China’s New National EV Battery Swap Standard Is Great News for Nio Stock

InvestorPlace2021-05-13

New safety regulations governing BaaS are good news for NIO stock. Chinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...

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Comment（27）

orrox
·2021-05-14
Support
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JQ62
·2021-05-14
Pls comments
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- gum:
  sure
  2021-05-14
  Reply
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xnicx
·2021-05-14
Good
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Stylerz
·2021-05-14
力挺到底
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1
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- orrox:
  support
  2021-05-14
  Reply
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JuniorShiba
·2021-05-14
Pls comment.
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1
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- JuniorShiba:
  Thanks
  2021-05-14
  Reply
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- Jher:
  Here you go please respond back
  2021-05-14
  Reply
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SherryYo
·2021-05-14
Pls like
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2
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YiiYii
·2021-05-14
Bad week for Nio...comment, please.
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5
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- YiiYii:
  Indeed... [喷血]
  2021-05-14
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- Stylerz:
  bad week for almost everything
  2021-05-14
  Reply
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rayhky
·2021-05-14
Sound like not a good news
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1
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ponyinvestor
·2021-05-14
Hmm
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3
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- okkar:
  :)
  2021-05-14
  Reply
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- MacanTrader李明章:
  ok
  2021-05-14
  Reply
  Report
WayneLee
·2021-05-14
Buy the dips and give the company a few years to grow
Reply
1
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SKLow
·2021-05-14
Please like and comment.Tq
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5
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- Glenna:
  ok pls help the same
  2021-05-14
  Reply
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- WayneLee:
  Sure
  2021-05-14
  Reply
  Report
Fionfion82
·2021-05-14
Pls like and comment
Reply
4
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- WayneLee:
  Sure
  2021-05-14
  Reply
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- PapaSierraK:
  ok
  2021-05-14
  Reply
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- Fuzzyfuzzy:
  Ok ay
  2021-05-14
  Reply
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Rbj
·2021-05-14
To the moon!
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Horsepeter
·2021-05-14
Pls help to like
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2
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Jassss
·2021-05-14
China EV is coming
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- Jassss:
  Yeah
  2021-05-14
  Reply
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- JFK23:
  Just buy some Battery stock
  2021-05-14
  Reply
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Jessieping
·2021-05-14
Haiz nio
Reply
3
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- hwhw123:
  good morning
  2021-05-14
  Reply
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hwhw123
·2021-05-14
Like and comment please
Reply
2
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- Jassss:
  Comment back pls
  2021-05-14
  Reply
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Anntatkuah
·2021-05-14
Sure
Reply
4
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EKTech
·2021-05-14
Nio no power to rise like its car
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3
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- EKTech:
  Keep in fridge
  2021-05-15
  Reply
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- Winner168:
  Just go long and hope for the best
  2021-05-15
  Reply
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- xemrunx:
  Sucks to have ev stocks now.
  2021-05-14
  Reply
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HKhin
·2021-05-14
Drag by ev dump
