looks of their cars and if they were in the USA, I would have to consider it.
NIO sera la deuxième entreprise automobile a faire des bénéfices après Tesla . La stratégie Nio est très bonne .
Pour information , Nio a pris la direction de JAC avec 51% .
L'ET5 et ET7 sortent de la nouvelle usine NIO ( Neopark) .
What will really hurt the Chinese cars will be if one of the bigger ones begins to fail or worse fails. People are already a little skittish on Chinese products, which they have fought well with quality products. However, it only takes pulling out of a market or two, or a crash, and all of them will be dragged into the muck. As far as putting all the money and time into battery swapping, well as batteries get better and better and the consumer matures, it will become less and less of a positive. Especially as volume increases and tech changes. NIO house, starts out cool, ends up shuttered and a money pit. On communication, Chinese companies are well noted for not communicating well with consumers.
THANK YOU
NIOs Catastrophic blunder in German kickoff should have been led to Li being removed from his post as CEO
Hi Sam.
The Chinese EV market is the most cutthroat and competitive in the world.
I believe there are too many EV manufacturers in China and some consolidation is inevitable.
The EV manufacturers that will survive are the ones with greatest brand recognition and vertical integration.
Pls make a video on Indian electric car market future 🙏🙏🙏🙏🙏
NIO only produces ET5 in NEO Park, so the viking is wrong. NIO also has enough cash to survive for many years.
You are of course correct right now, Elon/Tesla expect a recession and so they have cut prices. Xpeng and Nio do not make the number of vehicles that Tesla does; so they are already losing money trying to compete so deeper cuts will mean losing even more. Even though you are thinking Tesla will still make money; guess again; the recession will bring fewer orders for everyone and low profits or losses. If a recession comes and is a deep recession - no one will do well; some could go broke.
Sam Evans is the new Edison Yu. He’s better, stronger, knows more about NIO than everyone. Got it. I am going to drain my blood out and send it to you. Put it to good use.
What about BYD? If Tesla is doing so well in China why are the sales down? BYD is the real challenger, top selling profitable EV maker.
BYD will continue to decimate Tesla in volume further. It will go places Tesla won't like Russia, Iran, Bangladesh, Nigeria, Ghana, Pakistan the developing countries.. Already it's entering several countries where Tesla doesn't have any presence and these countries have barely started going hybrids...
One more thing NIO extended the government rebate to the end of the year. Only an order needed not delivery 🤫
It's a marathon and NIO is just warming up. Selling electricity back to the grid seems like a good idea. NIO's sub brand is coming soon ✌️ NIO doesn't want Tesla's market share yet. 😜🤘
You say that NIO have made a loss year after year.... Well of course they have! If you really believe that a disruptive technology should make a profit early on then you are seriously misguided. Just remember this... The transition from ICE to EV is a sprint and not a marathon. If NIO were to slow down and just try to make a profit in the early years (they've only been around since 2014) then they would be sure to fail. You also don't mention the factors that have kept their sales around the 10'000 mark for the last few months, but surely you are aware of them? Covid lockdowns, chip shortage, disrupted supply chain and war in Europe. How come you don't mention that?? You also state that they are only selling around 10'000 cars a month despite having the ET7, ES7 and ET5. But they are brand new models and can't be associated with stagnant sales over the last few months! That's crazy. I think we will see a substantial rise in the sales of NIO cars over the next few months (possibly starting with the Oct sales figures due out within the next few hours) and that your portrayal is skewed and inaccurate. I suspect you know this, if not then why not? I know you like Tesla, but some impartiality would help don't you think.
nio is ccp trash
He has definitely put out many negative videos about NIO. This could either be because he hasn't done any DD himself or because he sees that they are a threat and is too much of a Tesla fanboy 🤷♂️
@@Roman-re1yg i think it's because he has lost his shirt on NIO and XPENG stock and is upset he had 10x more XPENG vs NIO and NIO has been doing better.
