Had to check this fact again because it's so incredible. So, according to the venerable NYT, "By some estimates, more than 300 Chinese companies are making E.V.s, ranging from discount offerings below $5,000 to high-end models that rival Tesla and German automakers." Another source cites 94 brands building 300 models. At any rate, there are more Chinese EV options than you can shake a chopstick at.
@@LovesHighGround Most of the world's biggest most successful auto companies disagree that battery swap stations are the future. It is not "fundamental," and it is a tiny minority of cars right now. We have a video coming out on this topic exactly so stay tuned. Hoping that it will be is different from the reality we see today.
@@joepiv That's appeal to the masses fallacy. I don't care what other automakers are saying or doing. It makes sense. Time will tell. Looking forward to the video!
Thank you for the good research and information. I am heavily invested and totally annoyed with my decision to get into this stock at the higher evaluations . Currently at around $27 and 2700 shares not loving it but no choice. Holding long
You are quite welcome. If you believe in the company, then holding long makes sense. As long as they don't go bancrupt, they should eventually grow large enough such that the share price recovers because the intrinsic value of the underlying company will rise over time. Our main point of contention surrounds the battery swapping business model which we'll cover next video. Subscribe to be notified ;) th-cam.com/users/nanalyze
@@Nanalyze the battery, swapping technology and patents are a big reason I invested because I do believe in that. I feel like that allows this company to stand out and be unique by offering multiple options for consumers to use the products. I hope someday to see swap stations in America and , I feel like there’s a huge business behind the concept.
@P G We're skeptical because so many other EV firms didn't see swappable for cars as viable (scooters might be a different story, see Gogoro). The saving grace here might be the CCP pushing the swapping model. More on that in our coming video :)
@@Nanalyze I feel like swapping could work for anything. It’s like my power tools. I have a multi bank battery charger so there’s always one available when my tool dies. It’s the same concept . Hopefully the government does push it and it works with flying colors because the proof is in the pudding.
@@Phil-G1075 Sure, it's better for the consumer, but it comes down to the economics for investors. For NIO, there is a problem with how they're doing the accounting on all those swap stations. Stay tuned.
Not sure about underlying tech but we do know about performance and price. If you’re choosing the battery ‘leasing’ option, you’ll need to pay a fixed CNY 980 per month ($141.78 USD) for 70KWH battery pack or CNY 1480 per month ($214.12) for 100KWH pack.
I don't see much point in battery exchange stations, but a red light turned on for me. If someone uses fast charging too often, their battery will degrade faster. So here the battery replacement option in ground stations makes more sense.
Good point. Battery degradation is something that was raised. But then just make the battery easy replaceable as a one-time event, then that will increase the lifespan of vehicles. We actually have no idea how easy it is to replace a Tesla battery (even possible?) or how quickly owners start to notice degradation. Good topic.
The one thing I could not understand from what I understood from any of the car makers until now is why swappable batteries were not the main selling point for an EV. Swapping the batteries makes perfect sense and is the immediate future until a way is found to charge an EV in less time than it takes to fill up with gas. NIO is on the right track there.
Intuitively you would think so, but there's a reason nearly all industry player evaluated that option thoroughly and decided it wasn't the way forward.
@@NanalyzeI understand your point; however, despite logistics, manufacturing, and materials being major reasons for not pursuing the exchangeable option, the time it takes to download energy into an EV means that many, like myself, will be delaying the switch and holding onto gas vehicles until the technology for EV energy download significantly improves. In today's world, where time is money, it is not enough to just be green; it also has to make personal economic sense. Additionally, the idea that these vehicles will literally be collecting personal information from owners and all passengers who ride in them or are passed by these cars for big businesses and governments is becoming a decisive issue for potential owners. At this time, the pros and cons of EVs do not look favourable. Analogue autos will likely remain in use for some time until EVs are worth adopting on a larger scale, I believe.
Compliments will get you everywhere ;) Block is a popular stock, but our queue is pretty long right now on topics. Will add this to the queue for review. Note we did cover the major payments providers last year: th-cam.com/video/2KwTXocxKs8/w-d-xo.html
Great video. Under these circumstances Nio's stock price certainly cannot be predicted and is ahead of more volatility. I have a small position, but I consider it pure speculation. I would not recommend holding this stock for long term, since the competition in China is so intense that any company can go bankrupt from a day to another.
