$NIO-SW(09866)$ What a vast contrast between Nio nad XPeng. Onvo delay the production due to unable to get the batteries from BYD on time and looking for CATL to supply the shortage. XPeng P7 + is better luck with the supplier willing to start another new battery line to cater for XPeng extraordinary high demand on P7+. [Cry] Due to the model's sales exceeding expectations, Eve Energy added one battery cell production line for the P7+ one month after the model's launch, according to the blogger. The battery maker may add two additional battery cell lines for the P7+ next month to support production and delivery of the model, the blogger said, citing Eve Energy's management. Xpeng launched the P7+ on November
$NIO Inc.(NIO)$ The head of Nio Inc (NYSE: NIO) sub-brand Onvo has re-emphasized that delivery target will be met this month, after weekly figures showed deliveries remained slow last week. Onvo's deliveries will ramp up this month, with more than 10,000 vehicles sure to be delivered in December, the brand's president Alan Ai said today in a post on the Onvo App.
$NIO Inc.(NIO)$ The company registered 29 vehicles in Germany in November, according to data shared by the German Federal Motor Transport Authority earlier this month. The Shanghai-based manufacturer, which entered the German market in October 2022, has registered a total of 367 vehicles in the country this year. So miserable sales number in Germany.
$NIO Inc.(NIO)$ Nio is good for trading. 4.50 is the middle level for the price to fluactuate up and down. By this week I think Nio can hit above 5.00. Anyway this is what I think. See whether it can hit 5.00 again. not a buy or sell but just my instinct only.
$XPeng Inc.(XPEV)$ Barclays analyst Jiong Shao maintained a Sell rating on XPEV and set a price target of $7, which is significantly below the stock's current trading price.
$NIO Inc.(NIO)$ Dec 2024 Government subsidy will end. Those customers unable to get the Onvo L60 maybe will cancel their order if they cant enjoy the subsidy in 2025. This will affect Nio next year sales.