NIO Inc (NIO) News

EU Slaps Up To 45% Tariff On Chinese-Made EVs As "Economic Cold War" Risks Soar
FRIDAY, OCT 04, 2024 - 08:00 AM
Bloomberg reports that EU member states have voted to slap tariffs of up to 45% on Chinese-made electric vehicles, ignoring warnings from some members that this dangerous move risks sparking an "economic cold war" with Beijing.

The European Commission, the bloc's executive arm, recently concluded its anti-subsidy investigation into Chinese imports of battery electric vehicles. The findings supported the Commission's move to implement the duties, which would last for five years.

Shorts last stand!!! Last quarter for shorting. IMO.

1,000,000 cars a year by 2025…
+battery swap monthly subscription
+ in house chip manufacturing
=$$$$$$$$$$$$

Auto sales in negative territory all year worldwide and the trend continues.

Sales over the past six months have been mostly in negative territory even though inventory continued to rise. Affordability and a slowdown in fleet orders have been the bane to growth. September saw the continuation of gains in the most affordable segments, but it was more than offset by weakness among higher priced vehicles – a theme of the past two quarters.

Only can sell vehicles if Chinese and rest of world have jobs. Billions worldwide losing jobs to automation and this is just the tip of the iceberg..

No money spent on AI if no Jobs and the people to spend money. Battle of billions worldwide losing jobs versus AI has begun
Big Problems for AI stocks just beginning Longshoremen’s Fight Against Automation Confronts an AI Future The strike is the latest effort to resist automation in defense of people’s jobs.
BY KIT EATON @KITEATON
SEP 30, 2024

Photo: Getty Images.
A strike by dockworkers across the U.S. threatens to close ports on the East and Gulf coasts and seriously impact thousands, if not millions, of business supply chains, causing retailers to brace for potential shortages of some products and disappointed customers. This kind of disruption is the goal of strikes, of course, but the longshoremen’s major demand, beyond higher wages, is quite startling. As the New York Post put it, the workers’ union is demanding a “total ban on automation,” and is holding the industry hostage for what analysis firm J.P. Morgan estimates as a $5 billion a day impact to the economy.

Specifically, the International Longshoremen’s Association says 85,000 U.S. workers and “tens of thousands” more around the world are demanding a ban on all kinds of automation at cargo ports. That prohibition would apply to cranes, gates, and moving shipping containers around the busy, sometimes chaotic scenes at commercial dockyards, according to the Post. What this means is that when a giant container ship arrives at a dock, every one of those multi-ton shipping containers would be shackled to a crane’s cable, lifted off the ship, moved ashore, stacked, organized, and moved around by trucks and hoists, each with a human at the controls.

This is dangerous, heavy-duty work, and in many cases it requires an expert driver: Forklifts and cranes are complicated machines, and in the case of cranes it’s often necessary to understand the physics of which type of load is being moved by the cable in order to safely lift it. The danger present in this industry is typified by dozens of articles each year documenting crane- or container-related accidents at ports around the world: Two weeks ago, industry news site the Maritime Executive reported on an incident in the Chinese port of Yantian where a crane collapsed onto a container ship, for example. In July, Taiwan News showed dramatic video of a container crane failure at the port of Kaohsiung. There are countless other examples.

But herein lies the problem. Accidents at ports risk not only physically harming people, but mean potential economic hits through damaged cargo or expensive dockside machinery or shipboard equipment. Apart from accidents, mislabeling or misdirecting cargo at a port could also hit businesses’ revenue. Replacing fallible human workers could thus save port operators a lot of money.

Tracking cargo as it moves from staging point to staging point and through customs clearance is a job that could be handled extraordinarily well by, say, AI-powered robot lifting vehicles. The task is perfectly suited to digital asset management, enabled by high-precision 5G and internet of things tech. Automated cranes, auditing equipment, and robot trucks can work 24/7, 365, and never ask for more pay or get injured.

In a way, the longshoremen’s demand for job protection echoes much of what’s going on as AI use increases throughout the working world, There are strong echoes of 2023’s SAG-AFTRA actors strike, which centered on protecting real humans’ incomes against the threat of technological AI replicas. A recent video game performers’ strike had the same issue at its heart.

The dock worker strike has more than a hint of the ongoing “Will AI steal my office job?” debate, and experts can’t seem to offer a definitive yes or no answer. The longshoremen’s union claims about the threat of automation may even remind history buffs of the Luddite movement in 19th-century England, where workers rioted against the automated textile machines that were replacing them.