Cheers for the feedback Levente! Always invest in companies, not stocks. The competition is quite intense indeed, but we think it comes down to whether battery swapping is a competitive advantage. Please make sure to subscribe for the second video where we cover that topic in depth: th-cam.com/users/nanalyze
Thanks for the information on Chinese EV'S. I will review my ev stocks based on your data. I think GM and BYD stocks looks interesting and may reduce NIO positions until they can further penetrate markets in China and Europe.
Glad you found the information useful! Diversification and risk management should never be ignored. How large is your NIO position in terms of your overall portfolio? Would you still be comfortable if (worst case scenario) that position went to $0? Not trying to scare you, it's just my financial planning background showing :) It couldn't hurt to set some rules for investing to help you decide when to buy, sell, or increase your position in a stock. Regardless, I think trimming some NIO and waiting to see how their international expansion goes is a perfectly fine idea. At the end of the day, it comes down to your appetite for risk. -Wyatt C.
Gonna drop an Easter egg factoid here for those who find as much value in reading comments as we do. So, apparently NIO made some owners unhappy with price cuts on certain new vehicles they're planning to release. We confirmed this with the oh-so-endearing NIO sales lady, Denny, who covered her face, giggled a bit, and agreed with our assessment. Point is, they need to be very careful about how they're responding to lower cost options like BYD's Song series. Maybe they need to stick with selling Veblen goods.
Do all known brands of electric cars have an autonomous remote control for self-driving? Is this an advantage of NIO over other brands? Nio is a bit expensive, but they are the prettiest electric cars
Good point. Autonomy is a key factor in NIO's value proposition. The extent to which it provides a competitive advantage over other brands today is a good question. To be honest, lots of Chinese EVs are pretty, though the NIO does stand out as being more refined. Delving into the progress of Chinese car autonomy is probably a great rabbit hole for another video.
@@Nanalyze You can buy a lot of nice Chinese cars for under $20,000, but the introduction of full autopilot should give you a huge competitive advantage. Nio cars have a very nice design. Minimalist, exclusive look of the car interior. The only downside I see today is the cars are a bit too expensive. I am an investor and I believe in this company.
That's really great to hear! We're pushing the "please subscribe" message hard because this channel needs to grow for it to be worth our while. We really appreciate the patronage and support. Part two might be out as early as Friday morning USA time.
I fully expect next generation EVs from Tesla and BYD to recharge to 80% in around 15 minutes, and Hyundai already has cars recharging in 18 minutes. Superchargers/rapid chargers from other companies cost far less than a battery swap station, so they will always be far more numerous than swap stations. I think fifteen minute charging times and far more numerous locations will eliminate any perceived advantage of the Nio strategy, especially given that swapping charges have to be significantly higher than charging prices. With Tesla also a luxury brand, and one cutting prices by a lot, and Nio at a huge scale of production disadvantage, I still fail to see future prospects for ever reaching profitability for Nio, and this has been my view since the Nio IPO.
Well the point is, if you don't own the battery, you have free hassle. You have access to new technology, your battery does not degradade...so the charging time for me it's the least of the advantages
@@GM-lq7sw yes, a free hassle, indeed. The last thing I would do when buying an EV from a startup that very well might go bankrupt at some point is not own the battery pack. So three years from now, my car may become a huge door stop because the assets of the company are frozen, including the battery pack in my car, in bankruptcy court? What if the new owner of the battery pack in my car decides they want to repurpose all the packs they own, leaving my car without a battery pack? Slight convenience, huge risk, I would pass.
@@tribalypredisposed still you will have the battery in your car. You can charge it. Remember something China and all companies are basically connected to the government and in 2014 Xi saw the opportunity hence...things can go wrong of course but...not sure until what point. Me, I will buy one once available
@@tribalypredisposed Fast chargers destroy car batteries. Imagine how long the battery used to charge? Do you think all this has no effect on battery life?
Are you aware that NIO said they''ll be profitable by Q4 2023 and first annual profitable year will be in 2024. Therefore the fact that they have enough cash to last for another year or two is more than enough.
There's still a risk that they won't be able to achieve profitability as soon as expected, especially as their margins continue to be squeezed. It's always worth looking at runway for a business that is unprofitable, at least until they've actually shown they can achieve profitability.