Problem with China tech is it is mostly copied and subsidized. At any moment the government could pull the plug. Not a good investment unless your a speculator with money to burn.
Well said, NIO is amazing and so is the CEO. William Li is a genius, easily NIO will be Top 3 auto-maker, patience will pay. $NIO
Is this a stock site or car site. It’s easier to buy the stock than the car. But if you are going to talk about quality and style shouldn’t you have the car to compare or just compare the stock which you own. I could talk all day about something I’ve never owned or used but people would see right through me. I would be a phoney
Reference the article that Bloomberg put out today ✌️
NIO jus bought stake in a lithium mine in the land down under with the option to buy more at a set price ✌️
Great Video Sam. I too used to own XPEV and NIO but sold both as I have been burned more times than I can remember by the Chinese equities. I have also noticed that Funds such as LIT and QCLN and many other green energy funds have dropped both NIO and XPEV recently so it seems that Fund Managers are coming to similar conclusions. I also agree Tesla is a far superior company with an excellent track record of growth and profitability unlike other EV Manufacturers.
A Tamagotchi on your dashboard could only be seen as a meaningful feature in Asain
I agree with some of the points you have made.
However I differ on the summary conclusion.
No one would deny that Tesla are doing well in China.
They are able to drop prices by producing the same Y’s and 3’s year after year with now cheaper CATL batteries.
Ford did a similar thing years ago making model A’s and T’s.
Tesla like Ford before them has actually grown the entire market.
Demand is high and choice is a great thing for all EV manufacturers.
China produces the best EV’s and it’s also the biggest single EV market in the world.
Currently however the entire world is an unhappy place.
2022 has seen an absolute overdose of political postering and bravado.
Lots can and probably will happen to upset the best laid business plans.
I truly do hope the good relationship continues with Elon & Xi Jinping.
But I sure wouldn’t call anything out as gospel.
Nobody has figured out how to make a functioning crystal ball.
So nobody is qualified to predict the future either.😄
Battery swapping in passenger cars is a bad idea. It will probably be used with great benefit in trucks.
Why is it a bad idea? I've watched 3,4, and a few times 5 NIO batteries swapped at a station while across the street a Tesla owner was checking her app to see the 'juice' level.
some may have to own a NIO to understand this swapping concept.
97% of NIO's sold in Norway use BaaS. I don't know if they actually swap them out or just recharge but it seems people love not paying for batteries upfront and always having a guaranteed battery quality. Maybe Norway is an outlier because of winter temperate but we will find out about another part of the EU in ~6 months.
The geopolitics of China ramping up faster than the West are terrifying.
6 weeks ago you said 16 dollar was a bargain price in your opinion,
TESLA = TOYOTA , NIO and Xpeng = AUDI, Mercedes and BYD. Totally segment of the Market. Do Not compare Apples with Oranges. Tesla coming up with Model 1 which is the MASS EV product to compete with FORD, GM and Toyota. NIO has NIO houses with provide Club house facilities, Etc . That itself is a PREMIUM product. Prefer NIO over TESLA ... any time. And I can afford it. Totally different Segment.
I agree Nio is most premium.
BYD will become Toyota as it goes places Tesla doesn't i.e developing world...
Toyota bankrupt before 2030
Didn't occur to me that despite big number of car manufaturers, not many of them can produce at scale and with advanced technology and manufacturing like Tesla and BYD.
even cathie wood tesla bull said china will choose chinese brands..its just that competition is heating up and the moat is starting to get smaller for all players involved..while byd is eating alot of ppl s lunches
It is clear that you are a big fan of Tesla. However, your explanation of the reason and impact of Tesla's lowering of the prices is probably wrong. The fact is thay Tesla is facing big competition in china and is forced to lower the prices. If it were not because of political reasons, Tesla would be facing the same competitions everywhere including in the USA. We will see that clearer soon. Also, all chinese stocks have been under the attack after the 20th CPC party congress as part of the financial war against China. How much does the recent stock price decrease mean in your analysis?