But this is the 21st century, and self-driving truck technology really does seem like the coming reality for some aspects of cargo transport. AI sophistication and complexity advances day by day, and robots in the form of AI-driven androids are expected to reach many factory floors over the course of the next several years. Meanwhile, research shows AI won’t necessarily steal office jobs, but simply offer the chance to boost workers efforts as they labor, and even offer totally new roles in a new industry, like a recent report about transportation jobs showed. Can manual workers really hold off against “automation” forever?

huge bounce

Nio hand a strong day today…

China markets closed rest of week holidays see some slight selling now

Nice Bounce

Gap filled

NIO: And all those SCORES of hype PR's --- tossed all over the world's MEDIA today, & this past weekend --- nevertheless could NOT move the PRICE of this bloated-Float EV cars TURD in any direction except DOWN-THE-TOILET!!!!

54 million swaps so far on something “you don’t believe in”loll

Your post their looks & sounds like a LYRIC from the latest #1 Hip-Hop or Rapp ditty!! (E.g., written & sung by some Hot-Blonde-Chick --- of ANY 'Race' --- but who ain't been a Virgin since high school!!)

"Fine with me not First with me"

Fine with me not First with me

First be with me I sold in the $7.40s. Now can buy back cheaper already

Quite a drop from 7.77 this morning….

NIO: And that "1.9-Billion" cash infusion (ironically) matches nearly PERFECTLY its reprehensible "1.8-Billion" shares FLOAT!!! Which is the REASON this China CRAP ain't goin' nowhere, Peeps!! Just like I predicted much earlier this day, HA-HA-HA!!

Nio’s stock soars again after investment deal that could grow to $4.8 billion. More information

It's only up because of a 1.9 billiion cash infusion. I have shares so great I'm making money today but I still don't believe in battery swapping. Too much overhead. Why do they need $1.9 billion? Because they can't make money in their own. That's why.

Nio Surges on $1.9 Billion Injection From Parent, Investors
Nio Inc. jumped the most in nearly five months Monday after unveiling a cash injection worth 13.3 billion yuan ($1.9 billion) from existing shareholders.

$7.60 printed

100%

I believe the USA markets know how to suppress Chinese markets…but the world is waking up

lol..wow..u need to do some research. Nio has biggest infrastructure in all of China…it’s 3x that of Tesla. And u do know that nio does swap and charge..it charges like every other EV on the planet…any also has swapping…imagine not knowing this lolololololol

ITS GAPPING UP...CHINA THE PLACE TO BE

$7.30

NIO: With 1.9-Billion public FLOAT, this shit ain't goin' NOWHERE!!! (Sure this crap ain't no CRYPTO token????)

NIO Announces RMB3.3 Billion Investment in NIO China from Strategic Investors

NIO getting the pump of a lifetime could be up another 10% Monday …to the moon..Chinese Central Bank knows how to pump markets

I'm trade ng all my NIO in for xpe-*. The gap is now double the price. It used to be behind NIO. I just don't see NIO ever being a very good stock. Too much overhead for swapping stations and batteries. What happens if you don't quite make it to the swapping stations before you run out of juice? At least with gas you can fill up a gas can and put some in your car at home to get to the gas station. And you can plug in with others but NIO you have to hope you make it to the swap station if I'm not mistaken.

Port strike starts Tuesday all imports come to a halt ..

Was long covered that no position now. China singles day every year they pump China stocks a few weeks prior this year add stimulus as Chinese economy in a big recession. Best to exit on initial pump for me. No regrets move on to next play

Kiddo u better cover ur short.

Then to add how many Chinese have $30,000 to spend on an EV. Thats capped as China in a recession and had to announce stimulus. Then you have over 20% youth unemployment not looking good

Sure initially has 30,000 prepaid deliveries. Problem will be with future sales as US and Europe shutting down markets to China EV imports

Prob dumbest post of 2024. Onvo started deliveries TODAY! And they sold out all off 2024 inventory in 72 hours. Onvo is the company catalyst. Biggest catalyst in Nio history.

2 billion float soon they will be diluting vie holders back to $4s. Move up unsustainable

$6.60

Battery swapping is about as stupid as wife swapping. Way too much overhead in the end and you'll get burned. It's just stupid in my opinion. Just way too much infrastructure needed in my opinion to sustain a profitable business.

NIO sucks so bad not even bailouts make it go up.

Battery swap is where its at….

$6 bucks

Man this price looks really nice might load up.

NIO Just Shifted Into Another Gear Says Motley Fool

Nio mulling takeover of Audi Brussels car plant, report says

https://cnevpost.com/2024/09/19/nio-mulling-takeover-audi-brussels-plant-report/

$5.70

A company's debt-to-equity ratio is a measure of its financial leverage, calculated by dividing its long-term debt by its stockholders' equity. Generally, a lower debt-to-equity ratio is better for a company's financial standing. While the optimal debt-to-equity ratio varies by industry, it's generally considered best to keep it below 2.0.

Debt-to-equity ratio: As of June 30, 2024, NIO's debt-to-equity ratio was 1.314.

$NIO Total Debt (mrq) $33.12B $.0001 bankruptcy coming

Heading $6

Deutsche Bank expects Nio to launch 6 new products and achieve 330,000 unit sales in 2025 - For more information