That's certainly a factor to consider from a number of perspectives. As Buffet said, invest in companies, not stocks. From our perspective the VIE structure risk would outweigh forex risks for foreign investors.
Great question. We have China exposure via regional funds domiciled in HK. As for picking stocks, we avoid VIE structures, so all Chinese tech stocks are off the table. H shares are a different story, so you'll definelty want to watch our BYD video coming soon.
The swappable battery just doesn't feel like it would ever take off as a concept. Unless there is going to be a universal modular battery the number of battery swap stations would never be enough. Also how often do EVs need fully charging? The ideal average EV would have sufficient capacity to last an entire day, and be recharged at home overnight. How long before fast chargers and higher capacity batteries offering longer ranges ensures that the short window of opportunity for swappable batteries disappears completely?
A swappable battery will increase the lifespan of a vehicle. NIO charging is 40-50 minuutes while swap is five minutes. However, swap stations need to hold a large inventory of batteries. They also need to be utilized optimally to be economical. You raise a good point about how fast charging might erode the swappable battery advantage very quickly. NIO offers owners 4 free swaps a month if you take home a charger, 6 if you don't, but they don't include this in COGS because the swapping service is run by another company. It's a topic we'll discuss in great detail next video.
@@Nanalyze Maybe for commercial semitrucks there may be a benefit, but I don't see it for cars. The range anxiety that people have with EVs is often not warranted as for the majority of people their daily drive is well within the daily limits. Because battery swap stations are going to have to be "specialised", by their sheer nature there will be less of them and even if they become popular they will then suffer from queues which will negate their benefit. Battery swap centres will also need to be trusted, no one is going to want to drive in to some small independent battery swap centre and run the risk of swapping a near new battery for one that has been heavily recycled. As for the warranty issues, that is just a mine field wating to be walked through. ICE drivers enjoy a plethora of independent, franchised and own-brand fuel stations that makes refuelling a non-issue. EV recharging is on the cusp of being considered omnipresence, battery replacement centres are probably always going to be as scarce as hydrogen fuelling stations, with people having to go well out of their way to find one. There is a good argument for the hydrogen fuel cell but one thing against it is the lack of hydrogen refuelling infrastructure, the same and worse for battery swaps. For remote parts of any country, there is going to be no incentive to invest in a battery swap recharging centre and they are the precise locations where range anxiety is valid. Someone needs to put on a pair of reality glasses and realise battery swap's window of viability if not closed already, will be closed by the end of this year. If a vehicle's success is based on battery swapping becoming popular it is going to fail.
Thank you for spelling out some great arguments as to why battery swapping may not be the way forward, not to mention the vast majority of electric car companies didn't go that direction. You might be interested in our past piece on the hydrogen economy: th-cam.com/video/xmW4q8CJku4/w-d-xo.html
What exactly would you consider substantial? Or, "substancial", as you said? I'd be surprised if you truly watched the whole video and found nothing about the risks behind the company's VIE structure, the details surrounding their retail location, their business model, their financials, their competition, or their battery swapping platform to be insightful. It sounds like you must be quite the expert on NIO already ;) -Wyatt C.
the swap is to stupid go with elon musk charger family build together and all use it . otherwise not good . nio need to take away the swap battery charging is already fast, the amount of space you need for one car swab is to big, charging and battery getting better and better. swaping will get unessasery in future
Like we said, it will either make or break them. Sometimes a genius idea sounds stupid at first. But sometimes it's just a stupid idea. Time will tell.
Nobody like NIO ev cars, nobody like expensive EV chinesse cars, nobody like suscriptions to swaps stations. Nobody understand concept Niohouse, Niolife,...and marketing to pump the brand is inexistent.
@MPHOCIO So the financial system is a scam because people don't understand the notion of intrinsic value? And in related news, you think the price should be between $0 and $15? Any reasoning behind that tight range you've offered up?
@MPHOCIO There are plenty of people driving NIO cars in Shanghai, plenty of people in the showrooms, plenty of people in the NIO house we visited. Yes, you are right that people probably don't understand the brand. We do share some of your skepticism about the durability of this brand, but you'll have to wait for part two of this video series to understand where we think the major flaws might be. ;)
Would be very grateful for some color from our friends in China. People keep saying "Blue Sky Coming." What we can glean is that this is A) some mediocre fashion concept that involves recycling cars and turning them into clothes and/or B) a massive plan for charging infrastructure across China. Is it a, a +b, or none of the above? Thank you for any color anyone can provide on the excitement of Blue Sky Coming!