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Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","article_id":"1139650826","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","pubTimestamp":1620918825,"columns":[],"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来"},"translate_title":"我国电动汽车换电池新国标对蔚来股票是个好消息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0.9},"content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":198622561,"gmtCreate":1620956760353,"gmtModify":1704351091241,"author":{"id":"3566183313072109","authorId":"3566183313072109","name":"orrox","avatar":"https://static.tigerbbs.com/d63eb4c08ebc58d4fd3cc57ed0a98e83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566183313072109","authorIdStr":"3566183313072109"},"htmlText":"Support","listText":"Support","text":"Support","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198622561","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198608136,"gmtCreate":1620953817925,"gmtModify":1704351008461,"author":{"id":"3582865570179528","authorId":"3582865570179528","name":"JQ62","avatar":"https://static.tigerbbs.com/da715325270bb26fbcbce63e45f86a81","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582865570179528","authorIdStr":"3582865570179528"},"htmlText":"Pls comments","listText":"Pls comments","text":"Pls comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198608136","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4321399,"gmtCreate":1620954280453,"gmtModify":1680788656886,"authorId":3580344868125116,"author":{"id":3580344868125116,"idStr":"3580344868125116","authorId":3580344868125116,"name":"gum","avatar":"https://static.tigerbbs.com/990e3e89d27ba7bcacf0155983f3fa87","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198608136,"type":1,"supId":0,"prevId":0,"content":"<u>sure</u>","text":"<u>sure</u>","html":"<u>sure</u>"}],"langContent":"EN"},{"id":198895496,"gmtCreate":1620949912015,"gmtModify":1704350886526,"author":{"id":"3570854254904038","authorId":"3570854254904038","name":"xnicx","avatar":"https://static.tigerbbs.com/2b4f8b6a208de92c4d6b4c87e044514c","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3570854254904038","authorIdStr":"3570854254904038"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198895496","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198899156,"gmtCreate":1620949652375,"gmtModify":1704350878470,"author":{"id":"3577619205438357","authorId":"3577619205438357","name":"Stylerz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577619205438357","authorIdStr":"3577619205438357"},"htmlText":"力挺到底","listText":"力挺到底","text":"力挺到底","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198899156","repostId":1139650826,"repostType":2,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4322013,"gmtCreate":1620956798252,"gmtModify":1680788672291,"authorId":3566183313072109,"author":{"id":3566183313072109,"idStr":"3566183313072109","authorId":3566183313072109,"name":"orrox","avatar":"https://static.tigerbbs.com/d63eb4c08ebc58d4fd3cc57ed0a98e83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198899156,"type":1,"supId":0,"prevId":0,"content":"support","text":"support","html":"support"}],"langContent":"CN"},{"id":198890030,"gmtCreate":1620949573320,"gmtModify":1704350876015,"author":{"id":"3581837992294791","authorId":"3581837992294791","name":"JuniorShiba","avatar":"https://static.tigerbbs.com/755230a2c86d78789806a999ad4528cc","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581837992294791","authorIdStr":"3581837992294791"},"htmlText":"Pls comment.","listText":"Pls comment.","text":"Pls comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/198890030","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4323308,"gmtCreate":1620964303328,"gmtModify":1680788697001,"authorId":3581837992294791,"author":{"id":3581837992294791,"idStr":"3581837992294791","authorId":3581837992294791,"name":"JuniorShiba","avatar":"https://static.tigerbbs.com/755230a2c86d78789806a999ad4528cc","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198890030,"type":1,"supId":4321756,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":4321756,"gmtCreate":1620955573759,"gmtModify":1680788670997,"authorId":3571442481525664,"author":{"id":3571442481525664,"idStr":"3571442481525664","authorId":3571442481525664,"name":"Jher","avatar":"https://static.tigerbbs.com/f64e30965f55a5d41be6d9c44aa6535e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.30","exceedPercentage":"80.16%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198890030,"type":1,"supId":0,"prevId":0,"content":"Here you go please respond back","text":"Here you go please respond back","html":"Here you go please respond back"}],"langContent":"EN"},{"id":198176749,"gmtCreate":1620949117181,"gmtModify":1704350855855,"author":{"id":"3582192350058526","authorId":"3582192350058526","name":"SherryYo","avatar":"https://static.tigerbbs.com/75568d62cfdfecfd17b217a22e3236d2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582192350058526","authorIdStr":"3582192350058526"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198176749","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198158614,"gmtCreate":1620948301538,"gmtModify":1704350826767,"author":{"id":"3567052123559984","authorId":"3567052123559984","name":"YiiYii","avatar":"https://static.tigerbbs.com/bb10d436567743e0e60ba0933900bf20","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":3,"crmLevelSwitch":0,"idStr":"3567052123559984","authorIdStr":"3567052123559984"},"htmlText":"Bad week for Nio...comment, please.