NIOtime #22: A letter to NIOtime Gang - Always Forward
Technical Chart. Media News Recap. NIO App Stories. All from a group of NIO global fans exclusively for the NIO community.
Dear NIOtime gang,
This week’s issue is different than the past commentary as we are writing a brief letter to you who have been following us since last few months. We appreciate your subscriptions, shares, and likes. We learnt a lot by summarizing what’s happening to NIO every week. The decision we made at the end of this issue is very hard. Let’s begin this week’s highlights before reaching our letter to you all.
This Week’s Top 3 Highlights by @theNIOtime
All Analyst Ratings Summary from Bloomberg Terminal
NIOtime Estimate on January Delivery - 7777 units
NIO Power Updates - 10 Power Swap in next 10 days
News
All Analyst Ratings Summary from Bloomberg Terminal
Last week Morgan Stanley analyst gave an overweight with cautious rating on NIO and raised their previous price target to $80.00. However, NIO doesn’t run much on the analyst news and staying at the tight range between $56 and $62. Now the next upcoming catalyst is on January delivery number which is expected to be released early next week.
Here’s the latest analyst ratings from Bloomberg Terminal for your reference.
NIOtime Estimate on January Delivery - 7777 units
NIOtime estimate on NIO’s January delivery number is 7,777 units. Our justification for this number is based on the promised production of 7,500 units starting Jan 21 by Li Bin last year. Last month, we saw a delivery surprise from NIO surpassing 7000 units. This week we may observe another record breaking for NIO’s delivery number in their history. This estimate is achievable as we observed a record high orders before mid October. The expected lead time for NIO to deliver cars to NIO users is about 6-10 weeks. And from our survey, most people voted for 8000-8999 range and the next highest delivery range is 7000-7999. Let’s see next week how close our estimate are with the actual one.
NIO Power Updates - 10 Power Swap in next 10 days
The current NIO Power Updates: 179 Power Swaps and 116 Power Chargers. NIO announced that they will build another 10 Power Swaps in next 10 days to ramp up the Power Swap number. (Source: NIO App)
Our Letter to NIOtime Gang
We are heavy hearted to announce that we are going to pause NIOtime weekly commentary for personal reasons. This is going to our last issue momentarily. We started NIOtime five months ago envisioning to bridge the language gap by delivering NIO related news to our NIOtime gang. We believe in NIO for long term and keep building our conviction along the journey with you all. NIOtime is gracious to grow from 0 to 1644 subscribers in the past few months.
We still not forget our ultimate vision for NIOtime is to become the first-to-go digital media companion exclusively for NIO global investor communities by delivering untold and inspiring stories from the NIO app, NIO official accounts, and local media news stream. This will always be the vision and we will constantly pushing ourselves how we can create values and insights to the NIO investor community.
Therefore, we would take a step back to examine our ways for delivering NIO related news more efficiently. Despite our pause on the weekly commentary, we want to reassure everyone that we are bullish for NIO in the long term as NIO’s fundamental isn’t changed and the global electrification trend is confirmed on the rise.
At the moment, we would not want to disconnect from those of you whom follow us since the beginning and we would focus on managing quick and short updates solely on NIOtime Twitter. If you would like to connect with us, please stay tune for our next milestone on NIOtime Twitter. Please feel welcome to send us your suggestions how we can better serve you in delivering the best contents of NIO on the web.
Last but no least, thank you for your all-time support! You may still post news you find on NIO on News thread. Personally thanks NOMI and SZABO to post news on the thread.
It’s NIO time, Blue Sky is here!
Sincerely yours,
The NIOtime team
Thanks for the shout out from NIOTime!! We’ll miss your NIOTime weekly letters here (I don’t tweet), and look forward to the next one!!
How ironic...I was not going to post my estimated delivery number for January, 2021 because I think it could be anywhere from 7,500-8,000, but I was thinking the same number NIOTime has posted, which is 7,777 (simply because it should be over 7,500, and I am a fan of patterned numbers 😉).
I have heard from someone I know affiliated with NIO that it will be “well over 8,000”. However, this should be considered a rumor only, as it cannot be confirmed.
We will know soon enough!!
“Do you NOMI?”