Industry dynamics

Nio is eating German giants' lunch in EV sector

Publishtime:1970-01-01 08:00:00 Views:12

Editor's note: This is a guest post from Rafi Khan, an Nio investor, and does not represent the views of CnEVPost.

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Enough!! – Dare I say it Nio falling every day with other China Stocks when none of Chinese Govt. policies negatively impact it is irrational, illogical & just plain stupid.

Nio's main competition is Mercedes, BMW & Audi (ICE & EVs).

Mercedes EQC Sales 2021:

Jan to July 541; 520; 605; 639; 424; 315; 237

BMW iX3 Sales 2021:

Jan to July 1053; 1216; 1313; 1419; 817; 2063; 1474

Audi e-tron Sales 2021:

March to July 658; 27; 50; 203; 96

(Data source: carsalesbase.com)

Can you imagine Mercedes & Audi sold paltry 333 EQCs & E-trons in China in July 2021?

Currently, Nio Chinese Sales Network cannot even compare to Mercedes, BMW & Audi yet Nio is still outselling all 3 combined by several hundred percent monthly even though Nio only has SUVs to offer & no Sedan (where the majority of sales occur in Premium Luxury Segment) currently for sale.

Amazingly U.S Investors, Nio Analysts still don't seem to get it – Nio is eating BBA & TSLA (Model S & Model X) lunch in China in Premium Luxury EV Sector.

Mercedes, BMW & Audi currently sell a miniscule number of EVs relative to their huge sales network throughout China – Seems Chinese Consumer has very little interest in EV Products of these Global Giants.

All of this at a time when Nio does not even have a Sedan to sell.

What does this tell us:

(Photo source: CnEVPost)

Based on all of the above, current daily Nio share price fall is irrational & illogical with all facts pointing to Nio fully utilizing One Million EV Capacity of NeoPark in a year.

Not a Financial Advisor Nor an Auto Analyst JMHO DYODD