More than 5,000 Nio (NIO) vehicles were insured in September, CEO William Li will double production capacity before the end of 2021 | Fintech zoom


Nio will double the manufacturing capacity

This is borne out by the plans of Li Bin (often known as William
Li), the CEO and founding father of the Nio Company, to open a second line at the plant and
Doubling of the manufacturing costs by the end of 2021. In this case the total capacity
could be 300,000 electric cars per year, according to Marcel Münch.

Image supply: Twitter @ _mm85

(Regardless of whether
the data in the tweet, Marcel Münch later
clarified that it’s still about the. goes
Time “until peak 2021”)

The story of William Li, Nio’s founding father and prophet of the Chinese-speaking electric car business

How did William Li go about determining the NIO company, and what concepts does he implement in his modern vehicles?

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Analysts and buyers imagine the inventory progress

Last week, analysts argued that the rally in Nio shares was coming from
Over. Traders argued that the stock can explode and possibly just a
few buy and sell classes to gain additional power. Also, there are rumors that the company will introduce a brand new model that
Most likely, the EF9 sedan will add to the hype in January 2021 throughout the NIO day.

in the
also one of many weird elements that lead to the recognition of Nios. Clues
Electric cars among customers is the information about the variety of insured vehicles.
According to @DKurac, Chinese language Internet media researcher, two Nio models, ES 6 and ES
8, are among the TOP 10 of the most heavily insured models.

#Lixiang ONE, #NIO # ES6 and #BYD Tang led #China #NEV SUV Sep insured models Tesla Model X #Four with 1,977 NIO ES8 # 6 with 1,493 (CATARC) @DKurak via Twitter

Image source: Twitter @DKurak Image supply: Twitter @DKurak

Overall, they are substantial
Exceed the variety of insured Tesla electric cars that one is considered
of Nio’s main competitors in the premium phase of electric cars.

Fintech zoom
also conducted a survey asking buyers what EV stocks will develop
probably most of them within the next 5 years. Nio came second in this ballot and received votes
by 17.5% of those surveyed. Tesla is by far the boss.

Still it is
It should be famous that Tesla has shown a lower amount in recent months due to factories closing due to a pandemic, while Nio
recorded an increase in the variety of delivery of its electric cars for 7
Months in a row. In September, the variety of automobiles delivered exceeded 4,700 models,
a brand new monthly exceeding of the stable annual progress of 133.2%.

NIO car deliveries in September increased by up to +133.2% in 12 months – over 12 months

NIO Inc. is an immediate revolutionary in the luxury good electric vehicle market in China, delivering results for the third quarter of 2020.

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Reaction of the stock exchange

The information released over the weekend met with a constructive response from the market. Chinese-language stocks rose more than 1.5% in Monday’s premarket session.

Image source: Google Finance NOK Image supply: Google Finance NOK

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