And if they've promised something grand to owners, maybe they should hold off on the Norway expansion plans until the domestic to-dos have been completed.
![[LIVE] : ONE ลุมพินี 85 | คู่เอก "ยอดเหล็กเพชร vs ผึ้งหลวง"](http://i.ytimg.com/vi/Qq_19bnnxEo/mqdefault.jpg)
Make sure to subscribe so you don't miss our next NIO video on battery swapping. 🔋
th-cam.com/users/nanalyze
Over 300 China Auto Brands .... wow .... Thank You !!!
The Chinese EV market has gone absolutely nuts.
Had to check this fact again because it's so incredible. So, according to the venerable NYT, "By some estimates, more than 300 Chinese companies are making E.V.s, ranging from discount offerings below $5,000 to high-end models that rival Tesla and German automakers." Another source cites 94 brands building 300 models. At any rate, there are more Chinese EV options than you can shake a chopstick at.
NIO is building an empire and a unique culture behind its all-electric vehicle brand. Blue Sky Coming.
Empire is a pretty strong word. BYD is building an empire. NIO is building a niche culture.
Like all of them
@@Nanalyze Battery Swap Stations are the future. The separation of battery and car is fundamental. That empire is expanding.
@@LovesHighGround Most of the world's biggest most successful auto companies disagree that battery swap stations are the future. It is not "fundamental," and it is a tiny minority of cars right now. We have a video coming out on this topic exactly so stay tuned. Hoping that it will be is different from the reality we see today.
@@joepiv That's appeal to the masses fallacy. I don't care what other automakers are saying or doing. It makes sense. Time will tell. Looking forward to the video!
Excellent video. Thank you. GO NIO !
No cheerleading please. Glad you enjoyed the video and stay tuned for the next one!
Thank you for the good research and information. I am heavily invested and totally annoyed with my decision to get into this stock at the higher evaluations . Currently at around $27 and 2700 shares not loving it but no choice. Holding long
You are quite welcome. If you believe in the company, then holding long makes sense. As long as they don't go bancrupt, they should eventually grow large enough such that the share price recovers because the intrinsic value of the underlying company will rise over time. Our main point of contention surrounds the battery swapping business model which we'll cover next video. Subscribe to be notified ;) th-cam.com/users/nanalyze
@@Nanalyze the battery, swapping technology and patents are a big reason I invested because I do believe in that. I feel like that allows this company to stand out and be unique by offering multiple options for consumers to use the products. I hope someday to see swap stations in America and , I feel like there’s a huge business behind the concept.
@P G We're skeptical because so many other EV firms didn't see swappable for cars as viable (scooters might be a different story, see Gogoro). The saving grace here might be the CCP pushing the swapping model. More on that in our coming video :)
@@Nanalyze I feel like swapping could work for anything. It’s like my power tools. I have a multi bank battery charger so there’s always one available when my tool dies. It’s the same concept . Hopefully the government does push it and it works with flying colors because the proof is in the pudding.
@@Phil-G1075 Sure, it's better for the consumer, but it comes down to the economics for investors. For NIO, there is a problem with how they're doing the accounting on all those swap stations. Stay tuned.
Looking forward to your battery swap video. I imagine, NIO has a few different types of battery types, some LFP, some Nickle based.
Not sure about underlying tech but we do know about performance and price. If you’re choosing the battery ‘leasing’ option, you’ll need to pay a fixed CNY 980 per month ($141.78 USD) for 70KWH battery pack or CNY 1480 per month ($214.12) for 100KWH pack.
one of the best videos i have seen on this company
Great to hear! Be sure to watch the second NIO video: th-cam.com/video/rYmqkKu6aMY/w-d-xo.html
thank you very much
You're quite welcome! Thanks for stopping by.
I don't see much point in battery exchange stations, but a red light turned on for me. If someone uses fast charging too often, their battery will degrade faster. So here the battery replacement option in ground stations makes more sense.
Good point. Battery degradation is something that was raised. But then just make the battery easy replaceable as a one-time event, then that will increase the lifespan of vehicles. We actually have no idea how easy it is to replace a Tesla battery (even possible?) or how quickly owners start to notice degradation. Good topic.
