bought me some TSLA and SOFI last month. Some Investors are preaching buy the dip, some are selling without a concern should I too? I am asking because after a pretty good September I am up to 274k from 180k at the beginning of the 2nd quarter thanks to the likes of PLTR and NVDA.
the mirage caused by inflation is beginning to affect the mind of investors, studies found that investors undervalue stocks in the presence of high inflation just buy the dip, DCA with caution, maybe see an advisoor
Yes, it can also be brought down to the fact that Investors will make the same error, in reverse, when inflation and interest rates start to come down. That’s why a foundation of a major buy signal should currently being built.
Do your research and always speak with an advisor before putting your money in these crazy markets. Look online or around you for experienced ones, I can’t let someone who hasn’t lived through at least one depression give me advice.
That’s right. I work with a plannner, fixed income strategist and stock market analyst, Loren Lena Walker. She has been interviewed on a lot of business videos and has an aum of over 500m usd.
Hi what is the fee you are charged for the services offered, did you pay any upfront fees for consulting? Because I just set up a consult and I am not sure what to expect back, thanks for ur prompt response.
True, I don't think China CPC will support NIO a private company NIO can be sold in parts, take over. China CPC will support her useful state companies, unless those state companies doesn't compete to survive As channel said there's 4 large state vehicle companies.
Nio makes $5000 per car, then spends a similar amount on overhead. He then wants to invest in things that will give him profit in the future, he sees that he has enough cash, so he invests it according to the total cash in the till, since there is enough money, he chooses to take big projects like building phones and sub-brands. The sub-brands will compete directly with the Tesla Model Three and Model (y) and will be ten percent cheaper than them. Their annual capacity is expected to be six hundred thousand vehicles per year. They will be built on a 900 volt architecture and they could charge at a rate of five hundred kilowatts. They will be able to perform a battery swap. And their gross profit is expected to be over 20 percent.
Think about self driving vehicles, they will charge themselves using battery swap: this is the NIO secret weapon, no other manufacturer has a solution for this. Someone tell this to Sam.
You’re dreaming mate. They are so far off being profitable per car, and Tesla is only increasing its affordability and technology lead. Battery swapping is never going to be profitable.
@@dmere123ify those who buy nio is for that reasson. Those who dont buy want to see if Nio will make it in the scene. Once enough swaps are up and running, there will be no brainer to use swaps. I own nio and swap infront of a tesla charget statation. the look on the tesla owners face of the sad life. Priceless.
Funny how we view the Chinese government support for their manufacturing sector as bad and at the same time we can't get one day without our government extolling the virtues of their efforts to support investment in our manufacturing partners. We know that not all investments will produce the desired results but we do it because some of them will produce enough profits to justify the decision and cover the lost in the bad ones, at least it is right in theory.
@@NonTypicalRacing you are watching a Viking video, and he has also debunked those claims. Those are not EVs, they have fuel tanks. Or they were fleet cars for rideshares, where those companies went bankrupt. Does Viking have it wrong?
Lets assume Nio goes bust... Someone will buy the entrails including the battery swap stations. They do make some sense, especially for cabs and ride share companies and to those that do not have home charging (e.g. unit dwellers, of which there are a lot in China). Being able to buy an EV without a battery has significant purchase advantages. Price, obviously but also, any concerns about battery life are banished as is being able to benefit from new battery technology (their imminent semi solid state for instance). Nio's financial state does not look great, admittedly, but then neither did Tesla's for quite some time. They are an enigma, but you have to admire the chutzpah.
That is not why the swaps makes sense. It is due to the second hand value of the car. The cost of fixing a battery in a Tesla at $28 000. And the fact that you will not be allowed to drive with a faulty battery (fire risk), just as you are not allowed to drive with a leaking gas tank. In addition to laws on that, expect laws on ease of recycling batteries. This is coming. It is merely a matter of time.
Do you know where battery swap stations makes sense? Think about self driving vehicles, they will charge themselves using battery swap: this is the NIO secret weapon, no other manufacturer has a solution for this. Someone tell this to Sam.
One thing in Nio’s favor is that their upscale brand is popular with Chinese Government officials and assorted business Executives so the political pressure to keep NIO afloat with government bailouts is very real. Nio may survive just because of their elite level clients forcing government money into Nio.
I don’t care who you think Nio is popular with. Their business model is not good, and they Mr. Li, does not know what he is talking about. Battery swapping was employee designed to lower the price of the car where you would not pay for a battery you would be allowed to rent one from a battery swapping station. If you think that’s a great idea. Why don’t we just change the fuel tanks on cars when they run out of gas? If their business plan was so great other Chinese businesses would be doing the same. They can have phones and lounges and all of that who ha but it won’t make a difference because their business plan is flawed.
@@royphillips7644 Because pumping in petrol is much faster than swapping the gas tank... I dont get your comparison... plus battery swap allows the batteries to be slow charged in the swap stations at night or low peak times reducing electricity cost and also wear and tear on the batteries. Sure you can supercharge batteries in 30 mjns but how much stress and degradation do you think that does to the batteries? Battery swapping is the future at least in China.
The Chinese government is obviously supporting its electric car industry. It wants to transition away from petrol & Diesel to reduce dependence on imported oil and to improve air quality (though most of the very cheap electricity in China is generated by burning coal). However I don't think BYD is dumping cars in Europe because the price of their cars is much higher in Europe.
As more and more governments move to protectionism I think Tesla is the only company that got it right to build factories in countries where you plan to sell your cars so the local economy benefits. The Chinese automakers exporting to other parts of the world is only going to last short-term before governments slap on tariffs that will make their price advantage null and void. What people don't realize is that once the Chinese dominate your market and put homegrown automakers out of business they will then have a monopoly on your car market which will allow them to raise prices without any competition.
I can see BYD shipping major subsystems to their foreign assembly line factories. Chassis with motors & wiring harness already installed , Battery packs, windshields, doors, instrument panels, etc. the assembly plant is typically 1/3rd of the total effort/cost. BYD could get that to 20% with 80% being imported from China.
What you say doesn't seem to be true. Look at other products made in China, which almost monopolize most of the world's market. They have not raised the price. Not only have they not raised the price, the price has gradually dropped, such as solid-state drives, mobile phones, etc. This is true for computers and daily necessities
@@kevintanyj how does it remove range anxiety? Do you think they have a battery swapping station on every corner? Battery swapping is a fools errand and a logistical nightmare. It will never work.
@@royphillips7644Overall makes it easier to replace an old or defect battery. As soon as new battery tech comes out it can be replaced...which is cool when one has only leased the battery and has the option to replace it with a newer one free of additional charge. Definitely cool for richer people who don't care about money but want a smooth experience.
Why do they always say how much government support Chinese EV makers got? Canada just dumped $26B in two battery factories that are not built yet. The big three received $34B bailout. $1B seems to be nothing by comparison.
My thoughts on this? Whenever someone blames the other of protectionism they are neck deep on it themselves. CCP wrecked solar panel business in everywhere else than China with their protectionism. Rest of the world better up their game and put some equally wrecking tariffs on imports from China.
the battery swapping looks like a terrible idea. The initial investment & the maintenance cost of these type of station would drive the price of such service unmarketable.
When Europe protects its’ auto industry (which it must if it loses too much home market share), then interesting times begin. First European companies will lose all their investments , revenue and profits from China car sales. Second, European auto makers might also lose key parts imported from China which will increase manufacturing costs and thus increase auto prices which will shrink European sales and create temporary supply chain shortages. Also China may target all auto markets outside Europe and drive them completely out of those markets.
i doubt it would be so bad though EV is very challenging, for example, independent batteries factories so the rest works out. For instance, luxury brands like Mercedes, BMW will still aftersought. Practical people will buy KIA and japanese then they will chose chinese over them as they have different priorities. For me, a car is about sportiness and design then I would never choose Chinese ones , neither Korean.
So Europe is becoming anticapitalist and is against the free market. That's why I as a European only but Chinese whenever possible. And if I am forced to buy European I only buy second-hand and try to repair it as long as possible. I hate this European double-facedness: "When Europe profits but others disprofit it is for the free market - when it is the other way around it blocks - always. And in this case it definitely is racist."
The Eu have made it more and more difficult and expensive to manufacture in the EU, especially for small companies like mine. Too bad they say, Then when the big manufacturers, especially in Germany start complaining and hurting, they decide to help, and blame the Chinese for their woes.
@@thyristo anticapitalist? free market? TOTAL BS Why? The people are not free in the dictatorship as China. It will never be a free market there. NEVER. Deal with fair competiition or piss off.
@@thyristoThos is true for all so-called "free market fundamentalists." They love the free market when they're making money, but as soon as they start to lose, they whine: "Please save me, big daddy government!" The "free market" is an ideology that the billionaire class wants to push on you. They don't actually believe it themselves.
