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EV of the future, will Chinese company NIO make Tesla obsolete?

HumblePi

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https://en.wikipedia.org/wiki/Nio_Inc
Nio Inc. is a Chinese electric vehicle company headquartered in Shanghai. The company was established in 2014 and adopted its current name in 2016.

The company is notable for operating battery-swapping stations for its vehicles, as an alternative to conventional charging stations. It operates over 1,300 battery swap stations in China. It also develops semi-autonomous and autonomous vehicle technologies. Nio has participated in Formula E racing since 2014. Nio created a new electric car brand called Onvo in 2024, intending to target the mass market.



In 2021, the company announced plans to expand to 25 different countries and regions by 2025
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No more waiting 30 minutes at a charging station. There are swap-stations where the entire battery is removed and replaced with a fully charged battery in about five minute. I'm a car enthusiast, I've been interested in cars of all makes since I drove a car for the first time at the age of 14. This one is definitely intriguing. China's technology is making headway, knocking the West down a few notches.

Shares of Chinese electric vehicle (EV) maker Nio (NIO -2.30%) shot higher by as much as 11.4% this morning. The move pushed Nio's American depositary shares to their highest level of the year


 
I wouldn't buy into anything China is saying, and I'm still not convinced of EVs until we do something huge with battery tech.
 
I don't care. I just want to see Tesla and Musk GO DOWN HARD. I don't drive enough to matter- less than 7000 miles in 5 years, and I will never invest in a Chinese car.
 
That's a lot of batteries to store in many, many places. Not sure how cost effective it will be.
 
Loulit01 said:
That's a lot of batteries to store in many, many places. Not sure how cost effective it will be.
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Storage is the problem of the battery swapper. They're stored there, recharged, and swapped out again.
 
Ikari said:
I wouldn't buy into anything China is saying, and I'm still not convinced of EVs until we do something huge with battery tech.
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I don't have a plug-in electric vehicle, but I purchased a hybrid in 2022. It recharges itself while the car is driving. I get up to 46 mph depending on the driving conditions. I love it.
 
I saw Mexico is also producing their own.
 
That's how I saw this working out, battery swapping. When my screw-gun dies I don't have to wait for the battery to charge, I just swap it out.
Problem is, for that principle to be really efficient all the manufacturers would need to be on board with the same batteries.
 
Jessie C said:
I don't care. I just want to see Tesla and Musk GO DOWN HARD. I don't drive enough to matter- less than 7000 miles in 5 years, and I will never invest in a Chinese car.
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When Elon Musk came out with the Tesla, China saw this as the future of the auto industry. They invited Musk to build a plant in China, and part of their conditions was that he had to open everything up to them. To Elon Musk, it sounded like a great deal. He was going to get access to a huge market for his car. It was a big deal for him. It worked out great for Musk in the short term. He got Chinese government subsidies from the Communist Chinese Party, he partnered up with them, he built a major plant in China, but China got a better deal because they were able to come in and everything that he was doing with his cars, they took the technology. They built upon his models, and they improved it, they made it cheaper and more efficient. China continued to innovate, and now their Chinese cars are way outselling Musk's Teslas, he's having a very hard time selling his Tesla in China these days.

That was always China's plan. Let him come into China, subsidize him, let him promote the technology, then take all his technology, and push him out. The Tesla truck is a horrible failure. You can pull the sides right off the truck, they're just glued into place. China is plowing ahead of everyone as far as EVs are concerned.
 
There is something fishy here. The weight of the average EV battery is 1000 pounds. What do these "swapable" batteries weigh and what range do they have?
 
Tesla used to offer free charging to new vehicles for life. Tesla stopped offering that in 2018. Tesla sometimes offers free Supercharging for a limited time with the purchase of a new car. A person with a Tesla can charge it at home, if they have the charging equipment installed of course, but it's expensive. Tesla offers a Home Charging Plan, where you will pay a low fixed monthly fee to Tesla. The fee covers all vehicle charging performed during overnight.
 
HumblePi said:
The Tesla truck is a horrible failure. You can pull the sides right off the truck, they're just glued into place.
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Seriously?
 
iguanaman said:
There is something fishy here. The weight of the average EV battery is 1000 pounds. What do these "swapable" batteries weigh and what range do they have?
Click to expand...
China may have an improved battery than the Tesla. The Chinese are very innovative. Every battery is stored at the battery exchange, it gets fully charged and then installed on the next car. It's the responsibility of the battery change station to supply a good battery. Those electric car batteries in China, like those in other markets, are expected to last for at least 10 years or 100,000 miles.
 
An MO they have attempted with just about every sophisticated Western technology/IP: offer them a Faustian bargain to either outright surrender their tech/IP/trade secrets/research, or partner with a local company (which would then be an in to take the technology, lawfully or otherwise through corporate/industrial subterfuge) in exchange for access to Chinese markets, subsidies, facilities, cheaper production or some combination thereof, then use the bottomless pockets of the CCP and its state subsidies to build up a homegrown alternative that will ultimately wipe them out.

Of course Elon would be so stupid to fall for such myopia when others far smarter than him already have.
 
Hamish Howl said:
Yeah. There's a video out where a guy just slams the door hard and the inside door panel fell off.
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Found a video from a guy who explains what's happening.


This is pretty dangerous to have sharp bits flying off a truck. Not to mention it shouldn't happen with a $100k vehicle.
 
People here in the US don't realize how far ahead of the US, China is technologically. And it's not just cars, it's in everything. That's why the US needs to remain a trading partner with China. Their skills and 'know how' is essential to us to be competitive.
 
There are all kinds of cool cars and trucks in the world that the progressive mommy state forbids us to own. I'm into trucks, so here are some awesome little trucks that Americans would love to own:

The Suzuki Jimny

The J70 Land Cruiser

This little 4x4 Mahindra pickup

But nope, mommy government only permits luxobarge American shitboxes that cost 100k and start falling apart as you drive it home.
 
I wouldn't go nearly that far, in some fields they're arguably ahead (and mostly due to the sort of technological theft described) but not for most. If anything we should accelerate friendshoring and reshoring of technologically advanced and strategically important industries as quickly as is reasonable to minimize any further erosion of American competitiveness due to the schemes previously described that have arisen precisely because we do business with China at great long term cost to our country.
 
Here's the irony of all this. Musk is supposed to be trumpdump's side kick. Musk owns Tesla, a car almost NONE of trumpdumps poor magats can afford. Even the rich folks who own Teslas are ashamed to own them. Many decent folks bought these cars thinking they were benefiting the environment only to have trumpdump trash everything that benefits the environment..even the so-called republicans are ashamed to drive these cars..maybe for fear of retribution? Hey, sorry, when my car threatens my life, it's GONE.

There may be a faint light at the end of this horror tunnel.......
 

Nio, the stock, is a dog. It's just now showing a little life. Don't get too excited.
 

What a silly post, full of misinformation and assumption.
 
How great. Dumbass dems going to support Chinese made cars because they hate Trump and hate Musk because Musk made a decision based on his opinions on morals, principles, politics, business. A free country , except where democrats are concerned. If you don't think like they think you are a fascist. So go ahead and screw the U.S. and help China. That's good little democrats.
 
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