In this video I talk about Nio taking over the Chinese EV Market with their new battery swapping stations & new partnerships. I also talk about whether the CCIV short squeeze could be real and potentially happen.
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Nio have just unveiled and began rolling out the second generation of their battery swapping stations, capable of making 312 swaps per day, over 3 times the amount that the previous iteration could do.
Nio has an agreement with sinopec to build 5000 charging and swapping stations, which adds to the partnership with the chinese national grid for an additional 100 swapping stations.
Nio have also signed an agreement with ford so that the electric mustang Mach E can use the Nio charging network.
Nio are also unveiling their new power plan, 7kw home charger, 20kw fast charger and their new recyling initiative.
$CCIV has around a 15-25% short interest, which from first sight, is low, at its peak, gamestop $GME had 141% short interest, Clover $CLOV supposedly has 144% short interest and a number of other stocks have much higher than 20% short interest.
Lucid have also just shot their first advert for the lucid air too so hurry.
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