&nbsp;","listText":"Bad week for Nio...comment, please.&nbsp;","text":"Bad week for Nio...comment, please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/198158614","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4324166,"gmtCreate":1620970693829,"gmtModify":1680788718135,"authorId":3567052123559984,"author":{"id":3567052123559984,"idStr":"3567052123559984","authorId":3567052123559984,"name":"YiiYii","avatar":"https://static.tigerbbs.com/bb10d436567743e0e60ba0933900bf20","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198158614,"type":1,"supId":4319984,"prevId":0,"content":"Indeed...  [喷血]","text":"Indeed...  [喷血]","html":"Indeed...  [喷血]"},{"id":4319984,"gmtCreate":1620949448193,"gmtModify":1680788633843,"authorId":3577619205438357,"author":{"id":3577619205438357,"idStr":"3577619205438357","authorId":3577619205438357,"name":"Stylerz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198158614,"type":1,"supId":0,"prevId":0,"content":"bad week for almost everything","text":"bad week for almost everything","html":"bad week for almost everything"}],"langContent":"EN"},{"id":198123840,"gmtCreate":1620947731780,"gmtModify":1704350808766,"author":{"id":"3579667199980202","authorId":"3579667199980202","name":"rayhky","avatar":"https://static.tigerbbs.com/d1f6b9f52c6107c86caad286e97f3943","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579667199980202","authorIdStr":"3579667199980202"},"htmlText":"Sound like not a good news","listText":"Sound like not a good news","text":"Sound like not a good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198123840","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198129289,"gmtCreate":1620947670541,"gmtModify":1704350807455,"author":{"id":"3575443999456708","authorId":"3575443999456708","name":"ponyinvestor","avatar":"https://static.tigerbbs.com/138d1ebc8820019726a687f0ffe45994","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575443999456708","authorIdStr":"3575443999456708"},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/198129289","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4324506,"gmtCreate":1620973589686,"gmtModify":1680788711277,"authorId":3580969894464089,"author":{"id":3580969894464089,"idStr":"3580969894464089","authorId":3580969894464089,"name":"okkar","avatar":"https://static.tigerbbs.com/5284953eb6a2c6608eb0336ea3795f46","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.44%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198129289,"type":1,"supId":0,"prevId":0,"content":":)","text":":)","html":":)"},{"id":4319862,"gmtCreate":1620949076107,"gmtModify":1680788632562,"authorId":3555116382988085,"author":{"id":3555116382988085,"idStr":"3555116382988085","authorId":3555116382988085,"name":"MacanTrader李明章","avatar":"https://static.tigerbbs.com/3f5bfe1c76c413adcdb9c5b7375b4b16","vip":1,"currentWearingBadge":{"badgeId":"f8545949683242faa8dd0b48c38980be-4","templateUuid":"f8545949683242faa8dd0b48c38980be","name":"Monthly top 20 team’s member","description":"Top 20","bigImgUrl":"https://community-static.tradeup.com/news/b4d5f6257975e3a2e001863530de2d54","smallImgUrl":"https://community-static.tradeup.com/news/b11553f10856375b727276b12bd82504","grayImgUrl":"https://community-static.tradeup.com/news/9ed78d6c094821a36c4fb840a9cf8825","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5400},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198129289,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":198187694,"gmtCreate":1620946970918,"gmtModify":1704350789887,"author":{"id":"3576105353976896","authorId":"3576105353976896","name":"WayneLee","avatar":"https://community-static.tradeup.com/news/785daacee256a2b4978a5d50fbe3727b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576105353976896","authorIdStr":"3576105353976896"},"htmlText":"Buy the dips and give the company a&nbsp;few years to grow","listText":"Buy the dips and give the company a&nbsp;few years to grow","text":"Buy the dips and give the company a few years to grow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198187694","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198184368,"gmtCreate":1620946902654,"gmtModify":1704350787591,"author":{"id":"3582927789816025","authorId":"3582927789816025","name":"SKLow","avatar":"https://static.tigerbbs.com/b3aeaabd2ee1ec9afcdda5a4aab1994c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582927789816025","authorIdStr":"3582927789816025"},"htmlText":"Please like and comment.Tq","listText":"Please like and comment.Tq","text":"Please like and