VIVEK SURANA :
Thats a long shot, 20k per month can take a year, So ONVO will increase losses of NiO till then. Looks like NiO will need to raise more money by year end
74216494VIVEK SURANA:
Yep. New dilution ahead. To scr... old time investors, again. They have to pay for the big mistakes, NIOs Leading ZERO is responsible for. Great tech at NIO, terrible management, which spent investors money like there was no Tomorrow. Does NIOs vineyard in France make a profit, at least ? Why not to let the bored NIO sales people in the empty NIO houses sell ONVOs, at least ? Which might even give the opportunity, to convince one or the other interested party to upgrade to buy a NIO, instead of ONVO. Not to declassify ONVO buyers into second class, which has no reason to buy a NIO next time. Would save quite some money, too. BTW, the great names from Germany, like Mercedes or BMW, fisrt of all they made good money selling their main (premium) brand.
bullrider_21VIVEK SURANA:
The cheaper L60 will boost sales. Nio delivered 15,620 EVs in Apr and around 20k in Jul and Aug 2023. So additional 20k of Onvo cars is possible and may not take long.
VIVEK SURANA : Thats a long shot, 20k per month can take a year, So ONVO will increase losses of NiO till then. Looks like NiO will need to raise more money by year end
74216494 VIVEK SURANA: Yep. New dilution ahead. To scr... old time investors, again. They have to pay for the big mistakes, NIOs Leading ZERO is responsible for. Great tech at NIO, terrible management, which spent investors money like there was no Tomorrow. Does NIOs vineyard in France make a profit, at least ? Why not to let the bored NIO sales people in the empty NIO houses sell ONVOs, at least ? Which might even give the opportunity, to convince one or the other interested party to upgrade to buy a NIO, instead of ONVO. Not to declassify ONVO buyers into second class, which has no reason to buy a NIO next time. Would save quite some money, too. BTW, the great names from Germany, like Mercedes or BMW, fisrt of all they made good money selling their main (premium) brand.
bullrider_21 VIVEK SURANA: The cheaper L60 will boost sales. Nio delivered 15,620 EVs in Apr and around 20k in Jul and Aug 2023. So additional 20k of Onvo cars is possible and may not take long.