To go back in history to general motors in the 1950s when they built five basic models, the Chevrolet, the Pontiac, the Buick, the Oldsmobile and the Cadillac. When they came out with the Chevrolet, your insinuation is that it must have lost some folks who would have bought a Cadillac. That's totally incorrect. No one bought a Chevrolet instead of a Cadillac. New one who want s the new car will buy a neo instead for obvious reasons. It in fact opens the whole new window for the public who wants a smaller, less expensive car that will produce a profit for NIO!
NIO and ONVO comparative advantage beside the quality products and services having a battery that’s chargeable, 5:436:38 swappable and upgradable like no other!!
I always respect and take inconsideration of your opinions! You don’t jump into the hype band wagon and just pump out videos of all the same generic info that most of us hear over and over from top trending NIO channels. You analyze small details that are easily missed and bring up great points! Thank you!
I believe they will transition to an energy storage and distribution company, cars are there just to create demand for their storage and distribution products.
Without profits the market seems to only care about deliveries, and it won't matter if its NIO or ONVO or a combination imho. I agree that the partnerships are key and that will take time. Hopefully by end of year their cash burn and losses will improve.
Very true, Marcel! To me Onvo is just a catalyst forcing their partners to give their money in building and running the battery swap stations, because their orders will simply be stolen by Onvo if not
My take on Onvo is it will deliver in much bigger numbers than Nio and Nio is a premium luxurious brand. Think of Lexus and Toyota, Asian people are very much into class and categories. The middle upper class will only buy Nio and the working middle class will stick with Onvo. I will never able to convince the wife that Toyota is cheaper and more reliable and her first pick will always be Lexus. As for Nio, the expectations are between 12-20K this year and hopefully when China economy recover with 300M millionaires back buying luxury goods Nio should be able to deliver 20-30K monthly. The key here is Onvo will outsell Nio 2-1 with BaaS. The biggest revenue for Nio will be from BaaS and services. Onvo and Firefly are the only way to push over 1M vehicles deliver annually
Onvo brand means family in Chinese. I think there’s enough sales for both brands . They are going after Tesla and BYD in this price point. The key question is what does this do to their cash burn . They will need more investments and partners . The next earnings will be very important.
I am concerning about the new 60KWh battery, they said it will be put into 3rd gen station, and it will be thinner than original battery pack, how about the maintenance and distribution? Will it disrupt user experience?
I feel they held out offering a cheaper car they could of removed 2nd motor on ETS and used a cheaper self driving , look at rollysroyce they up 300% in a yr they did not make a cheap model they branched out making like Jet engines , nio had pain backed in for a hi end , I hope this does not shift it to a low end china ev ; Cost so much to devolop a car and thus far with all Nio models none sold enough to break even , Tesla is superior at making only what makes them where they are ,
Many will get an ONVO because they do not afford a NIO. I also believe that some potential NIO costumes will opt for an ONVO since they look great, and look like a NIO.
Well I'm just referring to those who pump Nio unconditionally. As far as who is better, you can argue anyone who is making a profit is better. Don't get me wrong I'm a fan of Nio but they have yet to prove to be the end all be all.
We already know that future NIOs (gen 3+) will cost more and offer more. The "cannibalization" if there is any, is very temporary and is probably at the benefit of the company since the ONVO L60 has better margins too. It's pretty clear that now NIO is shifting strategy. It was a matter of time. Flagship NIO is there for R&D and branding. DONGXii I think you have been misunderstanding NIO's plan all along. It's the same with NIO calling themselves an automaker. The only reason they do that is to create an entry point for users and to fund their R&D efforts. In the future, they will call themselves a smart mobility/lifestyle company. They will expand into tourism industry, entertainment etc. etc. assuming that they have established a high userbase worldwide. They have now reached the point where they have to sell volume, so naturally they have to compete with TESLA and be savage about it. I personally think that TESLA will inevitably become irrelevant in the automotive space, along with other companies like Li Auto, LUCID etc. etc. When that happens, it signals to me that the public is ready to accept NIOs leading role in the smart mobility space.
leapmotors+ stellantis, xpeng+VW..... maybe Reanult+ Nio for EU firefly (and onvo?) production? their have big plans for EV but their offering is bleak. Are macron and Xi friends again now?