I remember well, sold NIO back in 2021 for a big profit and used the funds to buy more TSLA. After I saw the chart of who owns NIO, I was telling myself I was delusional thinking this is the next Tesla. Especially the battery swap, I knew it would be far too expensive to maintain. Common sense told me that all these batteries ready at each stations have to be continuously charged ahead of time. So inefficient and as super charging gets faster it will be obsolete very soon. So the next Tesla is Tesla.
Sam, I'm wondering why you are ignoring Nio's delivery numbers for Q3 (jul-sep)? They are known. There will be a huge difference between Q2 and Q3 results. It was a record quarter for Nio (almost 20k deliveries for 3 months in the row + some paid battery swaps etc. ).
@@monkayjim999 actually it'd be easier, listen to the video, this viking actually thinks the more cars nio sells the more money nio will lose lol. the logic is absurd in his thinking... he said nio can't sell more than 10,000 a month (nio did 20,000 in one month) or else they will go in massive debt lol
this fool is probably a Nio boot licker. You do know NIO got funds from the company to stay alive ok. Their tech is just a cheap copy cat of Tesla. Their NIO lounge is useless and their battery swap is the most stupid idea ever.
Tesla had battery-swapping in mind for the original MS. But it is very expensive, you need not only the swapping stations, you need a lot of excess batteries, too.
Back in the early days, Tesla actually did a live demo presentation as to how they envisioned battery swaps; and, quickly ditched that idea in favour of the far more successful world-wide charging infrastructure. Dpn't see too many manufacturers adopting Nio's concept but they are adopting NACs.
Nio builds out both, the plus with battery swap is speed 3-5 minutes to swap out and be back on the road with a fully charged battery (as fast as a gas station fuel stop). Additionally a busy supercharger station applies massive localised load on the electrical grid during peak periods, battery swap gives flexibility to charge off peak (cheaper electricity willing Nio can either keep savings as profit or pass on to the consumer)
@@steve251157sorry but fast charging is cheaper then swap because you are to add the cost of extra battery. Which is not cheap. The solution is to have more level 2 or 1 charging stations in more parking space.
i bursted out laughing when he said nio can't do more than 10,000 a month because that would create massive debt lol. he literally thinks the more cars nio sells the more money nio will lose. he literally thinks nio lose $35,000 for each addtional car they sell lol
The problem with battery swapping? Battery technologies will advance in the coming years to a point where charging can be done in minutes. Battery swapping will become obsolete.
...ok, changing a faulty battery in a tesla is $ 28 000. What do you think that does to the second hand value of the car and to the environment (as the economical life time of the car is very low) ? Imagine a tesla with swap option, and one without. Then look at what you wrote above.
Did we really forget how Tesla survived alone when no one else making EVs? Hypothetical to talk shit about Nio for going through the similar loss. Lol.
We need to enact legislation that mandates car manufacturers to make their batteries easily replaceable. The EU will force cell phone makers to have their batteries replaceable by 2025, so we need to do the same with EVs.
That legislation is coming - you will not be allowed to drive with a faulty battery (fire risk) just as you are not allowed to drive with a leaking gas tank.
@@akshonclip Nope. That dog don't hunt. The free market doesn't solve everything. The reason we have cleaner air, cleaner water and so on is because of legislation which is enforced by the EPA. It protects all of us including you.
China hangs in there - to permit its manufacturing and quality to improve. Its called Strategic Leadership and its the reason that they now own the battery, solar, and so many other markets at this point. It also explains Tesla, SpaceX, and most of Elon Musk's companies.
Elon explains Elon's companies. Despite all the govt. attacks by the regulators, the restrictive laws, taxation (theft), he/his employees triumph. Why? A little freedom goes a long way! Just imagine if we had a capitalist economy! Capitalism is economic democracy, i.e., the people vote with their dollars, decide who wins/losses.
If you want to know the determination of China on EV, just take a look at the high speed rail system which China developed and lead the world. Ultimately China's deep pocket will guarantee NEOs success. Believe in NEO is like believing in the Chinese government. The eye is on the horizon and the cash pipeline is full and pumping. NEOs mandate is not only to make EVs but is to establish a Chinese brand that is second to none.
remember the jap crap slogans the world chanted as the toyotas and datsuns made their play for the world market meanwhile american car makers refused to put in electric windows or air con ..tables turned now china has the knowhow and can make cars so much cheaper than anything legacy could dream of because they dont want to change remember china makes small 6000 dollar cars in conjunction with GM ,, once the world market wakes up the market will demand access to these vehicles
And you avoid paying $28 000 to fix a faulty battery in a tesla, killing the second hand value of the car (and the environment). Integrating the battery in the chassis is a stupid idea. But NIO is not using this in the marketing. Maybe this is one of the bullets that CEO mentions they have to fire.
Battery swapping on EVs is not a new idea. Over 100 years ago all TAXIs in NYC were electric because ICE bars were banned for being too loud. The taxi companies would swap the batteries all the time because the cars had roughly a 20 mile range.
There is nothing like 35000 usd loss per car. Battery comes from others. Seats tyre's and 90% including Touch screen from others. Just making body assembly don't create so much loss. If there is 10000 usd profitable diesel cars are there only Engine is replaced by battery and gearbox by Motor. If tesla sells at 30000 and make profit and byd sells at 25000 makes profit, why nio need to loose 35000 usd per car?
From a MotorBiscuit article titled "China-Built Car Tariff Loophole Opens Floodgates For U.S. Entry" - (slightly paraphrased): Volvo and Polestar EVs both Swedish brands are actually Chinese-owned by Geely. And they get around the penalty through an old trade law, the Duty Drawback program. Since 1789 (!), it provides for foreign-owned companies to recoup the tariffs against vehicles it exports. In Volvo’s case, that would be the EX90 and Polestar 3, both originating from Charleston, South Carolina. I guess the other way would be to build the cars in Mexico and import into the US from there?
Need to clarify - NIO loses $35K on each car *components and production cost* or on operations in general??? It is quite different story. Building new factories and investing in R&D, patenting etc has own value.
NIO makes money on each car they sell. Then there is overhead due to investments etc. A faulty battery on a tesla, $28 000 to fix. I wonder what that will do to the second hand value..
@@martina5328 yes you are right. viking doesn't know what he's talking about, he thinks nio loses an ADDITIONAL $35,000 for each additional car they sell, that's beyond dumb. he said nio can't sell more than 10,000 a month because that would cause them massive debt, nio did 20,000 in one month alone in this quarter.
ya after that he just makes misinformation videos on nio, he doesn't even know what a nio house is and calls them nio clubs, and he thinks every addtional car nio sells they lose $35,000 lol, that's beyond dumb
if you studied a typical e-cars trip distance /time behavior, you may discover that you could dedicate a small percentage of battery as being sacraficial: IE it is always used first and it is "manually swappable", so that it can be changed out well before the main battery. That's a solution that extends the total lifetime of th main battery and puts the strain of usage on a dedicated battery, that could be swapped out for whatever reason. To preserver battery life or as a spare extra range device
I saw one video claiming that diesel leak on exhaust pipe would not catch fire, then show an experiment where they pput a match stick into a bow of diesel. Yes you hav to heat the bolwl to 55 °C to get enough vapor. That was an argument to support the unlikeliness of a diesel car causing the firer. Depending on how big the leak is, you will get more vapor, and probably auto ignite.
Nobody has commented on it, but the mist stunning fact here was that a Nio factory was so highly automated it could produce 300,000? Cars/yr with only 35 people on the factory floor. If true, and i intend to listen to it again to check the numbers, then it's a revolutionary development and game over for traditional unionized car makers and the UAW. I thought Tesla with its robots is moving in the same direction, and with its giga factories. These highly paid but highly repetitive jobs will go away. Robots and automation don't need time off or healthcare. They can go 24/7, get software updates on the fly, etc. AGI may well replace a lot of doctors,lawyers, accountants as well. Nio may go bust due to debt, but the innovarive production tech will not go to waste.
I’m a big Tesla investor however I’m a big Nio fan and investor as well, I have wanted to own a Nio for about 4-years now, they are amazing cars, hope they can hang in there until they become profitable.
It's working in the trucking industries where highly standardised batteries get swapped out at the freight depot at the same time as loading unloading.
The problem is nobody wants to swap a newer known battery for an unknown battery with an unknown age. We sort of run into this with propane cylinder exchanges. People are hesitant to give up their new tank for a beat up old tank. At least in the case of propane you get a full capacity tank. This may not be the case with batteries.
it's a good concept as buyers can opt out to buy the battery with car to reduce the purchasing cost then either do monthly subscription for the battery or per swap
@@iceman9678 Nio solved this by renting the battery instead of selling it. Renting the battery should be the future here. It will also make it easier with recycling. And it will also help with used car price if you don't have to buy used battery with it.
