Nio inc
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jack. liked last!- Droopymaes
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Dan gok ik op VELODYNE (al verkopen) of INDIE (verkopen mogelijk vanaf 2020)It is expected to be built on the second-generation platform NT2.0 which is currently under development and will be equipped with LIDAR. The car will be still using a dual-motor, four-wheel-drive system, and will be compatible with the L4 driver assistance system.
Referring to LiDAR at the used car business launch event held on January 3, NIO co-founder and president Qin Lihong said, "Our mission is to find a LiDAR that is better than Luminar's and earlier in mass production."
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Ik heb Velodyne in portefeuilleDroopymaes schreef: ↑04 jan 2021 08:51Dan gok ik op VELODYNE (al verkopen) of INDIE (verkopen mogelijk vanaf 2020)It is expected to be built on the second-generation platform NT2.0 which is currently under development and will be equipped with LIDAR. The car will be still using a dual-motor, four-wheel-drive system, and will be compatible with the L4 driver assistance system.
Referring to LiDAR at the used car business launch event held on January 3, NIO co-founder and president Qin Lihong said, "Our mission is to find a LiDAR that is better than Luminar's and earlier in mass production."
- letta75
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https://www.investors.com/news/nio-stock-buy-now/
Voor diegenen die de tijd niet hebben om het artikel te lezen, hieronder de conclusie

From a fundamental perspective, Nio's financial condition is improving after debt and liquidity fears slammed shares. Nio is paring losses while delivering huge top-line growth.
The outlook for Nio's sales and overall electric car sales in China seems robust, while an expansion in Europe promises more runway for growth.
Major Wall Street firms also view the EV startup's subscription battery business model as innovative. Similar to Tesla and BYD, Nio may become a battery play as much as an EV stock.
Technically, Nio is in buy range from its newest breakout, which was backed by solid volume. The RS line made a bullish move higher as the stock broke out.
Bottom line: Nio stock is a buy.
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https://www.youtube.com/watch?v=lzB-3q_e5Cw
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January 09, 2021 08:28 ET | Source: NVIDIA
NVIDIA DRIVE Orin SoC
SHANGHAI and SANTA CLARA, Calif., Jan. 09, 2021 (GLOBE NEWSWIRE) -- NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities.
NIO is working to make consumer adoption of smart, performance-packed electric vehicles a widespread reality. At NIO Day, the company’s annual customer event, the EV maker revealed its NVIDIA DRIVE Orin-powered supercomputer, dubbed Adam, which will first appear in the ET7 sedan that will ship in China starting in 2022.
“Autonomy and electrification are the key forces transforming the automotive industry,” said Jensen Huang, NVIDIA founder and CEO. “We are delighted to partner with NIO, a leader in the new energy vehicle revolution—leveraging the power of AI to create the software-defined EV fleets of the future.”
“The cooperation of NIO and NVIDIA will accelerate the development of autonomous driving on smart vehicles. NIO’s in-house developed autonomous driving algorithms will be running on four industry-leading NVIDIA Orin processors, delivering an unprecedented 1000+ TOPS in production cars,” said William Li, Founder, Chairman and CEO of NIO.
Adam signals a major achievement by NIO in bringing automotive intelligence and autonomous driving to market, safely and reliably. With a centralized, software-defined computing architecture, NIO’s next-generation EVs, like the ET7 sedan, will feature the latest AI-enabled capabilities, which are perpetually upgradable after the point of sale.
NVIDIA Orin is the world’s highest-performance AV and robotics processor. This scalable supercomputer-on-a-chip family delivers an unprecedented 254 trillions of operations per second (TOPS) while also being able to scale down to entry-level ADAS/Level 2 use cases (10 TOPS/5 watts). NIO will feature four high-performance Orin SoCs in each of its EVs to achieve an industry-leading performance of 1,000+ TOPS — delivering the redundancy and diversity necessary for safe autonomous operation.
As the first of NIO’s EVs to feature Orin, the flagship ET7 is a high-performance vehicle that accelerates from zero to 100km in only 3.9 seconds. It also features a new 150kw battery for extended mileage range.
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CHENGDU, China/SHANGHAI, Jan 10 (Reuters) - Chinese electric vehicle (EV) maker Nio Inc is taking on conventional gasoline premium automakers from BMW to Audi further, launching on Saturday its first sedan model as it eyes a greater share of the world's largest car market.
The launch of the ET7, at an event in the western city of Chengdu, came as rival Tesla started selling its China-made Model Y sport-utility vehicle in the Chinese market.
Nio is aiming to expand its product lineup to attract more customers. In China's passenger car market, sedans and SUVs each make up around 46% of overall sales. Chief Executive William Li said Nio's new battery technology will give the ET7 a drive range of over 1,000 km (621 miles) between charges.
The starting price will be 378,000 yuan ($58,378) for the car without the battery pack, one of the most expensive EV components, which can then be leased from the company. With the battery pack, the starting price is 448,000 yuan. Li said in an interview ET7's target rivals were BMW's 5-series, Audi's A6 and Mercedes-Benz E-class sedans.
It was "reasonable" that Nio could sell similar amount of ET7 as BMW's 5-series sedans in China in the future, Li said, but gave no details of timeframe. The starting price for the BMW 5-series is 426,900 yuan and BMW sells over 10,000 of them each month in China.
Li said the ET7 will be fitted with lidar sensors - which help the car perceive its surroundings, and are often found in autonomous cars - to assist drivers, a technology dismissed by Tesla Inc's outspoken chief Elon Musk.
The Californian automaker, which is selling Shanghai-made Model 3 sedans, has just started selling its Model Y vehicles at a starting price of 339,900 yuan. It uses cameras for driver assistance.
Nio, which delivered 43,728 vehicles last year, has a market capitalisation of over $92 billion, surpassing conventional automakers Daimler AG and General Motors Co Investors have poured billions of dollars into electric vehicule development.
Li said "it is not a bad thing" when asked about the high market value of the firm, but added Nio is still relatively a small company compared to established firms like BMW in terms of sales volume.
It is currently selling three SUV models built at a car factory in China's eastern city of Hefei.
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JP Morgan raises PT on stock to $75 from $50 seeing it as a "fast-growth technology/EV stock than a carmaker"
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Bank of America $70 PT
CICC $85
JP Morgan $75
Credit Suisse $71
Daiwa securities $100
DeutscheBank $70
Citi awaiting
Goldman awaiting
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