The one thing I could not understand from what I understood from any of the car makers until now is why swappable batteries were not the main selling point for an EV. Swapping the batteries makes perfect sense and is the immediate future until a way is found to charge an EV in less time than it takes to fill up with gas. NIO is on the right track there.
Intuitively you would think so, but there's a reason nearly all industry player evaluated that option thoroughly and decided it wasn't the way forward.
@@NanalyzeI understand your point; however, despite logistics, manufacturing, and materials being major reasons for not pursuing the exchangeable option, the time it takes to download energy into an EV means that many, like myself, will be delaying the switch and holding onto gas vehicles until the technology for EV energy download significantly improves. In today's world, where time is money, it is not enough to just be green; it also has to make personal economic sense. Additionally, the idea that these vehicles will literally be collecting personal information from owners and all passengers who ride in them or are passed by these cars for big businesses and governments is becoming a decisive issue for potential owners. At this time, the pros and cons of EVs do not look favourable. Analogue autos will likely remain in use for some time until EVs are worth adopting on a larger scale, I believe.
@@roboldx9171 Don't disagree with your conclusion and reasoning behind it.
Great presentation
Really appreciate the feedback!
Very informative, thanks.
Cheers for the feedback!
I already purchased 7 shares for this company next month, purchasing another 7 shares.
Dollar cost averaging is the way forward
Hi. Can you do a Block (SQ) Stock analysis? Love your content.
Compliments will get you everywhere ;) Block is a popular stock, but our queue is pretty long right now on topics. Will add this to the queue for review. Note we did cover the major payments providers last year: th-cam.com/video/2KwTXocxKs8/w-d-xo.html
Thanks for the nice reports.
You're quite welcome!
I read about the Chinese EV market crashing (~90%) and think you should consider a follow up to whether the next Tesla would speak Chinese.
You read something so that means we should rethink the witty comment we made. Got it. ;)
Okay we'll bite. TH-cam doesn't allow links, but what's the source and what did you read?
Great video. Under these circumstances Nio's stock price certainly cannot be predicted and is ahead of more volatility. I have a small position, but I consider it pure speculation. I would not recommend holding this stock for long term, since the competition in China is so intense that any company can go bankrupt from a day to another.
Cheers for the feedback Levente! Always invest in companies, not stocks. The competition is quite intense indeed, but we think it comes down to whether battery swapping is a competitive advantage. Please make sure to subscribe for the second video where we cover that topic in depth: th-cam.com/users/nanalyze
Thanks for the information on Chinese EV'S.
I will review my ev stocks based on your data.
I think GM and BYD stocks looks interesting and may reduce NIO positions until they can further penetrate markets in China and Europe.
Glad you found the information useful! Diversification and risk management should never be ignored. How large is your NIO position in terms of your overall portfolio? Would you still be comfortable if (worst case scenario) that position went to $0? Not trying to scare you, it's just my financial planning background showing :) It couldn't hurt to set some rules for investing to help you decide when to buy, sell, or increase your position in a stock. Regardless, I think trimming some NIO and waiting to see how their international expansion goes is a perfectly fine idea. At the end of the day, it comes down to your appetite for risk. -Wyatt C.
great content.
Thank you for the feedback and encouragement!
Gonna drop an Easter egg factoid here for those who find as much value in reading comments as we do. So, apparently NIO made some owners unhappy with price cuts on certain new vehicles they're planning to release. We confirmed this with the oh-so-endearing NIO sales lady, Denny, who covered her face, giggled a bit, and agreed with our assessment. Point is, they need to be very careful about how they're responding to lower cost options like BYD's Song series. Maybe they need to stick with selling Veblen goods.
Do all known brands of electric cars have an autonomous remote control for self-driving? Is this an advantage of NIO over other brands? Nio is a bit expensive, but they are the prettiest electric cars
Good point. Autonomy is a key factor in NIO's value proposition. The extent to which it provides a competitive advantage over other brands today is a good question. To be honest, lots of Chinese EVs are pretty, though the NIO does stand out as being more refined. Delving into the progress of Chinese car autonomy is probably a great rabbit hole for another video.
@@Nanalyze
You can buy a lot of nice Chinese cars for under $20,000, but the introduction of full autopilot should give you a huge competitive advantage. Nio cars have a very nice design. Minimalist, exclusive look of the car interior. The only downside I see today is the cars are a bit too expensive. I am an investor and I believe in this company.