Citroen, a french carmaker have just released details of a new C3e, price about £20 to £23000, this will give the chinese some competition and is where EV prices should be, and with cheaper solid state batteries should make an EV affordable for the masses
It's difficult to get a good fix on just how much debt Chinese companies can accumulate and still continue to operate. The massive amount of debt in the incredibly overbuilt Chinese real estate market serves as an example - and the government probably views underwriting this much debt as less risky for Chinese EV makers than it is for real estate. The government's top motivation is to keep the populace quiescent (i.e., employed) and to dominate the future worldwide EV market. They may take the view that if Nio goes bankrupt (because state-controlled banks won't finally lend them more), that's OK because another Chinese carmaker (BYD perhaps) can just absorb them, get all their technological expertise, and pay a bargain basement price to do it.
FYI, Ford is $139b in debt and GM $114b. NIO, mentioned here, is $0.93b in debt. Sure, it’s not fair comparison because NIO is a much smaller company but it still kinda funny see people pointing out Chinese debt problem completely oblivious to the fact the entire US automotive industry (except Tesla at $0.88b) lives on debt 😂
Net loss was RMB6,055.8 million (US$835.1 million) in the second quarter of 2023, representing an increase of 119.6% from the second quarter of 2022 and an increase of 27.8% from the first quarter of 2023. Excluding share-based compensation expenses, adjusted net loss (non-GAAP) was RMB5,445.7 million (US$751.0 million) in the second quarter of 2023, representing an increase of 140.2% from the second quarter of 2022 and an increase of 31.2% from the first quarter of 2023.
Wow! "Tesla has No competitive advantage over chinese car makers like Neo". How about: - not having any debt - making a profit on every car - being the most popular car in several European countries - having a very low cost of manufacture - having a very short supply chain compared to the likes of VW, Ford, GM etc. (don't know about the Chinese, but I'm guessing they looked around Tesla Shanghai and copied what they saw) - having a very competent software integration strategy (neither the Chinese nor the legacy car manufacturers are very good at software) - having less dependency on large workdforces (i.e. more automation) ...I think most of the other car companies (including the Chinese) are fooling themselves.
Great video. Let's start with the first part of your video. I have a hard time believing battery swapping will prove successful. The average American drives 40 miles a day, far more than what your typical EV can already handle. As charging stations begin to proliferate more and more and charge faster and faster, the need for expensive swapping stations will go away. The fact that China is so far ahead of so many other manufacturers in the EV space should scare legacy car brands. I always hated that the Trump administration pretty much ignored EVs and allowed China to buy up all of the mines in Africa related to EV battery material, like cobalt. A new lithium deposit was found in the US in Nevada and Oregon, but apparently even in THAT case, the largest shareholder is Chinese owned. My prediction is that within 15 years, as EVs make up the overwhelming majority of sales, US legacy automakers will declare bankruptcy and sell off their parts to other players.
The loss/vehicle is not because production costs (parts+direct labour+factory utilisation) is higher than selling price, the problem is that other overhead costs are higher that profit from operations (indirect labour -HR, Finance, Management, R&D etc, Cost of Sales, Nio Houses, showrooms, offices) they need to sell more cars to cover the cost of operations. Nio management I am sure assess the likely market volume, their target share of the market volume (by model), maximum production capacity, profit per car at various production capacities. If when operating at maximum production capacity the profit does not cover the operating costs and provide a healthy profit then they need to take tough action. Realistically they are unlikely to operate at maximum production capacity and as such need to break even at a much lower sales volume. They need to start getting a ROI on the battery swap and charging network (gas stations and fuel industry do not operate at a loss). Battery swap stations need to charge batteries off peak at lower costs as much as possible to allow high margin when batteries are swapped at peak periods.
Wow Rivian was losing $75,000 per car, now $34,000 so did Tesla and every other BEV manufacturer to start with this is quite normal, lucid byd etc etc etc
I took a trip to Dallas during holiday and I drove my Model Y. The super charger station was packed with people and there were cars in line to get charged. I had to wait close to one hour just to get my car to charge. May be this battery swap in a very high traffic and demand area would be beneficial, I think.
If you have to do 40 battery swaps per hour to match a gen-3 supercharger with a 2MW site supply, you'd need 4-5 battery swap stations, a large enough on-site battery inventory to do all of those swaps and enough charging capacity to get swapped-out packs back up to full before the charged stock runs out. Probably cheaper to scale site power up to 3MW and add a few extra charging stalls.
That is not the main reason why it is beneficial The main reason is that a fixing a broken battery in a Tesla is $28 000. Good luck with the second hand value of the car once people become aware of this (it is just a matter of time).
@whodatcatt you just heard now. And it will be more of that situation as the number of EV grows. Don't flat out BS on the someone who actually experienced this...
Hmmm, Tesla had no competitive advantage.🤔 I don't think any Chinese EV maker is actually making money, Nio isn't, Xpeng isn't and BYD is probably only making money on its hybrids, I don't believe they are making money on EV's. We will wait and see what the future holds.
@11:14 XPeng is also trying to branch into flying cars to compete with Chinese company eHang. eHang is the 1st and ONLY company in the world offering commercial flying-robo-taxi service. It's been offering the commercial flying robotaxi service for about 2 or 3 years in the countryside in China, but has recently received the green light from Chinese authorities to operate in cities. And XPeng is trying to branch out in that direction competing with eHang. So Volkswagen may automatically have a foot into that space!! A Volkswagen flying car!!
Why do people think than in EU the chinese will reach 20-30% of market share- especially that EU does not value the "new tech" in the cars - but the old values like handling, reliability, etc? Actually i would think the market share for chinese cars in US will be higher then in EU. I can get a car like opel or peugeot for like 20-30 k- with good handling and reliability- why should i buy a NIO or BYD for 40k? Especually if they are EV and EU does not have a competitive charging infra- because is more expensive than diesel...
Battery swap cars faces the same problems as hydrogen cars, unless you live in a major city, where do you go to get refuelled ? For plug in charging, the electricity grid is already established, charging stations are numerous and easily accessible, and many can charge overnight in their home garages.
The charging stations are accessible, which means they are out there without roof or shelter, not working, under construction, with software problems, handshake problems, provider-card-problems, with smashed screens, dead screens, smashed card slots, cut and stolen cables (for copper herders), used as parking spots and the list goes on and on...
Fix a broken battery in a Tesla, $28 000. What will that do to the second hand value of the car? ...! Which solution do you think is the most environmental ? A NIO can last forever, while a Tesla has a very limited economical lifespan. Why on earth would you not want swap or buy a car without it ?
If a location is suitable for a charging station it is also suitable for a swapping station so do one or the other. For charging stations you need at least 4 chargers to be viable as it takes hours to charge, for swapping you need only one.
I like the removable battery concept, but not rusted on to the idea of using a battery swap station. A damaged battery (accidents or cell faults, etc) would be easier to replace than other EVs (most) that does not have a swap out capability. Remember, there is a thing called the WTO. Many international trade disputes from member states end up there for adjudication. Put up the argument and see how you go.
Cost of fixing the battery in a tesla, up to $ 28 000. What will that do to the second hand value? (You will not be allowed to drive around with a faulty battery with increased fire risk). EVs with batteries integrated in the chassis makes no sense. ... It is a stupid solution.
@@martina5328 Well it is a solution, but as you suggest it has some issues. 😀. I don’t understand the insistence in reviews that integrated packs are a great idea though, as I think they make little sense for a whole lot of practical reasons. I can’t see battery swapping as an inexpensive way of quickly getting a full charge either, although it does look to be convenient. The one caveat is trusting that the replacement pack (if previously used) through a swap station is of best quality. You are not necessarily going to know what sort of life stresses that pack has been previously subjected to, despite assurances. The concept of a removable pack remains of great interest to me, and I think it points the way to better EV outcomes than where we are currently. Cost of replacement and taking advantage of newer pack tech being two of those. Cheers.
@@NomadWalker-io3ne Yes. I can see this. I use the 0.7 rule, if thats a thing. 😀. 100kWh battery being about 700kg or 0.7ton. In all fairness, the average is probably less than this, but all battery packs are heavy. So there is that. If structural packs are less weight then removable, then I can see the advantage, but by the time they have matured someone may have solved the weight dichotomy. If its kept to less than 60kWh capacity it could be a reasonable weight anyway. I am keen to limit 60kWh max, as anything bigger triggers my concerns regarding scares natural resources. 😉. They will just have to get more efficient I guess. Just my opinion.
@@GolLeeMe even 2018 nios with like 55kwh batteries the battery pack weighed a metric ton, there's additional chasis and other elements in order for it to be swappable. the only nio that doesn't need a swap station is the ep9, you need humans to manually swap the batteries, which is why they don't really sell them beyond collectors cuz people won't be able to charge it or swap it
Don't sound as if there is much of a future for any humans as auto-workers and we just seeing the start of AI. If Tesla can make 3 cars for every VW, future AI/robotics will be key to mass manufacturing while keeping cost low. Going back to companies manufacturing everything in-house will reduce problems of supply-chain issues.