comment.Tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/198184368","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4319318,"gmtCreate":1620946969740,"gmtModify":1680788621680,"authorId":3570769377369254,"author":{"id":3570769377369254,"idStr":"3570769377369254","authorId":3570769377369254,"name":"Glenna","avatar":"https://static.tigerbbs.com/8cb1540811be40c4d05341502c35498c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198184368,"type":1,"supId":0,"prevId":0,"content":"ok pls help the same","text":"ok pls help the same","html":"ok pls help the same"},{"id":4319336,"gmtCreate":1620947061066,"gmtModify":1680788617160,"authorId":3576105353976896,"author":{"id":3576105353976896,"idStr":"3576105353976896","authorId":3576105353976896,"name":"WayneLee","avatar":"https://community-static.tradeup.com/news/785daacee256a2b4978a5d50fbe3727b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198184368,"type":1,"supId":0,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"}],"langContent":"EN"},{"id":198116453,"gmtCreate":1620946055472,"gmtModify":1704350770232,"author":{"id":"3567652695695694","authorId":"3567652695695694","name":"Fionfion82","avatar":"https://static.tigerbbs.com/22ca6345985b52ec868cac92aafafdc1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3567652695695694","authorIdStr":"3567652695695694"},"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/198116453","repostId":1139650826,"repostType":2,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4319343,"gmtCreate":1620947092558,"gmtModify":1680788620653,"authorId":3576105353976896,"author":{"id":3576105353976896,"idStr":"3576105353976896","authorId":3576105353976896,"name":"WayneLee","avatar":"https://community-static.tradeup.com/news/785daacee256a2b4978a5d50fbe3727b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198116453,"type":1,"supId":4319245,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"},{"id":4319245,"gmtCreate":1620946722568,"gmtModify":1680788618578,"authorId":3581934025708038,"author":{"id":3581934025708038,"idStr":"3581934025708038","authorId":3581934025708038,"name":"PapaSierraK","avatar":"https://static.tigerbbs.com/d8fc1c89c474eec3ad201cdd7f56ea4f","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.28%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198116453,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":4319430,"gmtCreate":1620947476245,"gmtModify":1680788617503,"authorId":3576849200483737,"author":{"id":3576849200483737,"idStr":"3576849200483737","authorId":3576849200483737,"name":"Fuzzyfuzzy","avatar":"https://static.tigerbbs.com/83fbe5cf3fa66c4ec89abe62d2856950","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198116453,"type":1,"supId":0,"prevId":0,"content":"Ok ay","text":"Ok ay","html":"Ok ay"}],"langContent":"EN"},{"id":198110696,"gmtCreate":1620945707615,"gmtModify":1704350762818,"author":{"id":"3575234837042918","authorId":"3575234837042918","name":"Rbj","avatar":"https://static.tigerbbs.com/363acddaa9c1e92690a16e7dd67b6484","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575234837042918","authorIdStr":"3575234837042918"},"htmlText":"To the moon!","listText":"To the moon!","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198110696","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198139702,"gmtCreate":1620945026506,"gmtModify":1704350751379,"author":{"id":"3574471169961095","authorId":"3574471169961095","name":"Horsepeter","avatar":"https://static.tigerbbs.com/aa4c4e43bc058f5e2f8fe3c6372ff58a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574471169961095","authorIdStr":"3574471169961095"},"htmlText":"Pls help to like&nbsp;","listText":"Pls help to like&nbsp;","text":"Pls help to like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198139702","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198198293,"gmtCreate":1620944115612,"gmtModify":1704350741518,"author":{"id":"3574244375315958","authorId":"3574244375315958","name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574244375315958","authorIdStr":"3574244375315958"},"htmlText":"China EV is coming","listText":"China EV is coming","text":"China EV is coming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/198198293","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4323889,"gmtCreate":1620968431872,"gmtModify":1680788705994,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.18","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198198293,"type":1,"supId":4321186,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah"},{"id":4321186,"gmtCreate":1620953541118,"gmtModify":1680788657587,"authorId":3577142139469832,"author":{"id":3577142139469832,"idStr":"3577142139469832","authorId":3577142139469832,"name":"JFK23","avatar":"https://static.tigerbbs.com/6bdaa6cc4eddbc577da598bd89525cf0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198198293,"type":1,"supId":0,"prevId":0,"content":"Just buy some Battery <u>stock</u>","text":"Just buy some Battery <u>stock</u>","html":"Just buy some Battery <u>stock</u>"}],"langContent":"EN"},{"id":198107706,"gmtCreate":1620943740605,"gmtModify":1704350735433,"author":{"id":"3581459806944540","authorId":"3581459806944540","name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581459806944540","authorIdStr":"3581459806944540"},"htmlText":"Haiz