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NIO peer XPeng (XPEV) held a similar event on a Saturday in October to review its autonomous driving technology. XPeng also recently partnered with a lidar—short for laser-based radar—company. Lidar sensors help cars identify objects.
Deutsche Bank analyst Edison Yu wrote in a recent note that NIO’s autonomous-driving technology will likely include lidar sensors, along with internally developed software. Advanced safety features, like driver assistance software, are becoming an important facet of competition for the industry. All car companies—EV makers and gasoline engine-based manufacturers alike—are investing in self-driving technology.
Yu also predicted that the new car will be a mid-to-full-size sedan in the premium segment of the market, and that it could enter production as soon as late 2021.
Mid- to full-size premium electric cars are probably most comparable to a Tesla (TSLA) Model S. NIO’s three current models are SUVs.
Yu also forecasted that NIO will talk about new battery swapping technology. To solve the problem of lengthy EV charge times, NIO swaps out the entire battery pack so drivers can get back on the road with a full charge in minutes.
60 tomorrow
Grabbing all i can down here :)
Buy and hold long
A lot of GREEN days ahead of us!
The whole world is shocked about what happened yesterday in the USA....insane and criminal, thanks to mr. Trump (4 people dead...and the whole wide world upset)...
Let's focus on NIO and hoping for a reversal and run to hundred dollars soon.
Those storming the Capitol need to stop NOW.
The Constitution protects peaceful protest, but violence—from Left or Right— is ALWAYS wrong.
I am from the Netherlands and i am really shocked...USA is becoming weird
You are right...this quote is not 100% correct...but: i liked the 100 dollar price in short time here....
WHY $100 IN 2021
Right now, NIO is able to manufacture 4000 to 5000 vehicles per month or 48,000 to 60,000 vehicles per year. However, by the end of this year, CEO William Li said that the company should be able to manufacture 150,000 per year. Furthermore, as of September 30th, just 26,375 vehicles were delivered in 2020.
By the end of 2021, NIO is set to deliver three to five times more vehicles. With a current market cap of $37 billion, we could easily see NIO have a market cap north of $100 billion. This is why we believe a $100 price is likely this year, especially when you consider that Tesla has a current market cap of $400 billion. We believe NIO is going to close the valuation gap with Tesla, especially once manufacturing constraints are alleviated.
BOTTOM LINE
NIO stock is on the same trajectory as Tesla. We believe its market cap will keep climbing as it closes the gap with Tesla.
Huge company, huge upcomin news next days! NIO days!
Nio day saturday! and more, a lot more, Nio green days ahead of us.
Buy and hold long....best buy ever!
Great news and on our way to nasdaq
To nasdaq!
Crazy volume indeed...multibagger comin
Great company, great stock...a lot of green days ahead of us
This one is a buy and hold LONG
Going to hundred dollars short time
A dollar this week!
to dollars :)
Volume is crazy here....follow the money.....saturday: it's NIO-day......so buy whole week folks! Way up from here!
i AGREE CATDOG....
ten bagger from here in 2021
exciting times ahead of us
Amazing company!
10 bagger from here in short time
so today to 0,50? :)
This will be one of the biggest runners in 2021
I't's very difficult to buy here right now.....i am bidding at 4,25.....not filling....
This was already at a dime earlier this year, but with this news we will see multiple dimes
just hold....easy as that.....
number one stock for sure 2021!
amazing days ahead of us!
to 5 dollars today...and much more te come here...
Free shares 2019 looking good :)...but MUCH more to come next years
2021 will be an amazing life changing RVVTF year
Dollarland in 2021
100% agree here! Going to be HUGE!
funny post....see you in multiple dollars!