If you are working in assembly you make 15-20 dollars an hour at Ford on average. If you are saying over 100k then you are talking about software or product engineer. Too many are talking about wages at ford as if an assembler is making 100k per year.
Nio was worth $59 per share, I know because I invested at its peak… I was trying to “Diversify” because all my friends were like, “You are crazy to be 95% in on TESLA! Diversify!!!” After years of hoping for a rebound, I feel stupid. So I sold the shares reinvested in TSLA, which is where I should have invested 100% in the first place!
I think you are making a mistake. What is the cost of fixing a broken battery in a tesla, up to $ 28 000. Who take on that risk, and what does that do to the second hand value of the car? There will be laws - you will not be allowed to drive around with a faulty battery due to increased fire risk, just as you are not allowed to drive around with a leaking gas tank. There will be laws on how EVs are scrapped and ease of recycling. Why would you buy a car with no swap if you can buy one with swap ? (you can still charge it with a cable)
battery swap would be a good idea if everyone worked together to make it happen. but nio doing this on their own... i am not sure this is going to work in the long term.
You will not be allowed to drive with a faulty battery (fire risk), just as you are not allowed to drive with a leaking gas tank. To fix the battery in a Tesla, recently Tesla said it was $28 000 (even though there was still warranty on the battery - they argued he had driven in the rain). What do you think this will do to the second hand value of Teslas and other non-swap EVs ?
@@pse2020 I would never buy an EV with the battery integrated in the chassis. And I think, with time, people will realize this. There is a clock ticking in every EV with the battery integrated in the chassis.
The question must be put- how does anyone finance huge numbers of batteries lying around all over the globe waiting for customers to pop in and swop a battery. EV manufacturers are struggling to make a profit on EVs with ONE battery - the swop out model/concept is vastly flawed
Fix a broken battery in a tesla - $28 000. Do you think that does anything to the second hand value of the car? With NIO, you swap or charge with cable. NIO can sell a tiny car with a very limited battery dirt cheap for city use. When going on vacation - swap in a huge battery. In the swap station, batteries can be charged at night (when what hour is cheap), avoid fast charging (kills the battery). Yes, financing, but why on earth would you buy a car with the battery integrated in the chassis ?
There will be less batteries per car in kWh because you are able to have a smaller battery pack for normal use and only swap a new one when you need one for longer trips.
@@Lucas-wp2ph not to mention superchargers need batteries too, this guy is so clueless, the difference is super chargers could use cheaper less dense batteries instead.
NIO outsources car production to Jiang Huwai because China stopped issuing car manufacture license years ago. There is a news on 10/19/23 that Jiang Huwai may sell a portion to NIO so they can own their own factory.
I’ve noticed a difference in the editing recently, like not cutting out stumbles on words and that...personally I’m into it, feels more organic and less artificially condensed 🙂
Tesla sold basically no cars and made no money for a long time because they were developing new tech. It would be more fair or interesting to compare with Tesla in its early years and see what's possible. I'm sure tesla had a lot of debt to begin with too.
Any industry regardless of the country or product cannot live on endless life support. If a business doesn't turn a profit especially in our dire world economy, its going the way of the dinosaurs.
One has to wonder how Tesla ,virtually a new brand of 15years ,makes the best selling vehicles world wide ,best world beating technology goes further with a smaller battrie ,leads the world on self driving technology, over the air updates and further more all other OEMS are all saying that we will beat Tesla by 2026,why would any one buy sub standard other brands
That's nothing. Stellantis got $15 billion to build a $500 million battery plant in Windsor and than came out 2 months later and said EVs are unworkable. Not enough minerals and metals and too expensive for people to buy. Buy freeze dried food and a hand pump water purifier. This won't end well.
Nio make good cars, but it often lose focus in pursuit of brand premium. They waste a lot of money on luxurious dealership etc. Now they also venture into cellphone business. Frankly, it is time to fire the founder and replace him with more competent manager.
Thanks for the information. I sold half of my NIO stocks today at a loss. I am now considering BYD or oil stocks, but the markets are really bad, so I am watching the geopolitical situation.
Its stupid i have a e-bike i ride then i got to charge it if i have to go anywhere i got to wait for it to charge for hours before making another trip its bull going to work to pay for your car to charge your losing money while making it
If you believe that you can charge it with a cable. Fix the battry on a Tesla - $28 000. What do you think that does to the second hand value? If you think about it, you will realize that battery integrated in the chassis is a stupid, less environmentally friendly solution. NIO can sell a tiny car with a tiny battery - then if you need to go on vacation, swap to the newest, larger battery.
☝️🤡.. my experience with advanced robotic systems is there are thousands of people in the background pulling the strings making it look like everything works by itself
Exactly. I've worked with robots for 30 years. They're more trouble than they're worth. Quality dies. Workers begin to really hate their jobs. And the morons in management and the governments giving them money think the solution is more robots. The end result is like VW. They've given up on making EVs after at least 40 billion Euro in gifts from the German government and decided to rebadge Chinese EVs. When they brought in robots the technical competency of management also left the building. The west is in terminal phase. Unless Tik Tok can put food on the table, we're done for. And these young guys on here are cheering on their own demise. They will own nothing, eat crickets and be happy.
China appears to have their feet firmly planted in physical reality - which results in esteem for occupations in science and engineering. Whereas the "western" US dominated states seem to be in orbit around the imagination and persuasion .. resulting in highest esteem for occupations involving money and media. ps: do those BYD cars self-drive on and off those car carrying ships? They should.
bought me some TSLA and SOFI last month. Some Investors are preaching buy the dip, some are selling without a concern should I too?
I am asking because after a pretty good September I am up to 274k from 180k at the beginning of the 2nd quarter thanks to the likes of PLTR and NVDA.
the mirage caused by inflation is beginning to affect the mind of investors, studies found that investors undervalue stocks in the presence of high inflation just buy the dip, DCA with caution, maybe see an advisoor
Yes, it can also be brought down to the fact that Investors will make the same error, in reverse, when inflation and interest rates start to come down. That’s why a foundation of a major buy signal should currently being built.
Do your research and always speak with an advisor before putting your money in these crazy markets. Look online or around you for experienced ones, I can’t let someone who hasn’t lived through at least one depression give me advice.
That’s right. I work with a plannner, fixed income strategist and stock market analyst, Loren Lena Walker. She has been interviewed on a lot of business videos and has an aum of over 500m usd.
Hi what is the fee you are charged for the services offered, did you pay any upfront fees for consulting? Because I just set up a consult and I am not sure what to expect back, thanks for ur prompt response.
US + Germany+ Japan had been supporting their ICE Vehicle Industry for years.
Don't forget the GM Bailout.
and ford and chrysler
In Canada we get about 7 to 15k rebate for EV...
True, I don't think China CPC will support NIO a private company
NIO can be sold in parts, take over.
China CPC will support her useful state companies, unless those state companies doesn't compete to survive
As channel said there's 4 large state vehicle companies.
Nio makes $5000 per car, then spends a similar amount on overhead. He then wants to invest in things that will give him profit in the future, he sees that he has enough cash, so he invests it according to the total cash in the till, since there is enough money, he chooses to take big projects like building phones and sub-brands. The sub-brands will compete directly with the Tesla Model Three and Model (y) and will be ten percent cheaper than them. Their annual capacity is expected to be six hundred thousand vehicles per year. They will be built on a 900 volt architecture and they could charge at a rate of five hundred kilowatts. They will be able to perform a battery swap. And their gross profit is expected to be over 20 percent.
Think about self driving vehicles, they will charge themselves using battery swap: this is the NIO secret weapon, no other manufacturer has a solution for this. Someone tell this to Sam.
Funny
You’re dreaming mate. They are so far off being profitable per car, and Tesla is only increasing its affordability and technology lead. Battery swapping is never going to be profitable.
@@dmere123ify those who buy nio is for that reasson. Those who dont buy want to see if Nio will make it in the scene.
Once enough swaps are up and running, there will be no brainer to use swaps. I own nio and swap infront of a tesla charget statation. the look on the tesla owners face of the sad life. Priceless.
Funny how we view the Chinese government support for their manufacturing sector as bad and at the same time we can't get one day without our government extolling the virtues of their efforts to support investment in our manufacturing partners.
We know that not all investments will produce the desired results but we do it because some of them will produce enough profits to justify the decision and cover the lost in the bad ones, at least it is right in theory.
In Canada we get about 7 to 15k rebate for EV...
I have faith in NIO. They make superb cars and are selling well in China.
NO NIO 4 ME....
Is this Big Trudy? I seen the Canadia and PCRP flag...
You did see the fields FULL of thousands n thousands of EV's with license plates on them?
@@NonTypicalRacingthose are OLD used broken rentals 😂 see Inside China auto chanel
@@NonTypicalRacing you are watching a Viking video, and he has also debunked those claims. Those are not EVs, they have fuel tanks. Or they were fleet cars for rideshares, where those companies went bankrupt. Does Viking have it wrong?