Tesla is getting crushed and thank goodness. Sales from Shanghai globally down 10% this year. Hertz dumped 30k more teslas as they are garbage. Cybertruck flat out failed. Great news.
The only concern for me of this swappable tech is the risk that the battery can be stolen if you park your car in the street at night, we saw what they did for the muffler that cost 10% the price of the battery, imagine what will thiefs do when then know that batteries cost a fortune
@@Fliptop95 I hope so because they can sell it in black market for raw materiels, I donno if NIO put security on screws that made only the swap station capable of removing the battery.
@@ryanromero4095 because whatever you say about stocks is always the opposite. Haven’t you learned that by now? When they said Nio to the moon , what happened ?
@@ricorichards4099 I think it’s still early to say. I was just wondering if you had any information on why they might go bankrupt. Was interested in your bear case.
Onvo will be a success!!!! 👌👍🔥👌 hot bread! Thanks for the video Marcel!
To go back in history to general motors in the 1950s when they built five basic models, the Chevrolet, the Pontiac, the Buick, the Oldsmobile and the Cadillac. When they came out with the Chevrolet, your insinuation is that it must have lost some folks who would have bought a Cadillac. That's totally incorrect. No one bought a Chevrolet instead of a Cadillac. New one who want s the new car will buy a neo instead for obvious reasons. It in fact opens the whole new window for the public who wants a smaller, less expensive car that will produce a profit for NIO!
Ya. I Completely agree. This opens up a whole new market segment. It doesn’t split their current market segment.
NIO and ONVO comparative advantage beside the quality products and services having a battery that’s chargeable, 5:43 6:38 swappable and upgradable like no other!!
navigating thru 3 yrs of market manipulation, always the voice of reason & objectivity
The succes will be find into the infrastructure of battery Swapstations and all the possibilities and partnerships less costs
I always respect and take inconsideration of your opinions! You don’t jump into the hype band wagon and just pump out videos of all the same generic info that most of us hear over and over from top trending NIO channels. You analyze small details that are easily missed and bring up great points! Thank you!
Agree 👍
Thanks for the info 👍🏾
Thanks friend
Most importantly for me is to have decent margin on this car. Otherwise, the whole sub brand idea will have negative impact on NIO
the validation of this assumption is still "in progress" I would say .. ;)
Swaps will Trump all in the years to come.....swaps and power
I believe they will transition to an energy storage and distribution company, cars are there just to create demand for their storage and distribution products.
I'm with you 100%
Without profits the market seems to only care about deliveries, and it won't matter if its NIO or ONVO or a combination imho. I agree that the partnerships are key and that will take time. Hopefully by end of year their cash burn and losses will improve.
Marcel, don’t be worried
🪫🔁🔋🏁
Very true, Marcel! To me Onvo is just a catalyst forcing their partners to give their money in building and running the battery swap stations, because their orders will simply be stolen by Onvo if not
My take on Onvo is it will deliver in much bigger numbers than Nio and Nio is a premium luxurious brand. Think of Lexus and Toyota, Asian people are very much into class and categories. The middle upper class will only buy Nio and the working middle class will stick with Onvo.
I will never able to convince the wife that Toyota is cheaper and more reliable and her first pick will always be Lexus.
As for Nio, the expectations are between 12-20K this year and hopefully when China economy recover with 300M millionaires back buying luxury goods Nio should be able to deliver 20-30K monthly.
The key here is Onvo will outsell Nio 2-1 with BaaS. The biggest revenue for Nio will be from BaaS and services. Onvo and Firefly are the only way to push over 1M vehicles deliver annually
Good points
Does somebody know if the Onvo will have a voice assistant like Nomi?
Onvo brand means family in Chinese. I think there’s enough sales for both brands . They are going after Tesla and BYD in this price point. The key question is what does this do to their cash burn . They will need more investments and partners . The next earnings will be very important.
I think Onvo is Family in French
I like that jacket or sweater
Remember, no access to NIO Houses. Also, NIO will have exclusive access to swap NIO swap stations
I like to compare this to Lexus / Toyota
Called the Osborne effect
I am concerning about the new 60KWh battery, they said it will be put into 3rd gen station, and it will be thinner than original battery pack, how about the maintenance and distribution? Will it disrupt user experience?
