Saturday, January 13, 2018 6:54:13 PM
At a thousand foot level...
1. PRODUCT
NIO developed 500km high-end SUV with fast-speed mobile charging and battery swap suppport systems (source)
JBZY developed 200-300km low-end EV and 500-600km high-end SUV, with fast-speed battery swap and recharge support systems (source 1 ; source 2)
2. PRICING
NIO priced its high-end SUV at $67,783 (source)
JBZY priced its low-end EV at $5000-7000 (source) and its high-end SUV at $44,000 (source)
3. GEOGRAPHY
NIO has 1 x manufacturing plant in Jiangsu Province (source)
JBZY has 2 x manufacturing plants in Guangxi Province, and 4 x partner manufacturing plants in Liaoning, Jiangsu, Shandong, and Shaanxi Provinces (source)
4. OUTPUT
NIO has capacity to build 280,000 high-end SUVs in Nanjing plant (source)
JBZY has capacity to build 300,000 low-end EVs and 150,000 high-end SUVs in Guangxi Provinces, not to mention the 100,000s of capacity from other partner plants (source)
5. INVESTORS
NIO has partnered with Tencent, Baillie Gifford & Co., CITIC Capital Holdings Ltd, and China Asset Management Co. (source)
JBZY has partnered with Jinbo Group, Chery, Long Star, and perhaps Guangxi government and others like Brouchilde or Rothschild? (source 1 ; source 2)
All in all...
NIO has developed a product of comparable quality and might have somewhat of an edge due to its investor base and media relationships (Tencent, Bloomberg etc)... but it seems JBZY may have relatively more market potential in terms of the diversity of its product offering, competitive pricing, production capacity, and geographic footprint.. That said, time will tell who will lead the other in disrupting and penetrating the massive EV market in China!
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