Lets assume Nio goes bust... Someone will buy the entrails including the battery swap stations. They do make some sense, especially for cabs and ride share companies and to those that do not have home charging (e.g. unit dwellers, of which there are a lot in China). Being able to buy an EV without a battery has significant purchase advantages. Price, obviously but also, any concerns about battery life are banished as is being able to benefit from new battery technology (their imminent semi solid state for instance). Nio's financial state does not look great, admittedly, but then neither did Tesla's for quite some time. They are an enigma, but you have to admire the chutzpah.
That is not why the swaps makes sense. It is due to the second hand value of the car. The cost of fixing a battery in a Tesla at $28 000. And the fact that you will not be allowed to drive with a faulty battery (fire risk), just as you are not allowed to drive with a leaking gas tank. In addition to laws on that, expect laws on ease of recycling batteries. This is coming. It is merely a matter of time.
Yea $28k to replace the battery plus 6 month for Tesla to get the parts in and fit them 😂
Do you know where battery swap stations makes sense? Think about self driving vehicles, they will charge themselves using battery swap: this is the NIO secret weapon, no other manufacturer has a solution for this. Someone tell this to Sam.
One thing in Nio’s favor is that their upscale brand is popular with Chinese Government officials and assorted business Executives so the political pressure to keep NIO afloat with government bailouts is very real. Nio may survive just because of their elite level clients forcing government money into Nio.
I don’t care who you think Nio is popular with. Their business model is not good, and they Mr. Li, does not know what he is talking about. Battery swapping was employee designed to lower the price of the car where you would not pay for a battery you would be allowed to rent one from a battery swapping station. If you think that’s a great idea. Why don’t we just change the fuel tanks on cars when they run out of gas? If their business plan was so great other Chinese businesses would be doing the same. They can have phones and lounges and all of that who ha but it won’t make a difference because their business plan is flawed.
Does Ballie Gifford and Black Rock think their business model is flawed??? 🤫
@@royphillips7644 Because pumping in petrol is much faster than swapping the gas tank... I dont get your comparison... plus battery swap allows the batteries to be slow charged in the swap stations at night or low peak times reducing electricity cost and also wear and tear on the batteries.
Sure you can supercharge batteries in 30 mjns but how much stress and degradation do you think that does to the batteries? Battery swapping is the future at least in China.
Viking, you Monster! WHAT would we do, without your Informations? GREAT!
The Chinese government is obviously supporting its electric car industry. It wants to transition away from petrol & Diesel to reduce dependence on imported oil and to improve air quality (though most of the very cheap electricity in China is generated by burning coal). However I don't think BYD is dumping cars in Europe because the price of their cars is much higher in Europe.
As more and more governments move to protectionism I think Tesla is the only company that got it right to build factories in countries where you plan to sell your cars so the local economy benefits. The Chinese automakers exporting to other parts of the world is only going to last short-term before governments slap on tariffs that will make their price advantage null and void. What people don't realize is that once the Chinese dominate your market and put homegrown automakers out of business they will then have a monopoly on your car market which will allow them to raise prices without any competition.
Chinese are starting to build EV factories in Hungary and South East Asia.
@@godzillamothra5983 S America soon as well
I can see BYD shipping major subsystems to their foreign assembly line factories. Chassis with motors & wiring harness already installed , Battery packs, windshields, doors, instrument panels, etc. the assembly plant is typically 1/3rd of the total effort/cost. BYD could get that to 20% with 80% being imported from China.
What you say doesn't seem to be true. Look at other products made in China, which almost monopolize most of the world's market. They have not raised the price. Not only have they not raised the price, the price has gradually dropped, such as solid-state drives, mobile phones, etc. This is true for computers and daily necessities
You are 100% correct in your assessment.
A lot of people are forgetting that swapping batteries is only an option.
That's correct. And it removes range anxiety and charging time 😊
@@kevintanyj how does it remove range anxiety? Do you think they have a battery swapping station on every corner? Battery swapping is a fools errand and a logistical nightmare. It will never work.
@@royphillips7644in China they have almost One in every corner
80% of nio cliente have one 5 min away from home
@@royphillips7644
It's already working in China which is a much larger car market than yours
@@royphillips7644Overall makes it easier to replace an old or defect battery. As soon as new battery tech comes out it can be replaced...which is cool when one has only leased the battery and has the option to replace it with a newer one free of additional charge.
Definitely cool for richer people who don't care about money but want a smooth experience.
Why do they always say how much government support Chinese EV makers got? Canada just dumped $26B in two battery factories that are not built yet. The big three received $34B bailout. $1B seems to be nothing by comparison.
I think chinese government just keep supporting every makers so that they don’t just died they are rich anyways
@@cocoaiscool2709 Canada is poor yet we still do that. Well, the big ones at least.
My thoughts on this? Whenever someone blames the other of protectionism they are neck deep on it themselves. CCP wrecked solar panel business in everywhere else than China with their protectionism. Rest of the world better up their game and put some equally wrecking tariffs on imports from China.
the battery swapping looks like a terrible idea. The initial investment & the maintenance cost of these type of station would drive the price of such service unmarketable.
When Europe protects its’ auto industry (which it must if it loses too much home market share), then interesting times begin. First European companies will lose all their investments , revenue and profits from China car sales. Second, European auto makers might also lose key parts imported from China which will increase manufacturing costs and thus increase auto prices which will shrink European sales and create temporary supply chain shortages. Also China may target all auto markets outside Europe and drive them completely out of those markets.
i doubt it would be so bad though EV is very challenging, for example, independent batteries factories so the rest works out. For instance, luxury brands like Mercedes, BMW will still aftersought. Practical people will buy KIA and japanese then they will chose chinese over them as they have different priorities. For me, a car is about sportiness and design then I would never choose Chinese ones , neither Korean.
So Europe is becoming anticapitalist and is against the free market. That's why I as a European only but Chinese whenever possible.
And if I am forced to buy European I only buy second-hand and try to repair it as long as possible.
I hate this European double-facedness: "When Europe profits but others disprofit it is for the free market - when it is the other way around it blocks - always. And in this case it definitely is racist."
The Eu have made it more and more difficult and expensive to manufacture in the EU, especially for small companies like mine. Too bad they say, Then when the big manufacturers, especially in Germany start complaining and hurting, they decide to help, and blame the Chinese for their woes.
@@thyristo anticapitalist? free market? TOTAL BS
Why? The people are not free in the dictatorship as China. It will never be a free market there. NEVER. Deal with fair competiition or piss off.
@@thyristoThos is true for all so-called "free market fundamentalists."
They love the free market when they're making money, but as soon as they start to lose, they whine:
"Please save me, big daddy government!"
The "free market" is an ideology that the billionaire class wants to push on you. They don't actually believe it themselves.
I remember well, sold NIO back in 2021 for a big profit and used the funds to buy more TSLA. After I saw the chart of who owns NIO, I was telling myself I was delusional thinking this is the next Tesla. Especially the battery swap, I knew it would be far too expensive to maintain. Common sense told me that all these batteries ready at each stations have to be continuously charged ahead of time. So inefficient and as super charging gets faster it will be obsolete very soon. So the next Tesla is Tesla.
Sam, I'm wondering why you are ignoring Nio's delivery numbers for Q3 (jul-sep)? They are known. There will be a huge difference between Q2 and Q3 results. It was a record quarter for Nio (almost 20k deliveries for 3 months in the row + some paid battery swaps etc. ).
If he included those figures it would be harder for him to put a negative spin on Nio
@@monkayjim999 actually it'd be easier, listen to the video, this viking actually thinks the more cars nio sells the more money nio will lose lol. the logic is absurd in his thinking... he said nio can't sell more than 10,000 a month (nio did 20,000 in one month) or else they will go in massive debt lol
this fool is probably a Nio boot licker. You do know NIO got funds from the company to stay alive ok. Their tech is just a cheap copy cat of Tesla. Their NIO lounge is useless and their battery swap is the most stupid idea ever.
@@NomadWalker-io3ne Yes the more product you sell with a positive margin the more you lose... makes sense 🤦♂️
@@monkayjim999 sadly people are really that dumb to think that
GO NIO!! The negative sentiments are real, do what u do best and innovate another Tesla story in the making 👍
$28 000 to fix a broken battery in a Tesla. Compare that to a swap.
NIO is more like Apple of the car industry. Premium product with premium price and services,something Tesla is far from.
Account made 4 days ago lol. I'm getting very tired of bots that are used for manipulating geopolitics.
Tesla had battery-swapping in mind for the original MS.
But it is very expensive, you need not only the swapping stations, you need a lot of excess batteries, too.
Back in the early days, Tesla actually did a live demo presentation as to how they envisioned battery swaps; and, quickly ditched that idea in favour of the far more successful world-wide charging infrastructure. Dpn't see too many manufacturers adopting Nio's concept but they are adopting NACs.