Battery swapping. IF the constraint is just having enough batteries, swapping is not a good business plan.
If nio can start 50 percent growth in 2023 over 2022 I will hold for long run I would hope china vaccines come out early next year to stop lock downs??
Bigger is not better; the vast majority of the population has limited space for parking and so on. I would never buy an 5 m car, I do not live on a farm with unlimited parking space... Get these monstrous big cars in a city...in a parking shop... I bet you will get the first mark in the first week !!!
Xpeng stock in Hong kong now is up 24 percent. 11/3/22
Tesla has enough margin to undercut the competition in many markets around the world if they have to. That has to be making all the legacy automakers nervous.
I agree that price is important when buying a new EV, but style also plays a role. Nio has som seriously good looking cars, nicer than Tesla in my opinion. Tesla has the edge right now, but they will not dominate forever.
I agree. Tesla looks dated exterior styling. Viking is so deeply invested, would never admit. Nio looks so fresh, so modern. It has a cult following and considered more premium then Tesla because objectively price wise it IS.
Also Chinese govt has subsidized cars with swappable batteries and CATL is joining with other local brands. This means China will help it's own companies probably long term as it knows no other country brands are doing so. Also Nio intends to introduce a volume brand that could be reason to aim for top5 by 2030.
Correct!
@@ciybersal9833 I haven't, but have you looked at the Coefficient of Drag for these designs? I'll take old and dated without complaint if it equates to better range due to aerodynamics.
@@anthonybha4510
Cd of model 3 and Nio ET5 are extremely close 0.24 and 0.23.
Nio has its advantages longer wheelbase and swappes.
Do you think tesla got rid of the radar and ultrasonic for cost to compete against China evs
@@thanksforyouruploads They did not "only" reduce cost but reduce complexity in their FSD. And no there will be no aditional sensors. No Radar, no Lidar, No IR, no ultrasonic.
I personally would love Lidar on all 4 corners blinding everybody with my grandness and one flying above the car shooting all those nasty attacking pigeons, but i'm not Elon...
NIO is far from bankrupt. They have 8 billion dollars and that’s enough to last 20 quarters at the current burn rate. NEO park just came online and that factory alone will produce 10k ET5 EV per month by December
Nio and Xpeng stock price currently, do you guys really believe that it will stay there regardless of which exchange. US auditors have completed first successful visit to China and are happy so far with information access and will be reporting in January about it I believe. Now what will happen as we get out of recession 2023, and what happens if those US auditors do indeed report a complete and successful 1st audit? Booom! is what will happen, face ripping rally. My thoughts re stock....re company yes Nio and Xpeng have seperate challenges ahead, Xpeng more so imo, but I do believe Chinese ev companies expansion, and world leading production and sales will not do anything but grow. I do agree with Sam though Nio needs to cut down on models, too many. Take top 3 and focus on that and will be way more profitable faster. Xpeng went through entire overhaul in management and need to find themselves again as BYD being their direct competitor is eating their lunch as we speak..and Tesla s may I add as well. BYD is a global beast everybody in car industry should be concerned about..Im an investor in all 3 companies and those are my thoughts
you have said all along that you did not care about the stock prices of these Chinese cars,
and that you barely looked at them. you declared that they are five year investments, not
short term trades. Boy did you take a hit along with everyone else believing in you and these cars. It is probably time for you to get back on you bike!
you have overlooked the element that Tesla's competitors look 2x as good as the
cookie cutter 3 and Y.
anyway, thanks for finally chiming in on stock price issues.
I sold all my NIO a vweek ago and bought TSLA.
Dump Nio! Battery-swapping will soon be outmoded by quicker-charging competitors. And, at this point, ALL Chinese companies are iffy investments, with Xi's economy teeetering. I love Xpeng's vehicles, but who wants his investment money subject to Xi's moods?