I''m not too concerned that there are other charging methods coming out.
The fact remains, we have a product that is in it's launch phase, with a solid brick and mortar building currently in a roll out.
This Nio launch has not actually taken place yet either, just the plans.
Apply this to current life. There is not just ONE company building gas stations. Several do. While the technology is pretty standard for gas, EV tech might not be. Nio is one of the first to come out with this swapping station implementation, however, it is only on one stretch of highway in one province. China is HUGE. 18 charging stations built for only two types of cars in production from ONE company is not really a market disrupter.
The technology more than likely is not the same as what our company is stating they have. I'm curious about the swap time (both state 3 minutes), as well as how long their batteries last. The swap station we are building is able to change up to 300 batteries a day. The Nio swap station is minuscule in comparison, not only in size but in volume capacity from the looks of it. Consider the markets we are going ofter. Nio is high performance, JBZY is public transportation as a primary, and public commercialization as a secondary.
Should we be concerned? Maybe, but the company should for one, inform shareholders what is going on. And Two, light the fire to get this to market if we want to really be a disrupter. 18 swap stations is nothing in comparison to the 2000 they wanted to launch with JBZY by 2020 .
Time will tell.