Nio builds out both, the plus with battery swap is speed 3-5 minutes to swap out and be back on the road with a fully charged battery (as fast as a gas station fuel stop). Additionally a busy supercharger station applies massive localised load on the electrical grid during peak periods, battery swap gives flexibility to charge off peak (cheaper electricity willing Nio can either keep savings as profit or pass on to the consumer)
@@steve251157sorry but fast charging is cheaper then swap because you are to add the cost of extra battery. Which is not cheap. The solution is to have more level 2 or 1 charging stations in more parking space.
That’s a remarkable video Sam. Amazing. Times have changed dramatically.
Well, if NIO can get from the govt as much as they need to succeed, I can see why the EU is complaining.
So when US bail out their car manufacturers with government money it's good.
But when China supports theirs is bad?
I suggest that the "Settings" should be a sliding change rather than A A B C range
Funny how he "forgets" to make reference to sales from july to september
i bursted out laughing when he said nio can't do more than 10,000 a month because that would create massive debt lol. he literally thinks the more cars nio sells the more money nio will lose. he literally thinks nio lose $35,000 for each addtional car they sell lol
@@NomadWalker-io3ne he hates nio, It is very clear
Show me the money was one of the best phrases ever.
The problem with battery swapping? Battery technologies will advance in the coming years to a point where charging can be done in minutes. Battery swapping will become obsolete.
...ok, changing a faulty battery in a tesla is $ 28 000. What do you think that does to the second hand value of the car and to the environment (as the economical life time of the car is very low) ? Imagine a tesla with swap option, and one without. Then look at what you wrote above.
Did we really forget how Tesla survived alone when no one else making EVs? Hypothetical to talk shit about Nio for going through the similar loss. Lol.
We need to enact legislation that mandates car manufacturers to make their batteries easily replaceable. The EU will force cell phone makers to have their batteries replaceable by 2025, so we need to do the same with EVs.
Bc we should all be on to EV's by then. That's well into an upcoming reknown presidency.
How about laying off of more mandates. All it does is make everything more expensive.
Why? What possible benefit does that give anyone ?
That legislation is coming - you will not be allowed to drive with a faulty battery (fire risk) just as you are not allowed to drive with a leaking gas tank.
@@akshonclip Nope. That dog don't hunt. The free market doesn't solve everything. The reason we have cleaner air, cleaner water and so on is because of legislation which is enforced by the EPA. It protects all of us including you.
China hangs in there - to permit its manufacturing and quality to improve. Its called Strategic Leadership and its the reason that they now own the battery, solar, and so many other markets at this point. It also explains Tesla, SpaceX, and most of Elon Musk's companies.
Elon explains Elon's companies. Despite all the govt. attacks by the regulators, the restrictive laws, taxation (theft), he/his employees triumph. Why? A little freedom goes a long way! Just imagine if we had a capitalist economy! Capitalism is economic democracy, i.e., the people vote with their dollars, decide who wins/losses.
If you want to know the determination of China on EV, just take a look at the high speed rail system which China developed and lead the world. Ultimately China's deep pocket will guarantee NEOs success. Believe in NEO is like believing in the Chinese government. The eye is on the horizon and the cash pipeline is full and pumping. NEOs mandate is not only to make EVs but is to establish a Chinese brand that is second to none.
remember the jap crap slogans the world chanted as the toyotas and datsuns made their play for the world market meanwhile american car makers refused to put in electric windows or air con ..tables turned now china has the knowhow and can make cars so much cheaper than anything legacy could dream of because they dont want to change remember china makes small 6000 dollar cars in conjunction with GM ,, once the world market wakes up the market will demand access to these vehicles
Correct
And you avoid paying $28 000 to fix a faulty battery in a tesla, killing the second hand value of the car (and the environment). Integrating the battery in the chassis is a stupid idea. But NIO is not using this in the marketing. Maybe this is one of the bullets that CEO mentions they have to fire.
UAW strike is in its 33rd day today...............
We wouldn’t need the union if management played fair.
Battery swapping on EVs is not a new idea. Over 100 years ago all TAXIs in NYC were electric because ICE bars were banned for being too loud. The taxi companies would swap the batteries all the time because the cars had roughly a 20 mile range.
There is nothing like 35000 usd loss per car. Battery comes from others. Seats tyre's and 90% including Touch screen from others. Just making body assembly don't create so much loss. If there is 10000 usd profitable diesel cars are there only Engine is replaced by battery and gearbox by Motor. If tesla sells at 30000 and make profit and byd sells at 25000 makes profit, why nio need to loose 35000 usd per car?
what about Li auto? are they doing fine?
From a MotorBiscuit article titled "China-Built Car Tariff Loophole Opens Floodgates For U.S. Entry" - (slightly paraphrased):
Volvo and Polestar EVs both Swedish brands are actually Chinese-owned by Geely. And they get around the penalty through an old trade law, the Duty Drawback program. Since 1789 (!), it provides for foreign-owned companies to recoup the tariffs against vehicles it exports. In Volvo’s case, that would be the EX90 and Polestar 3, both originating from Charleston, South Carolina.
I guess the other way would be to build the cars in Mexico and import into the US from there?
Need to clarify - NIO loses $35K on each car *components and production cost* or on operations in general???
It is quite different story. Building new factories and investing in R&D, patenting etc has own value.
NIO makes money on each car they sell. Then there is overhead due to investments etc. A faulty battery on a tesla, $28 000 to fix. I wonder what that will do to the second hand value..
@@martina5328 yes you are right. viking doesn't know what he's talking about, he thinks nio loses an ADDITIONAL $35,000 for each additional car they sell, that's beyond dumb. he said nio can't sell more than 10,000 a month because that would cause them massive debt, nio did 20,000 in one month alone in this quarter.
I remember you sold all your Nio shares many times ago.
Yep, and ever since then he is just talking about how Nio is bad and all that... 🙄🙄🙄
Yes strange that.. I'm guessing he is a little bitter and doesn't want them to take off as he isn't invested
ya after that he just makes misinformation videos on nio, he doesn't even know what a nio house is and calls them nio clubs, and he thinks every addtional car nio sells they lose $35,000 lol, that's beyond dumb
Morning mate
Lets remember tesla back in the day, lets see how profitable it was xD Also vehicles made by Nio are arguably better quality as well. Hmn.
if you studied a typical e-cars trip distance /time behavior, you may discover that you could dedicate a small percentage of battery as being sacraficial: IE it is always used first
and it is "manually swappable", so that it can be changed out well before the main battery. That's a solution that extends the total lifetime of th main battery and puts the strain of
usage on a dedicated battery, that could be swapped out for whatever reason. To preserver battery life or as a spare extra range device
I saw one video claiming that diesel leak on exhaust pipe would not catch fire, then show an experiment where they pput a match stick into a bow of diesel.
Yes you hav to heat the bolwl to 55 °C to get enough vapor.
That was an argument to support the unlikeliness of a diesel car causing the firer.
Depending on how big the leak is, you will get more vapor, and probably auto ignite.
Nobody has commented on it, but the mist stunning fact here was that a Nio factory was so highly automated it could produce 300,000? Cars/yr with only 35 people on the factory floor. If true, and i intend to listen to it again to check the numbers, then it's a revolutionary development and game over for traditional unionized car makers and the UAW. I thought Tesla with its robots is moving in the same direction, and with its giga factories. These highly paid but highly repetitive jobs will go away. Robots and automation don't need time off or healthcare. They can go 24/7, get software updates on the fly, etc. AGI may well replace a lot of doctors,lawyers, accountants as well. Nio may go bust due to debt, but the innovarive production tech will not go to waste.
I’m a big Tesla investor however I’m a big Nio fan and investor as well, I have wanted to own a Nio for about 4-years now, they are amazing cars, hope they can hang in there until they become profitable.
Battery swapping may work in fleets, not at individual car owners level. Even that isn't guaranteed.
It can work, but it need standard, and gov can help with this, just like the Chinese gov is doing.
It's working in the trucking industries where highly standardised batteries get swapped out at the freight depot at the same time as loading unloading.
The problem is nobody wants to swap a newer known battery for an unknown battery with an unknown age.
We sort of run into this with propane cylinder exchanges. People are hesitant to give up their new tank for a beat up old tank. At least in the case of propane you get a full capacity tank. This may not be the case with batteries.
it's a good concept as buyers can opt out to buy the battery with car to reduce the purchasing cost then either do monthly subscription for the battery or per swap
@@iceman9678 Nio solved this by renting the battery instead of selling it. Renting the battery should be the future here. It will also make it easier with recycling. And it will also help with used car price if you don't have to buy used battery with it.
Citroen, a french carmaker have just released details of a new C3e, price about £20 to £23000, this will give the chinese some competition and is where EV prices should be, and with cheaper solid state batteries should make an EV affordable for the masses
City car only, 199 max range and pretty small cheap and ugly.
@@jamesnicholl8016yes, ugly like the night, like buzz from vw.
I am sure the Chinese welcome the competition, competition makes one try harder and do better and also enlarges the potential market size.
