Nio Phone Illuminates Hope for Nio Enthusiasts
Chinese electric automaker
$NIO Inc.(NIO)$This move by Nio highlights the company's ambition to build an ecosystem around its products, akin to what Apple has achieved with its devices and services. While creating such an ecosystem is challenging, if successful, it could bring substantial rewards.
Nio's CEO, William Li, expressed confidence that competitors would take note of their smartphone innovations. There are three Nio Phone models available at prices ranging from CNY 6,499 to CNY 7,499 ($890 to $1,030). Initially, the phone will be sold in China, with deliveries starting on September 28th.
Nio's endeavor to create a comprehensive ecosystem based on its electric vehicles is a noteworthy departure from the approach of some phone manufacturers who have ventured into the car market. Unlike these manufacturers, Nio is focusing on enhancing its existing product offering and creating added value for its customers. While it's a bold move, it could pave the way for significant opportunities if successfully executed.
This strategic shift suggests that Nio is prioritizing long-term growth and customer loyalty over short-term profitability. It demonstrates the company's commitment to innovation and differentiation in the highly competitive electric vehicle market.
As a bagholde.. ahem.. shareholder, I see Nio's efforts to build an ecosystem as a positive sign of the company's forward-thinking approach. While it's too early to predict the outcome, it's clear that Nio is willing to explore unconventional paths to secure a prominent position in the evolving automotive industry.
Disclaimer: The views expressed here are for informational purposes only and should not be considered as investment advice. Always conduct your research and consult with a financial advisor before making investment decisions.
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NIO is going to retrace to $15 and keep going into a record ER on Nov. 9 on $3B plus in revs. The YoY comps are going to make the algo keep driving
Dump the chart. None of the factors that will move NIO back to ATH by No is in there. Read the Chinese auto press. NIO is leading the global EV pack in design, technology and quality. Tesla is three years behind NIO.
Nio is not cutting any corners...its going the full distance to be the very best in class across the entire EV, charging and mobile accessory sector. It may be painful for investors in the short term but no other EV company will be able to match Nio in 2 to 3 years. Rewards will be huge for the patient investor
NIO longs with the cash to hold are looking at 1000% profits by New year
We need more. That is not enough to push us to profitability.
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Using phone to instruct nio’s car, its only software, should be able to download on almost any phone. Or only handful of customer will buy and use it as a key for their nio car. Her investment on phone will fail, unless she has an outstanding OS (same as ios) and durable hardware same as iphone, then it will be a success.
Great ariticle, would you like to share it?
Great ariticle, would you like to share it?
Abc xyz something something
Good