nio","listText":"Haiz nio","text":"Haiz nio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198107706","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4318803,"gmtCreate":1620943833645,"gmtModify":1680788611033,"authorId":3578710390898389,"author":{"id":3578710390898389,"idStr":"3578710390898389","authorId":3578710390898389,"name":"hwhw123","avatar":"https://static.tigerbbs.com/d8403e7374bdcb179a82aff3b6d9338e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198107706,"type":1,"supId":0,"prevId":0,"content":"good <u>morning</u>","text":"good <u>morning</u>","html":"good <u>morning</u>"}],"langContent":"EN"},{"id":198107269,"gmtCreate":1620943729051,"gmtModify":1704350734944,"author":{"id":"3578710390898389","authorId":"3578710390898389","name":"hwhw123","avatar":"https://static.tigerbbs.com/d8403e7374bdcb179a82aff3b6d9338e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578710390898389","authorIdStr":"3578710390898389"},"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/198107269","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4318850,"gmtCreate":1620944102737,"gmtModify":1680788615864,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.18","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198107269,"type":1,"supId":0,"prevId":0,"content":"Comment back pls","text":"Comment back pls","html":"Comment back pls"}],"langContent":"EN"},{"id":198379712,"gmtCreate":1620941062336,"gmtModify":1704350713468,"author":{"id":"3581541811460037","authorId":"3581541811460037","name":"Anntatkuah","avatar":"https://static.tigerbbs.com/9ac42750b3afcc0927351b8d56381615","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581541811460037","authorIdStr":"3581541811460037"},"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198379712","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198345525,"gmtCreate":1620940090567,"gmtModify":1704350707480,"author":{"id":"3579073238469991","authorId":"3579073238469991","name":"EKTech","avatar":"https://static.tigerbbs.com/c91a603376dcd44610c26d628fac5cd0","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":3,"crmLevelSwitch":1,"idStr":"3579073238469991","authorIdStr":"3579073238469991"},"htmlText":"Nio no power to rise like its car&nbsp;","listText":"Nio no power to rise like its car&nbsp;","text":"Nio no power to rise like its car","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/198345525","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4337188,"gmtCreate":1621081140692,"gmtModify":1680788954841,"authorId":3579073238469991,"author":{"id":3579073238469991,"idStr":"3579073238469991","authorId":3579073238469991,"name":"EKTech","avatar":"https://static.tigerbbs.com/c91a603376dcd44610c26d628fac5cd0","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.67%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198345525,"type":1,"supId":0,"prevId":0,"content":"Keep in fridge","text":"Keep in fridge","html":"Keep in fridge"},{"id":4332559,"gmtCreate":1621042998691,"gmtModify":1680788872102,"authorId":3575410552110704,"author":{"id":3575410552110704,"idStr":"3575410552110704","authorId":3575410552110704,"name":"Winner168","avatar":"https://static.tigerbbs.com/a9a80312562b6000414b8ef5ff5b400f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198345525,"type":1,"supId":0,"prevId":0,"content":"Just go long and hope for the best","text":"Just go long and hope for the best","html":"Just go long and hope for the best"},{"id":4318609,"gmtCreate":1620942153754,"gmtModify":1680788615327,"authorId":3582226472907626,"author":{"id":3582226472907626,"idStr":"3582226472907626","authorId":3582226472907626,"name":"xemrunx","avatar":"https://static.tigerbbs.com/583e20a7b5e43659d8c6d8defff45140","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.10","exceedPercentage":"93.01%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":198345525,"type":1,"supId":0,"prevId":0,"content":"Sucks to have ev stocks now.","text":"Sucks to have ev stocks now.","html":"Sucks to have ev stocks now."}],"langContent":"EN"},{"id":198316033,"gmtCreate":1620925534222,"gmtModify":1704350642669,"author":{"id":"3571009840536733","authorId":"3571009840536733","name":"HKhin","avatar":"https://static.tigerbbs.com/315ef1291b235114bbffd11981704437","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571009840536733","authorIdStr":"3571009840536733"},"htmlText":"Drag by ev dump","listText":"Drag by ev dump","text":"Drag by ev dump","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198316033","repostId":1139650826,"repostType":4,"repost":{"id":"1139650826","kind":"news","pubTimestamp":1620918825,"share":"https://ttm.financial/m/news/1139650826?lang=&edition=fundamental","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":85,"commentSize":27,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}