Nio are expanding their operations in Norway and also implimenting an ADaaS, (Autonomous driving as a service), very similar to their BaaS (Battery as a service). Is this a great idea? or could it all go wrong?
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The Nio stock recently broke out of its downward trend and has since been on an upward trend, it will soon re-test the second downward trend, if this breaks, the Nio stock could see new all time highs
Nio are expanding their Norway operations with a massive marketing push, building a NioHouse, full with experiences and events, this is a great way to get the Nio name out there across Norway and advertise their products.
Nio have also decided to impliment ASaaS alongside their BaaS. Basically, you can pay monthly/weekly or potentially even hourly for autonomous driving. Rather than paying the $10,000 added extra for autonomous driving, it could be as cheap as only $8 per hour!
I think this is a genius way to make the car a more attractive, upfront price. However, it could get very messy/complex trying to charge customers on an hourly basis and restrict their usage if they have not paid...
Let me know what you think
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6 thoughts on “Big nio update! dont miss this! – nio stock update”
  1. Avataaar/Circle Created with python_avatars Dimitar Kinchev says:

    nio with bigger market cap than ford πŸ™‚ that is a joke

  2. Avataaar/Circle Created with python_avatars Amber Washington says:

    Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

  3. Avataaar/Circle Created with python_avatars JP - says:

    I had a big position with NIO but reduced it to a couple of hundred shares mainly because the US – China relations could turn even more sour in the coming months, years. I moved most of that money into CCIV, PLTR, and AMC instead. I think I'm going to start swing trading NIO rather than hold it long term. It's difficult to trust the Chinese government and since they have their hands all over NIO, it's simply too risky to hold a large position anymore. For that reason, I no longer own any Chinese stocks other than NIO.

  4. Avataaar/Circle Created with python_avatars PREDATOR says:

    Good video!

  5. Avataaar/Circle Created with python_avatars Jamie Smallbone says:

    Great video Tom! missed the Nio videos!

  6. Avataaar/Circle Created with python_avatars Thomas James - Investing says:

    Let me know what you think about Nio, do you think the price will continue to rise?

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