Paco777
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Paco777
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China EV maker Nio urges openness in US speech amid tensions reuters.com/bus...
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$NIO-SW(09866.HK$ Nio has a problem with execution. A new qualified COO would be a great help with improving efficiency in operations.
$NIO-SW(09866.HK$ Nio's is burning through too much cash. William Li continues to operate Nio as if the economy is booming. Li overspends and misallocates capital toward non-revenue producing projects. I don't have a problem with R&D expenditures. However, spending on a phone and opulent Nio Houses is irresponsible. Historically, Li overspends, runs out of cash, and then dilutes shareholders for more. This has got to stop. Nio's CFO needs to be replaced with a competent CFO who can unlock Nio'...
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$NIO-SW(09866.HK$ William Li is an incompetent idiot.
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Paco777
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$NIO Inc(NIO.US$ New 52W low coming today. While the overall EV market is low and whole industry facing demand issue. The problem with NiO is that its fixed expenditure e.g. NiO house, power swap, R&D spend are very high. So other companies can more efficiently manage downturn compared to NiO which will loose more money in downturn
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Nio Power, the energy arm of Nio, entered into a partnership with Geely Automobile Holdings on March 27 regarding charging network connectivity, the electric vehicle (EV) maker announced today.
Geely-branded vehicles, including the Geely Galaxy and Geometry series, as well as other brands under the Geely Holding umbrella, including Lynk & Co, Zeekr, Polestar, and Smart, will in the future be able to use Nio's charging piles in their apps' charging maps.
Owners of vehicles from these brands wil...
Geely-branded vehicles, including the Geely Galaxy and Geometry series, as well as other brands under the Geely Holding umbrella, including Lynk & Co, Zeekr, Polestar, and Smart, will in the future be able to use Nio's charging piles in their apps' charging maps.
Owners of vehicles from these brands wil...
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