Dear NIO Stock Fans, Pay Attention to This KEY Agreement

InvestorPlace2023-01-19

Nio(NIO) has signed a five-year agreement with battery maker Contemporary Amperex Technology.The companies will work together to create a battery supply system.NIO stock is up by about 15% year-to-...

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D1234
·2023-01-19
Hmm..... need to monitor the 1st Quarter of 2023.
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1
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Guavaxf30
·2023-01-19
This is just one operational event that addresses an enhanced partnership. It is not going to affect stock price.What should be of greater concern is the price war that is just starting. Tesla, XPeng, and probably all other EV's companies will start slashing prices. And even if they will possibly sell more cars, what happens to the bottom-line for companies which are already making loses, even at the prices before the price war? I fear stock price for all EV's have got more to correct down.
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21
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- DuoMaxwell:
  [smile]
  2023-01-20
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- newtoUS:
  ok
  2023-01-19
  Reply
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- TonySiang:
  Wuhh
  2023-01-19
  Reply
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kkennn
·2023-01-19
Ok
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2
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patrickLai
·2023-01-19
Good?
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4
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- patrickLai:
  🤔
  2023-01-19
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HongHong14
·2023-01-19
Waiting
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2
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PhilipGoh
·2023-01-19
Noted
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- kkennn:
  Okk
  2023-01-19
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Vincentan59
·2023-01-19
😰😰😰😰
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1
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Pepermintpat
·2023-01-19
Like
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4
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Slee49
·2023-01-19
Ok
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kong1509
·2023-01-19
OK
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1
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Ratt
·2023-01-19
Us stock drop but hk grows. Hhmm us dollar on slide.
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Jeffso
·2023-01-19
Ok
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- Jeffso:
  Ok
  2023-01-19
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REWARD share
·2023-01-19
Not agreement
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runningjames
·2023-01-19
Good
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1
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BotakGuy
·2023-01-19
Is it too late ?
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This agreement will deepen the existing partnership between the two companies and “advance technological cooperation in new brands, new projects and new markets, improve supply-demand coordination, propel overseas expansion, and develop the business model centering on long service life batteries.”Based in China, CATL has a long-standing reputation of producing efficient and reliable batteries. In 2021, the company received recognition for being number one in global EV consumption volume for five straight years. Last year, CATL launched its Qilin battery as well, which TIME characterized as one of the best inventions of 2022. The battery has a staggering range of 621 miles on a single charge and utilizes a single structure instead of many individual modules.Here’s what NIO stock investors should know about the CATL partnership news moving forward.NIO Stock: Nio Signs Five-Year Agreement With CATLAs a result of the partnership, these two companies will work together to build a battery supply system based on advanced battery technology. Ultimately, Nio seeks to improve its batteries and infrastructure. CATL seems to check the box as a suitable partner for the EV company. An improved battery and charging infrastructure will help further the adoption of EVs as well.Last June, Nio announced that it would “start producing an 800-volt battery pack in the second half of 2024.” These battery packs are expected to cost between $30,000 and $45,000. At the time, CEO William Li said the company will utilize both proprietary and externally sourced batteries in the long run, a strategy similar to Tesla(NASDAQ: TSLA).In September, Niodisclosedthat it had paid $12 million for a 12.16% stake in lithium mining company Greenwing Resources. This came on the heels of rising lithium prices, which is a major component of EV batteries. The Chinese automaker also has an option to purchase 20% to 40% of Andes Litio’s issued capital. Andes Litio was acquired by Greenwing in 2021 and owns “options rights over the San Jorge Lithium Project.”Meanwhile, Nio reported earlier this month that it had achieved record-high monthly and quarterly delivery figures. In December, the company delivered 15,815 vehicles, up 50% year-over-year (YOY). That brought total deliveries for the fourth quarter to 40,052 vehicles, up 60% YOY.","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":9956492730,"gmtCreate":1674108341720,"gmtModify":1676538924179,"author":{"id":"3573810296615865","authorId":"3573810296615865","name":"D1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573810296615865","authorIdStr":"3573810296615865"},"htmlText":"Hmm..... need to monitor the 1st Quarter of 2023.&nbsp;","listText":"Hmm..... need to monitor the 1st Quarter of 2023.&nbsp;","text":"Hmm..... need to monitor the 1st Quarter of 2023.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956492730","repostId":1183551689,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956574446,"gmtCreate":1674096021886,"gmtModify":1676538923198,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"This is just one operational event that addresses an enhanced partnership. It is not going to affect stock price.What should be of greater concern is the price war that is just starting. Tesla, XPeng, and probably all other EV's companies will start slashing prices.&nbsp;And even if they will possibly sell more cars, what happens to the bottom-line for companies which are already making loses, even at the prices before the price war? I fear stock price for all EV's&nbsp;have&nbsp;got more to correct down.","listText":"This is just one operational event that addresses an enhanced partnership. It is not going to affect stock price.What should be of greater concern is the price war that is just starting. Tesla, XPeng, and probably all other EV's companies will start slashing prices.&nbsp;And even if they will possibly sell more cars, what happens to the bottom-line for companies which are already making loses, even at the prices before the price war? I fear stock price for all EV's&nbsp;have&nbsp;got more to correct down.","text":"This is just one operational event that addresses an enhanced partnership. It is not going to affect stock price.What should be of greater concern is the price war that is just starting. Tesla, XPeng, and probably all other EV's companies will start slashing prices. And even if they will possibly sell more cars, what happens to the bottom-line for companies which are already making loses, even at the prices before the price war? I fear stock price for all EV's have got more to correct down.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":21,"commentSize":17,"repostSize":1,"link":"https://ttm.financial/post/9956574446","repostId":1183551689,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105611419,"gmtCreate":1674182437429,"gmtModify":1674182450934,"authorId":3558151476629541,"author":{"id":3558151476629541,"idStr":"3558151476629541","authorId":3558151476629541,"name":"DuoMaxwell","avatar":"https://static.tigerbbs.com/4c00bb73dc79500ef82ae3353d46f251","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches 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class=\"s1\">Wuhh</span>"},{"id":105604274,"gmtCreate":1674096841891,"gmtModify":1674096854643,"authorId":3549659726191917,"author":{"id":3549659726191917,"idStr":"3549659726191917","authorId":3549659726191917,"name":"AndyAi","avatar":"https://static.tigerbbs.com/81c12ecb4451acc5f55df3fef66d9790","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 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