Posted on 10/04/2018 12:56:28 PM PDT by aquila48
When NIO debuted on the NYSE two weeks ago, I wrote an article for Forbes on the electric carmaker's prospects and how to play the stock. Its shares jumped 76% on Day Two but have since leveled off. What didn't level off is interest from readers, clients and investors alike, asking "What's next?"
For NIO, "next" is churning out automobiles to happy customers, while further building brand and demand. The company has 17,000 pre-orders to fulfill and still has delivered less than 2,000 to date.
What's next for China's premium EV industry is anyone's guess, starting with "Who." Some sources estimate there are 487 EV startups in China alone. Our company's database puts that number closer to 49. Regardless, reasonable minds agree that only a small fraction will make it out of the first round standing. Ian Zhu, NIO Capital's Managing Partner, puts the survival rate at a mere 1%.
If Mr Zhu's estimate is correct, a single roulette number has at least 2x better odds of winning than a Chinese EV startup has of surviving. Keep that in mind as I deliver you the least risky bets. Just don't bet too much. This is China, where everything is possible and nothing is easy:
Byton
Their concept electric SUV - the "M-Byte" - was a hit at this year's CES. The selling point is the interior, described as a "digital lounge". It includes a stunning 50-inch touchscreen in place of the traditional dash, as well as rotating front seats and a tablet in the steering wheel.
Name is derived from "bytes on wheels", aspiring to be the first real smart car.
Led by former Infiniti and BMW execs. Backers include the City of Nanjing, FAW, as well as CATL, China's #1 battery maker.
Starts at $45k.
(Excerpt) Read more at forbes.com ...
The EV market is drawing a lot of investment. It isn’t going away no matter how much some FReepers hate it.
Video of the M-Byte:
https://www.youtube.com/watch?v=KfbiEMhNHlo
For city use an EV may make sense. Other than that it will always be a novelty until a quick charge battery is invented. It has not been invented yet.
EV = hurry up and wait.
After today, any electronics made in China will likely not be available for use in the US.
Bloomberg broke a pretty massive story - The Chinese embedded hardware back doors in every scale server sold to the US’s major PAAS companies - Apple, Amazon, Google, etc.
Obama knew. Apple found out in 2015 and stopped buying them. AWS BOUGHT the company, so they knew.
Yeah. Going to be an interesting month.
Never buy Chinese electronics if you can.
The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies
https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies
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