Fundermentals getting better

2020年7月23日

With so much positive news how much longer can they keep down the stock price. Besides getting funding, several new developments can help accelerate Nio's sales.

1. Nio to set up battery asset management company & CATL to be one of investors. So far, Nio has built 137 battery replacement stations, covering 61 cities across China.
cntechpost.com/2020/07/23/nio-reportedly-to-set-up-battery-asset-management-company-in-august-expected-to-get-investment-from-catl/amp/?__twitter_impression=true

2. Chinese Govt( The Ministry of Industry and Information Technology) once again stated that it supports the battery swap tech and will issue relevant policies in the next step
The Ministry of Industry and Information Technology once again stated that it supports the battery swap mode and will issue relevant policies in the next step

3. Tomorrow, Nio will unveiled EC6 sedan at the 2020 Chengdu Auto Show & announce pricing and pre-sale numbers
Media speculates the price to be in the same range as ES6, ¥358K-468K.
twitter.com/DKurac/status/1286187010344931328