NIO losing 100k yuan per car

25/11/2024 7 min

Listen "NIO losing 100k yuan per car"

Episode Synopsis

NIO's latest Q3 numbers have raised some eyebrows. Are the risks too great, or is this just part of their long-term strategy? In this episode of Courtside Financial, we break down the challenges, the opportunities, and why I’m still bullish on NIO despite the hurdles. 🚀

Key Topics Covered:

NIO’s Q3 revenue and per-car losses 📉
Comparison with XPeng and Li Auto 🚙
Massive infrastructure investments in battery swap stations 🔋
The impact of R&D and sales expenses on profitability 🧪
NIO's position in the premium EV market 💎
How Onvo, NIO's sub-brand, could change the game 🎯
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