Strange I thought NIO only took gen 1-3 battery swap stations and onvo will be charged at gen 4 battery station? Not sure it will disrupt anything.
just out.. FAW will join Nio’s battery swap alliance as 7th member, report says , lets gooooo
I feel they held out offering a cheaper car they could of removed 2nd motor on ETS and used a cheaper self driving , look at rollysroyce they up 300% in a yr they did not make a cheap model they branched out making like Jet engines , nio had pain backed in for a hi end , I hope this does not shift it to a low end china ev ; Cost so much to devolop a car and thus far with all Nio models none sold enough to break even , Tesla is superior at making only what makes them where they are ,
It could happen both ways people may notice cheap price on onvo but maybe just notice nio itself and may look into nio as well
Many will get an ONVO because they do not afford a NIO. I also believe that some potential NIO costumes will opt for an ONVO since they look great, and look like a NIO.
I've learned not to trust management communications about new product launches. I'll see the impact once the brand gets released.
Thank for being the voice of reason Marcel and not a Nio-nazi.
What are you talking about? What is a Nio-N...?
Those who believe that Nio is the supreme EV and is infallible.
Who’s better?
Well I'm just referring to those who pump Nio unconditionally. As far as who is better, you can argue anyone who is making a profit is better. Don't get me wrong I'm a fan of Nio but they have yet to prove to be the end all be all.
@@sharpshot6111 just wondering what company you would but ahead of them as far as being more innovating.
We already know that future NIOs (gen 3+) will cost more and offer more. The "cannibalization" if there is any, is very temporary and is probably at the benefit of the company since the ONVO L60 has better margins too. It's pretty clear that now NIO is shifting strategy. It was a matter of time. Flagship NIO is there for R&D and branding. DONGXii I think you have been misunderstanding NIO's plan all along. It's the same with NIO calling themselves an automaker. The only reason they do that is to create an entry point for users and to fund their R&D efforts. In the future, they will call themselves a smart mobility/lifestyle company. They will expand into tourism industry, entertainment etc. etc. assuming that they have established a high userbase worldwide. They have now reached the point where they have to sell volume, so naturally they have to compete with TESLA and be savage about it. I personally think that TESLA will inevitably become irrelevant in the automotive space, along with other companies like Li Auto, LUCID etc. etc. When that happens, it signals to me that the public is ready to accept NIOs leading role in the smart mobility space.
leapmotors+ stellantis, xpeng+VW..... maybe Reanult+ Nio for EU firefly (and onvo?) production? their have big plans for EV but their offering is bleak.
Are macron and Xi friends again now?
NIO does not need ONVO. It's like saying Lexus need Toyota to be profitable. We need to look at NIO and ONVO as two separate companies revenue.
No... that's not how it works and it's definitely not in line with NIOs strategy.
We see next Tuesday and most important to me next earnings report be bad and more excuses
Hardly any People know MINi is owned by BMW. They alsp do not know whete it is made. So 0% worry
Tesla is getting crushed and thank goodness. Sales from Shanghai globally down 10% this year. Hertz dumped 30k more teslas as they are garbage. Cybertruck flat out failed. Great news.
Ppl buying nio cars are rich ppl..they want status ..so why would they buy onvo now ? They want the et7. Onvo is for the middle class.
There are lots who can’t afford to buy NIO and will or can afford to buy ONVO . Why are so hard for you to understand??
That’s like asking why people buy Lexus or Toyota in the states…..
The only concern for me of this swappable tech is the risk that the battery can be stolen if you park your car in the street at night, we saw what they did for the muffler that cost 10% the price of the battery, imagine what will thiefs do when then know that batteries cost a fortune
That’s a dumb concern
@@andrewdavis6100 once you wake up without a battery in your car, tell me that I am dumb
That's a great question. However, if Nio has tech to monitor the battery health, I'm sure Nio could also locate its whereabouts 👍
@@Fliptop95 I hope so because they can sell it in black market for raw materiels, I donno if NIO put security on screws that made only the swap station capable of removing the battery.
It's several hundred pounds. And screwed on with a lot of boots that would need a special tool to undo
It will bankrupt the company just look at the stock crack and burn
Why do you think it will bankrupt them?
@@ryanromero4095 because whatever you say about stocks is always the opposite. Haven’t you learned that by now? When they said Nio to the moon , what happened ?
@@ricorichards4099 I think it’s still early to say. I was just wondering if you had any information on why they might go bankrupt. Was interested in your bear case.