@@robsonbobson8824 The battery swapping model - which 99% of other car companies opted not to pursue - will make or break NIO. Stay tuned.
Love you videos. Been subscribed for over 6 months now.
But when is part 2 coming? Looking forward to it
That's really great to hear! We're pushing the "please subscribe" message hard because this channel needs to grow for it to be worth our while. We really appreciate the patronage and support. Part two might be out as early as Friday morning USA time.
NIO cares its customers so much that increasing extra cost is inevitable.
That's a concern from an investor's perspective.
I fully expect next generation EVs from Tesla and BYD to recharge to 80% in around 15 minutes, and Hyundai already has cars recharging in 18 minutes. Superchargers/rapid chargers from other companies cost far less than a battery swap station, so they will always be far more numerous than swap stations. I think fifteen minute charging times and far more numerous locations will eliminate any perceived advantage of the Nio strategy, especially given that swapping charges have to be significantly higher than charging prices.
With Tesla also a luxury brand, and one cutting prices by a lot, and Nio at a huge scale of production disadvantage, I still fail to see future prospects for ever reaching profitability for Nio, and this has been my view since the Nio IPO.
Well the point is, if you don't own the battery, you have free hassle. You have access to new technology, your battery does not degradade...so the charging time for me it's the least of the advantages
This is a great point, and it's exactly why we said the battery swapping platform will either make or break them.
@@GM-lq7sw yes, a free hassle, indeed. The last thing I would do when buying an EV from a startup that very well might go bankrupt at some point is not own the battery pack. So three years from now, my car may become a huge door stop because the assets of the company are frozen, including the battery pack in my car, in bankruptcy court? What if the new owner of the battery pack in my car decides they want to repurpose all the packs they own, leaving my car without a battery pack?
Slight convenience, huge risk, I would pass.
@@tribalypredisposed still you will have the battery in your car. You can charge it. Remember something China and all companies are basically connected to the government and in 2014 Xi saw the opportunity hence...things can go wrong of course but...not sure until what point. Me, I will buy one once available
@@tribalypredisposed Fast chargers destroy car batteries. Imagine how long the battery used to charge? Do you think all this has no effect on battery life?
There maybe another advantage to battery swap and that is the ability to upgrade as technology improves thereby increasing the life of the car.
Agree. It's why phone makers got rid of removable batteries.
Are you aware that NIO said they''ll be profitable by Q4 2023 and first annual profitable year will be in 2024. Therefore the fact that they have enough cash to last for another year or two is more than enough.
There's still a risk that they won't be able to achieve profitability as soon as expected, especially as their margins continue to be squeezed. It's always worth looking at runway for a business that is unprofitable, at least until they've actually shown they can achieve profitability.
@@Nanalyze let’s see Q3 if they can come close
💰
This turned out to be one of our most popular pieces
In my opinion it is more about dollar vs rinminbi and not about how "good" NIO is.
That's certainly a factor to consider from a number of perspectives. As Buffet said, invest in companies, not stocks. From our perspective the VIE structure risk would outweigh forex risks for foreign investors.
@@Nanalyze Another question, is there any chinese stock right now that shines?
Great question. We have China exposure via regional funds domiciled in HK. As for picking stocks, we avoid VIE structures, so all Chinese tech stocks are off the table. H shares are a different story, so you'll definelty want to watch our BYD video coming soon.
The swappable battery just doesn't feel like it would ever take off as a concept. Unless there is going to be a universal modular battery the number of battery swap stations would never be enough. Also how often do EVs need fully charging? The ideal average EV would have sufficient capacity to last an entire day, and be recharged at home overnight. How long before fast chargers and higher capacity batteries offering longer ranges ensures that the short window of opportunity for swappable batteries disappears completely?
A swappable battery will increase the lifespan of a vehicle. NIO charging is 40-50 minuutes while swap is five minutes. However, swap stations need to hold a large inventory of batteries. They also need to be utilized optimally to be economical. You raise a good point about how fast charging might erode the swappable battery advantage very quickly. NIO offers owners 4 free swaps a month if you take home a charger, 6 if you don't, but they don't include this in COGS because the swapping service is run by another company. It's a topic we'll discuss in great detail next video.
