Nio's Secret to 10X Growth! Should You Buy Nio Now?
Published at : 06 Dec 2020
The future of Nio: US regulators are working on another proposal that could allow Chinese auditors to comply with the inspection requirement without violating their home country's laws, which limit the sharing of information. The securities and exchange commission could issue such proposal this month, but It wouldn't happen right away.
What to know?
-It allows 3 years to comply.
- Nio, Xpeng, and Li Auto all listed knowing the pending bill. Nio for instances has been complying for many months with the same inspectors that audit tesla putting them ahead of this bill.
-Nio fully has been to complying with auditors to property report all the necessary details.
- Even Goldman Sachs still have a buy rating on nio with a target price of $59. All Nio Target prices are still above $50.
- Goldman has realized the Nio's potential for battery as a service and believes that it significantly increased the addressable marker in China.
- The only thing left now for Nio is the launch of its Sedan as I am 100% sure it will skyrocket Nio's Valuation almost over night. Sedans are even more popular than SUVs even in china.
- The sedan along with the battery as a service will put it into similar pricing with Gasoline vehicles as well as charging times.
- With this battery subscription service, customers can enjoy a big discount by simply not owning the battery and renting it as a subscription services that also eliminates all of the battery maintenance to the customer. Batteries do degrade over time and this is one of the major reasons why after a certain amount of miles, you would have to replace your vehicle. The electric motors essentially last much longer than the life cycle of these batteries so this way, the customer can keep their Nio Vehicle for much longer and just rent a new battery providing the best advancements as these batteries improve over time and Nio STILL gets to make revenue from the customer even though the customer is no longer buying another vehicle. Battery as a service in a country like china were over 90% of citizens live in apartments and don't have the ability to charge over night is just PURE GENIOUS!
- I have a April 2021 price target of $100-$120 based on the release of the Sedan, ramp up of the Battery as a service revenue, and consumer demand increase.
Will Nio get deslited? Is nio still a buy? why is nio down? Should I sell nio?
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