It's difficult to get a good fix on just how much debt Chinese companies can accumulate and still continue to operate. The massive amount of debt in the incredibly overbuilt Chinese real estate market serves as an example - and the government probably views underwriting this much debt as less risky for Chinese EV makers than it is for real estate. The government's top motivation is to keep the populace quiescent (i.e., employed) and to dominate the future worldwide EV market. They may take the view that if Nio goes bankrupt (because state-controlled banks won't finally lend them more), that's OK because another Chinese carmaker (BYD perhaps) can just absorb them, get all their technological expertise, and pay a bargain basement price to do it.
FYI, Ford is $139b in debt and GM $114b. NIO, mentioned here, is $0.93b in debt. Sure, it’s not fair comparison because NIO is a much smaller company but it still kinda funny see people pointing out Chinese debt problem completely oblivious to the fact the entire US automotive industry (except Tesla at $0.88b) lives on debt 😂
Net loss was RMB6,055.8 million (US$835.1 million) in the second quarter of 2023, representing an increase of 119.6% from the second quarter of 2022 and an increase of 27.8% from the first quarter of 2023. Excluding share-based compensation expenses, adjusted net loss (non-GAAP) was RMB5,445.7 million (US$751.0 million) in the second quarter of 2023, representing an increase of 140.2% from the second quarter of 2022 and an increase of 31.2% from the first quarter of 2023.
@@hakuhyo174vw €180b debt by the owners family, Porsche/Piëch.
How much funding did Tesla get in the early days to keep the company afloat ! and how many years before it became profitable . . . . . . .
Google it!😊
Remember when Tesla struggles for years and every year on the brink of bankruptcy
Cheers mate
Great Video - #ev Would you buy #electric_vehicle with #fast_charging or #battery_swap ? Who will be the next #car_leader ?
Wow! "Tesla has No competitive advantage over chinese car makers like Neo". How about:
- not having any debt
- making a profit on every car
- being the most popular car in several European countries
- having a very low cost of manufacture
- having a very short supply chain compared to the likes of VW, Ford, GM etc. (don't know about the Chinese, but I'm guessing they looked around Tesla Shanghai and copied what they saw)
- having a very competent software integration strategy (neither the Chinese nor the legacy car manufacturers are very good at software)
- having less dependency on large workdforces (i.e. more automation)
...I think most of the other car companies (including the Chinese) are fooling themselves.
Great video.
Let's start with the first part of your video. I have a hard time believing battery swapping will prove successful. The average American drives 40 miles a day, far more than what your typical EV can already handle. As charging stations begin to proliferate more and more and charge faster and faster, the need for expensive swapping stations will go away.
The fact that China is so far ahead of so many other manufacturers in the EV space should scare legacy car brands. I always hated that the Trump administration pretty much ignored EVs and allowed China to buy up all of the mines in Africa related to EV battery material, like cobalt. A new lithium deposit was found in the US in Nevada and Oregon, but apparently even in THAT case, the largest shareholder is Chinese owned.
My prediction is that within 15 years, as EVs make up the overwhelming majority of sales, US legacy automakers will declare bankruptcy and sell off their parts to other players.
The loss/vehicle is not because production costs (parts+direct labour+factory utilisation) is higher than selling price, the problem is that other overhead costs are higher that profit from operations (indirect labour -HR, Finance, Management, R&D etc, Cost of Sales, Nio Houses, showrooms, offices) they need to sell more cars to cover the cost of operations.
Nio management I am sure assess the likely market volume, their target share of the market volume (by model), maximum production capacity, profit per car at various production capacities. If when operating at maximum production capacity the profit does not cover the operating costs and provide a healthy profit then they need to take tough action. Realistically they are unlikely to operate at maximum production capacity and as such need to break even at a much lower sales volume. They need to start getting a ROI on the battery swap and charging network (gas stations and fuel industry do not operate at a loss). Battery swap stations need to charge batteries off peak at lower costs as much as possible to allow high margin when batteries are swapped at peak periods.
“Nio, swap me or not swap me, but you are the one!”--Trinity
Wow Rivian was losing $75,000 per car, now $34,000 so did Tesla and every other BEV manufacturer to start with this is quite normal, lucid byd etc etc etc
BYD is the winner. BYD might even buy NIO in future on the cheap.
Why would anyone in the west give the PRC favors?
I took a trip to Dallas during holiday and I drove my Model Y. The super charger station was packed with people and there were cars in line to get charged. I had to wait close to one hour just to get my car to charge. May be this battery swap in a very high traffic and demand area would be beneficial, I think.
If you have to do 40 battery swaps per hour to match a gen-3 supercharger with a 2MW site supply, you'd need 4-5 battery swap stations, a large enough on-site battery inventory to do all of those swaps and enough charging capacity to get swapped-out packs back up to full before the charged stock runs out. Probably cheaper to scale site power up to 3MW and add a few extra charging stalls.
Or just buy a gasoline 1.
I call BS!
I live in Tesla densest location and have never had to wait more than 5 minutes even at rush hour. 40 minutes is unheard of.
That is not the main reason why it is beneficial The main reason is that a fixing a broken battery in a Tesla is $28 000. Good luck with the second hand value of the car once people become aware of this (it is just a matter of time).
@whodatcatt you just heard now. And it will be more of that situation as the number of EV grows. Don't flat out BS on the someone who actually experienced this...
Hmmm, Tesla had no competitive advantage.🤔 I don't think any Chinese EV maker is actually making money, Nio isn't, Xpeng isn't and BYD is probably only making money on its hybrids, I don't believe they are making money on EV's. We will wait and see what the future holds.
@11:14 XPeng is also trying to branch into flying cars to compete with Chinese company eHang.
eHang is the 1st and ONLY company in the world offering commercial flying-robo-taxi service.
It's been offering the commercial flying robotaxi service for about 2 or 3 years in the countryside in China, but has recently received the green light from Chinese authorities to operate in cities.
And XPeng is trying to branch out in that direction competing with eHang. So Volkswagen may automatically have a foot into that space!!
A Volkswagen flying car!!
Nio seems to be an innovative pet project. It seems to be the research arm of the Chinese car program! 🤫🤑😉
thank you - that was concise and informative!
Glad you enjoyed it!
Why do people think than in EU the chinese will reach 20-30% of market share- especially that EU does not value the "new tech" in the cars - but the old values like handling, reliability, etc? Actually i would think the market share for chinese cars in US will be higher then in EU. I can get a car like opel or peugeot for like 20-30 k- with good handling and reliability- why should i buy a NIO or BYD for 40k? Especually if they are EV and EU does not have a competitive charging infra- because is more expensive than diesel...
Battery swap cars faces the same problems as hydrogen cars, unless you live in a major city, where do you go to get refuelled ? For plug in charging, the electricity grid is already established, charging stations are numerous and easily accessible, and many can charge overnight in their home garages.
Battery swapping is just one of the three options, you still can charge their EV at home or at the charging station
The charging stations are accessible, which means they are out there without roof or shelter, not working, under construction, with software problems, handshake problems, provider-card-problems, with smashed screens, dead screens, smashed card slots, cut and stolen cables (for copper herders), used as parking spots and the list goes on and on...
Fix a broken battery in a Tesla, $28 000. What will that do to the second hand value of the car? ...! Which solution do you think is the most environmental ? A NIO can last forever, while a Tesla has a very limited economical lifespan. Why on earth would you not want swap or buy a car without it ?
If a location is suitable for a charging station it is also suitable for a swapping station so do one or the other. For charging stations you need at least 4 chargers to be viable as it takes hours to charge, for swapping you need only one.
I like the removable battery concept, but not rusted on to the idea of using a battery swap station. A damaged battery (accidents or cell faults, etc) would be easier to replace than other EVs (most) that does not have a swap out capability.
Remember, there is a thing called the WTO. Many international trade disputes from member states end up there for adjudication. Put up the argument and see how you go.
Cost of fixing the battery in a tesla, up to $ 28 000. What will that do to the second hand value? (You will not be allowed to drive around with a faulty battery with increased fire risk). EVs with batteries integrated in the chassis makes no sense. ... It is a stupid solution.
@@martina5328 Well it is a solution, but as you suggest it has some issues. 😀. I don’t understand the insistence in reviews that integrated packs are a great idea though, as I think they make little sense for a whole lot of practical reasons. I can’t see battery swapping as an inexpensive way of quickly getting a full charge either, although it does look to be convenient. The one caveat is trusting that the replacement pack (if previously used) through a swap station is of best quality. You are not necessarily going to know what sort of life stresses that pack has been previously subjected to, despite assurances. The concept of a removable pack remains of great interest to me, and I think it points the way to better EV outcomes than where we are currently. Cost of replacement and taking advantage of newer pack tech being two of those. Cheers.
it literally weights a metric ton...