@@Nanalyze Maybe for commercial semitrucks there may be a benefit, but I don't see it for cars.
The range anxiety that people have with EVs is often not warranted as for the majority of people their daily drive is well within the daily limits.
Because battery swap stations are going to have to be "specialised", by their sheer nature there will be less of them and even if they become popular they will then suffer from queues which will negate their benefit.
Battery swap centres will also need to be trusted, no one is going to want to drive in to some small independent battery swap centre and run the risk of swapping a near new battery for one that has been heavily recycled.
As for the warranty issues, that is just a mine field wating to be walked through.
ICE drivers enjoy a plethora of independent, franchised and own-brand fuel stations that makes refuelling a non-issue.
EV recharging is on the cusp of being considered omnipresence, battery replacement centres are probably always going to be as scarce as hydrogen fuelling stations, with people having to go well out of their way to find one.
There is a good argument for the hydrogen fuel cell but one thing against it is the lack of hydrogen refuelling infrastructure, the same and worse for battery swaps.
For remote parts of any country, there is going to be no incentive to invest in a battery swap recharging centre and they are the precise locations where range anxiety is valid.
Someone needs to put on a pair of reality glasses and realise battery swap's window of viability if not closed already, will be closed by the end of this year. If a vehicle's success is based on battery swapping becoming popular it is going to fail.
Thank you for spelling out some great arguments as to why battery swapping may not be the way forward, not to mention the vast majority of electric car companies didn't go that direction. You might be interested in our past piece on the hydrogen economy: th-cam.com/video/xmW4q8CJku4/w-d-xo.html
@@martincday007 Thank you very much for taking the time to articulate your thoughts as that's beneficial for everyone who drops by.
Well, Blue Skies is coming. What nio says for now is that it's Grey skies.
Shanghai's skies are pretty clear these days.
Don't want to be rude but there's nothing substancial in your 15 min video. This ain't a deep dd at all. Maybe in part 2?
What exactly would you consider substantial? Or, "substancial", as you said? I'd be surprised if you truly watched the whole video and found nothing about the risks behind the company's VIE structure, the details surrounding their retail location, their business model, their financials, their competition, or their battery swapping platform to be insightful. It sounds like you must be quite the expert on NIO already ;) -Wyatt C.
the swap is to stupid
go with elon musk charger family build together and all use it . otherwise not good . nio need to take away the swap battery
charging is already fast, the amount of space you need for one car swab is to big, charging and battery getting better and better. swaping will get unessasery in future
Like we said, it will either make or break them. Sometimes a genius idea sounds stupid at first. But sometimes it's just a stupid idea. Time will tell.
Trash stock down 90% from all time high every TH-camr still trying to hype the stock wait for the $4
Trash stock how? Just because it's hyped? Arbitrary price targets don't mean much. How do you arrive at $4?
NIO´s share has beem a scam of financial system...90% down, pumpers youtubers did a good job. Price NIO ADR stock is between 0$ to 15$
Nobody like NIO ev cars, nobody like expensive EV chinesse cars, nobody like suscriptions to swaps stations. Nobody understand concept Niohouse, Niolife,...and marketing to pump the brand is inexistent.
@MPHOCIO So the financial system is a scam because people don't understand the notion of intrinsic value? And in related news, you think the price should be between $0 and $15? Any reasoning behind that tight range you've offered up?
@MPHOCIO There are plenty of people driving NIO cars in Shanghai, plenty of people in the showrooms, plenty of people in the NIO house we visited. Yes, you are right that people probably don't understand the brand. We do share some of your skepticism about the durability of this brand, but you'll have to wait for part two of this video series to understand where we think the major flaws might be. ;)
will nio stock ever recover??? my average 48(((
We've posed this question to our Romanian fortune teller who will relay her thoughts to you via telekinesis some time next week.
Blue Sky are coming , when ????? More than 2 years you guys keep on saying that,and never happened !!!!!
Would be very grateful for some color from our friends in China. People keep saying "Blue Sky Coming." What we can glean is that this is A) some mediocre fashion concept that involves recycling cars and turning them into clothes and/or B) a massive plan for charging infrastructure across China. Is it a, a +b, or none of the above? Thank you for any color anyone can provide on the excitement of Blue Sky Coming!
And if they've promised something grand to owners, maybe they should hold off on the Norway expansion plans until the domestic to-dos have been completed.