Talk with nio we maintain price stability and overall efficiency strategy – equalocean 4 main gases in the atmosphere

##########

China’s passenger car sales plunged for the seventh time in Jan 2019 since the market began to contract in Jun 2018, falling 17.7% year-on-year. The slowdown forced automakers and dealerships to resort to incentives and reductions to lure customers. On March 1, Tesla reduced prices of eight models in China, including Model S, Model X and Model 3 from CNY 113,000 ( USD 16,808.75) to CNY 341,100 (USD 50,738.63).

Trends in new consumption, new energy gas law questions and answers, and intelligence provide valuable opportunities for the auto industry, especially in China. Revenues from manufacturing and selling vehicles will only be marginally higher than they are today, and profits from car sales will shrink slightly. However, revenues from mobility services are projected to soar to almost EUR 1.2 trillion—with profits reaching as much as EUR 220 billion by 2030, according to Accenture.

Thus, traditional automakers are urging car manufacturing to transition to mobility services: Toyota intended to plan and provide new mobility services in 2017 in anticipation of a mobile society. Additionally, BMW and Daimler created a joint venture company to jump into the electricity experiments online ride-hailing and car sharing industry last year. Hangzhou-based Geely has its own car strategic chauffeur ride-hailing brand CaoCao Zhuanche and state-owned SAIC Motor Corp has an electric vehicle rental service company called EvCard.

NIO began deliveries of the ES8 gas quality in June and launched its latest production model, the ES6, a five-seater high-performance long-range premium electric SUV, in December 2018. Its six-seater ES8 is available for order last December and expected to deliver in late March 2019. NIO also announced the pre-subsidy price of the six-seater NIO ES8 variant which starts at 456,000 RMB ( USD 67,855.08). NIO’s six-seater ES8 and second model ES6 is ready to for delivery this month and in June of 2019, respectively.

SUN Fangyuan (孙方圆), the PR director of NIO claimed the six-seater ES8 is a variant model of the original seven-seater ES8, which will inevitably bring up total costs. Additionally, the final price of the six-seater ES8 is based on the company’s survey on consumer needs. It seems that the company does not expect more market share in the new ES8 compared to the previous model, according to iyiou.com.

In addition to the gas pain in shoulder limited Premier edition, NIO says that the ES6 is offered in Standard and Performance Versions with starting prices of CNY 358,000 and CNY 398,000, which is the equivalent of USD 52,000 and USD 58,000 respectively. Since NIO does not have dealers and it opens direct selling stores, NIO has full control on price. “NIO will guarantee the price stability, at least for a very long time,” said QIN, implied that NIO will not cut down ES8 price after ES6 coming out.

NIO is now upgrading the central control unit of ES8 for its users, only charging for the component costs and leaving natural gas jokes alone installation or logistics fees. To conclude, NIO will keep the price of former models stable after new models launch. The company also will be in charge of current model upgrades. Range Anxiety Electricity Power Coverage

NIO has a range of solutions to make range anxiety a non-issue, including the battery swap stations and the NIO Power van, a service vehicle with two 70-kWh battery packs in the rear electricity freedom system that can come to where you are and recharge your car for you, either in an emergency or as a courtesy. This service is powered by the popular NIO app and its “One Click For Power” option, which LI stated the serviced had been used over 28,000 times while he was on stage during NIO Day 2018.

On NIO Day 2018, LI Bin claimed that 95% of customers driving their ES8 to commute to offices (range within 60km), 4.6% of them go for intercity road trips (range within 500km), and 0.4% are for long distance trips. With that being said, NIO divides their charging service into two parts: first, personal stations and One Click Service for electricity physics khan academy Power for daily usage; second, the highway power swap station network and One Click Service will serve for long-distance travel.

China is accelerating its public charging stations coverage as well. There are 285,000 public charging stations as of September 2018, according to data gasco abu dhabi salary collected by China Charging Alliance. While that number is rising, the efficiency of charging is lagging behind. If the station is charging several vehicles, it takes longer to be fully charged. It is a technology problem which is not caused by technology itself but the market volume. Only a limited number of drivers will drive EVs for a long-distance trip.

NIO had no choice but to send a charging truck from Beijing to accompany a driver who wished to drive from Guangzhou to Xinjiang, where there was no charging truck. It changed this year. NIO is ready to serve customers who want to drive through the Beijing-Xinjiang expressway (G7) into a no man’s land this year as long as the customer call NIO two days before the travel. We see the huge growth in terms of NIO’s long term investment that increased 214.7% to USD 21.57 million in 2018 compared to 2017. It is hard to say when these investments can be turned into profits. Branch operations and swap stations located in certain areas cannot earn net profits.

NIO gas prices under a dollar gave its answer towards the new market trends with NIO House and the NIO APP. To prevent and respond to range anxiety in both short-distance and long-distance, NIO is providing a wide range electricity dance moms song of power services with NIO Power. The company currently has 13 NIO Houses in 11 cities and 16 pop-up NIO Houses, according to the Q4 Earnings Call.

Size matters in the auto industry. Economies of scale makes it easier for automakers to earn profits from offering an ample range of products and gain strong bargaining power with suppliers. NIO’s heavy investment in its sales and services did somehow affect its short-term financial report. However, it is reasonable to project these factors into long-term success after NIO reaches economies of scale.