NIO STOCK RUMORS CONFIRMED - LEAKED NEWS (THIS CHANGES EVERYTHING) - NIO STOCK PRICE PREDICTION
Like And Subscribe!
Sources:
https://cnevpost.com/2021/06/10/nios-...
https://cnevpost.com/2021/06/11/nios-...
NIO stock has been on fire lately, of course we still have some way to go before we reach the 60 dollar mark again but we are really not that far away. And now on today’s 7% rally things are really starting to heat up. The drop NIO saw these recent months was really without any TRUE REASON other than a market rotation from growth to value, and perhaps supply chain concerns when it comes to the semiconductor shortage. ON THE OTHER HAND the massive rally we are seeing now is actually for GOOD REASON. The past days we have seen plenty of great announcements coming from NIO and Xpeng and just today they confirmed the rumors about CREATING an entire sub brand targeting the lower-end EV market. Let’s also talk about the latest news on their second factory as well as what I am personally doing with my NIO stock. Guys make sure to watch all the way so you don’t miss anything.
So first of all I haven’t been very inactive on youtube these past weeks but that doesn’t mean that I’m not investing anymore. I have been holding my NIO stock and I am even in the green right now since I got in before the run last year, as well as on this crazy dip we have seen. We are actually up a crazy 50% from the lows NIO stock had around a month ago. Looking at the chart it seems like the 45 dollar levels are crucial to break as there isn’t much overhead resistance past that. But of course no one can see into the future so we will have to just wait and see, I will happily keep buying the dip regardless. The 30 dollar levels were just RIDICULUOS THOUGH, and it was an ABSOLUTE BARGAIN in my opinion. Imagine absolutely nothing changing about a company while its stock drops to HALF ITS MARKET CAP.
In fact we have seen some great updates coming out from NIO and they seem to keep up with their delivery projections just fine. Of course they are capped right now due to their limited factory capacity but even with these production numbers they still have the top selling electric SUVs in China right now. And now just yesterday CEO of NIO, William Li announced that NIO’s second factory in Hefei has begun construction and the production is scheduled for the third quarter of next year. This might seem like a long time but this kind of scaling is not an easy feat and with NIO being this far AHEAD ON THEIR SECOND factory they are already in a great position to dominate the world's largest electric vehicle market. With their current factory I can see NIO hovering around the 100 000 delivery mark in 2021 and now this second factory is expected to have an annual capacity of 1 million vehicles so the deliveries will just skyrocket and if they STILL MANAGE TO REACH MAX CAPACITY after that, NIO Stock would be in the multiple hundreds of dollars.
I’m sure I will go into the details of this second factory in some other video because there is alot to talk about, but for now let's move on to rumors about NIO releasing a new brand now getting confirmed. Tech planet’s report today revealed that NIO is assembling a team internally to secretly create a new lower-end sub-brand that will target a new market, being priced around 31 300 dollars. As of right now NIO is the only local Chinese brand that has a firm foothold in the high-end market where it selling for AT LEAST 56 thousand dollars and in the cheapest possible scenario where customers decide to go for the battery rental service If customers opt for its BaaS battery rental service, the barrier to purchase is still a hefty 45 000 dollars. It is obviously going well but it can be very beneficial for NIO to use the momentum and brand awareness they have in the high end market to get exposure to a different market.