@@NomadWalker-io3ne Yes. I can see this. I use the 0.7 rule, if thats a thing. 😀. 100kWh battery being about 700kg or 0.7ton. In all fairness, the average is probably less than this, but all battery packs are heavy. So there is that. If structural packs are less weight then removable, then I can see the advantage, but by the time they have matured someone may have solved the weight dichotomy. If its kept to less than 60kWh capacity it could be a reasonable weight anyway. I am keen to limit 60kWh max, as anything bigger triggers my concerns regarding scares natural resources. 😉. They will just have to get more efficient I guess. Just my opinion.
@@GolLeeMe even 2018 nios with like 55kwh batteries the battery pack weighed a metric ton, there's additional chasis and other elements in order for it to be swappable. the only nio that doesn't need a swap station is the ep9, you need humans to manually swap the batteries, which is why they don't really sell them beyond collectors cuz people won't be able to charge it or swap it
Neo might be regarded as a research lab instead of an automaker. The technologies might be implemented into other car companies.
Calculate the current stock price of Twitter (X) compared to what was paid for it if you want to evaluate companies based on current stock price.
Very interesting video.
Glad you enjoyed it
Don't sound as if there is much of a future for any humans as auto-workers and we just seeing the start of AI.
If Tesla can make 3 cars for every VW, future AI/robotics will be key to mass manufacturing while keeping cost low.
Going back to companies manufacturing everything in-house will reduce problems of supply-chain issues.
Ford sold 3,503 vehicles last quarter
If you are working in assembly you make 15-20 dollars an hour at Ford on average. If you are saying over 100k then you are talking about software or product engineer. Too many are talking about wages at ford as if an assembler is making 100k per year.
Nio was worth $59 per share, I know because I invested at its peak… I was trying to “Diversify” because all my friends were like, “You are crazy to be 95% in on TESLA! Diversify!!!” After years of hoping for a rebound, I feel stupid. So I sold the shares reinvested in TSLA, which is where I should have invested 100% in the first place!
I think you are making a mistake. What is the cost of fixing a broken battery in a tesla, up to $ 28 000. Who take on that risk, and what does that do to the second hand value of the car? There will be laws - you will not be allowed to drive around with a faulty battery due to increased fire risk, just as you are not allowed to drive around with a leaking gas tank. There will be laws on how EVs are scrapped and ease of recycling. Why would you buy a car with no swap if you can buy one with swap ? (you can still charge it with a cable)
Tesla is grossly over prices plus you are only need Elon to tweet something to tank the price over night 😂
peak was $66.99
VinFast stock has dropped to $6.46 based on yesterday's market close.
still has $13B market cap which is such bull crap
Currently $5.90 in pre-market today.
the market cap is still way too high for the garbage they pump out@@JoeyBlogs007
Who long did it take Tesla to become profitable……???? And China is one of it’s biggest markets.
battery swap would be a good idea if everyone worked together to make it happen. but nio doing this on their own... i am not sure this is going to work in the long term.
You will not be allowed to drive with a faulty battery (fire risk), just as you are not allowed to drive with a leaking gas tank. To fix the battery in a Tesla, recently Tesla said it was $28 000 (even though there was still warranty on the battery - they argued he had driven in the rain). What do you think this will do to the second hand value of Teslas and other non-swap EVs ?
@@martina5328 yeah its a good idea, but we live in a capitalism... This is too costly and it wont work. We shall see
@@pse2020 I would never buy an EV with the battery integrated in the chassis. And I think, with time, people will realize this. There is a clock ticking in every EV with the battery integrated in the chassis.
@@martina5328 again capitalism will force u unless governments in the world will force battery swap... Look at mobile phones..
the two sub-brands will be enough. each sub-brand is meant to sell 1 million cars a year
The question must be put- how does anyone finance huge numbers of batteries lying around all over the globe waiting for customers to pop in and swop a battery. EV manufacturers are struggling to make a profit on EVs with ONE battery - the swop out model/concept is vastly flawed
Fix a broken battery in a tesla - $28 000. Do you think that does anything to the second hand value of the car? With NIO, you swap or charge with cable. NIO can sell a tiny car with a very limited battery dirt cheap for city use. When going on vacation - swap in a huge battery. In the swap station, batteries can be charged at night (when what hour is cheap), avoid fast charging (kills the battery). Yes, financing, but why on earth would you buy a car with the battery integrated in the chassis ?
There will be less batteries per car in kWh because you are able to have a smaller battery pack for normal use and only swap a new one when you need one for longer trips.
@@Lucas-wp2ph Yes, a very nice way of putting it.
2~3% more batteries isn't a big deal lol. the cost to lease the land it sits on is more of an issue.
@@Lucas-wp2ph not to mention superchargers need batteries too, this guy is so clueless, the difference is super chargers could use cheaper less dense batteries instead.
NIO outsources car production to Jiang Huwai because China stopped issuing car manufacture license years ago. There is a news on 10/19/23 that Jiang Huwai may sell a portion to NIO so they can own their own factory.
The most plugs i see is like 2or 3 parking stations
Battery swapping is an expensive and wasteful idea... in 5 years batteries will be 50% cheaper, 50 % more dense, and 100% more rapid to charge....
I’ve noticed a difference in the editing recently, like not cutting out stumbles on words and that...personally I’m into it, feels more organic and less artificially condensed 🙂
Tesla had battery swapping a long time ago.
Sounds like we should shift our investments to the Robot manufacturers!
If Nio goes another 10 years without making a profit they will equal Tesla 17 straight years without a profit
I'll just stick with my petrol car thanks. Drive in to refuel, pay and go all in five minutes.
Tesla sold basically no cars and made no money for a long time because they were developing new tech. It would be more fair or interesting to compare with Tesla in its early years and see what's possible. I'm sure tesla had a lot of debt to begin with too.
battery swap is the only way to go to 100% green for the car industry
Proud holder 40k shares of NIO for early retirement
Any industry regardless of the country or product cannot live on endless life support. If a business doesn't turn a profit especially in our dire world economy, its going the way of the dinosaurs.
25% tariff does not equal a $25,000 tax! What are you talking about?
its clear sam never finished middle school level math lol
One has to wonder how Tesla ,virtually a new brand of 15years ,makes the best selling vehicles world wide ,best world beating technology goes further with a smaller battrie ,leads the world on self driving technology, over the air updates and further more all other OEMS are all saying that we will beat Tesla by 2026,why would any one buy sub standard other brands
Don't care. Will never be sold in my American Country.
BYD software still needs a lot of work.
Lucid lose 338,000 $ on every EV sold 😎
Loose it is doomed 😂😢
That's nothing. Stellantis got $15 billion to build a $500 million battery plant in Windsor and than came out 2 months later and said EVs are unworkable. Not enough minerals and metals and too expensive for people to buy. Buy freeze dried food and a hand pump water purifier. This won't end well.
They need better security. Have they looked in the trunk?😊
Nio make good cars, but it often lose focus in pursuit of brand premium. They waste a lot of money on luxurious dealership etc. Now they also venture into cellphone business. Frankly, it is time to fire the founder and replace him with more competent manager.
Its easy math, where did the money those companies made in decades? How much gone into automation, tooling, why are we having so many billionaires
Thanks for the information. I sold half of my NIO stocks today at a loss. I am now considering BYD or oil stocks, but the markets are really bad, so I am watching the geopolitical situation.
A really informative and interesting video mate. Thanks 👍🍻
Glad you enjoyed it
Its stupid i have a e-bike i ride then i got to charge it if i have to go anywhere i got to wait for it to charge for hours before making another trip its bull going to work to pay for your car to charge your losing money while making it
All that swapping could add to wear and tear of the battery system.
If you believe that you can charge it with a cable. Fix the battry on a Tesla - $28 000. What do you think that does to the second hand value? If you think about it, you will realize that battery integrated in the chassis is a stupid, less environmentally friendly solution. NIO can sell a tiny car with a tiny battery - then if you need to go on vacation, swap to the newest, larger battery.
☝️🤡.. my experience with advanced robotic systems is there are thousands of people in the background pulling the strings making it look like everything works by itself
Exactly. I've worked with robots for 30 years. They're more trouble than they're worth. Quality dies. Workers begin to really hate their jobs. And the morons in management and the governments giving them money think the solution is more robots. The end result is like VW. They've given up on making EVs after at least 40 billion Euro in gifts from the German government and decided to rebadge Chinese EVs. When they brought in robots the technical competency of management also left the building. The west is in terminal phase. Unless Tik Tok can put food on the table, we're done for. And these young guys on here are cheering on their own demise. They will own nothing, eat crickets and be happy.
Do u mind! I take pride in my string pulling job, and it feeds my family, whom one day will inherit my string pull legacy
China appears to have their feet firmly planted in physical reality - which results in esteem for occupations in science and engineering. Whereas the "western" US dominated states seem to be in orbit around the imagination and persuasion .. resulting in highest esteem for occupations involving money and media.
ps: do those BYD cars self-drive on and off those car carrying ships? They should.
Let go nio stock for $1000 this guy is master negative china make him lot of money