Based on the paragraph below, (go to link for article) NIO is doing this now...which means they can produce 30 cars per hour, 328 cars per day or up to 9,863 per month..NOW!!
“NIO’s joint-venture factory in the Anhui provincial capital of Hefei, production has stepped up by 50 per cent, where 30 of the all-electric ES6 five-seat sports utility vehicle (SUV) and the bigger ES8 premium SUV roll off the production line every hour, putting the carmaker on path to make 120,000 electric cars a year”....that’s 9,840 per month capability!!
With more funds, NIO is stepping up the construction of charging and battery swap infrastructure.
"On December 14, NIO and State Grid EV service, a subsidiary of State Grid Corporation, reached a cooperation agreement to jointly build 100 charging stations and battery swap stations in China by 2021".
JPMorgan Raised from neutral to Overweight, Raise Price Target to US$40.00.
Deutsche Bank Reiterated Buy, Raise Price Target to US$26.00
NIO Inc. price target raised to Street-high $25 from $17.50 at Credit Suisse (9/3/2020)
Deutsche Bank Initiated Buy, Price Target of 24
This is HUGE!!
Based on the paragraph below, (go to link for article) NIO is doing this now...which means they can produce 30 cars per hour, 328 cars per day or up to 9,863 per month..NOW!!
“NIO’s joint-venture factory in the Anhui provincial capital of Hefei, production has stepped up by 50 per cent, where 30 of the all-electric ES6 five-seat sports utility vehicle (SUV) and the bigger ES8 premium SUV roll off the production line every hour, putting the carmaker on path to make 120,000 electric cars a year”....that’s 9,840 per month capability!!
https://www.google.com/amp/s/amp.scmp.com/business/companies/article/3112858/chinas-us-listed-electric-carmakers-nio-and-xpeng-rev-catch?fbclid=IwAR1gWdADRuGb9rEExyYxyINeIJyPBTqlQaMUF7WrIevcDjfMr3rSkCMcf4o
“Do you NOMI?
NIO signs agreement with State Grid subsidiary to build 100 charging and battery swap stations by 2021
2020-12-14 15:20:48 GMT+8 | cnTechPost
https://cntechpost.com/2020/12/14/nio-national-grid-subsidiary-to-build-100-charging-battery-swap-stations-by-2021/
"Do you NOMI?"
With more funds, NIO is stepping up the construction of charging and battery swap infrastructure.
"On December 14, NIO and State Grid EV service, a subsidiary of State Grid Corporation, reached a cooperation agreement to jointly build 100 charging stations and battery swap stations in China by 2021".
https://cntechpost.com/2020/12/14/nio-national-grid-subsidiary-to-build-100-charging-battery-swap-stations-by-2021/
"Do you NOMI?"
Goldman Sachs Upgraded Nio to Neutral PT from 7.7 to 59.