17. Government Support
Opportunity The change of 2020 - 2022 Market Share
for EVs companies in China
Strong support from the
Chinese government for new
energy vehicles
20. Highly competitive market
Threat
Tesla sold nearly 79,000 vehicles (+145% yearly)
BYD sold 133,762 NEV passenger vehicles up over
160% yearly
Our company is quickly falling behind
strengthening competition.
21. Accelerated charging of new energy
vehicles
Threat
Supercharging stations are becoming more common
800v fast charging can reach 5 minutes of charging
and a range of 200 km
Exchange stations are losing their advantages as a
result
24. Enhance the differentiation advantage
Enhance differentiate from traditional luxury brands like
BBA by:
Build user-oriented luxury brand through NIO Houses, NIO
Service, and other ecosystems
Improve product functions, scenarios and services with big
data as the guide
29. Reference
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Castelvecchi, D. (2021). Electric cars: the battery challenge. Nature, 596(7872), 336-339.
Electric Vehicles - China. (n.d.). Retrieved March 28, 2023, from https://www.statista.com/outlook/mmo/electric-vehicles/china
Gao, H., & Yuan, L. (2020). Research on key technology of pavement object recognition based on machine learning. Neural Computing &
Applications, 32(10), 5483–5493. https://doi.org/10.1007/s00521-019-04643-6
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vehicle start-ups? taking Nio as an example. World Electric Vehicle Journal, 12(2), 71.
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the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022).
https://doi.org/10.2991/aebmr.k.220405.058
Markets, R. and. (2022, May 23). NIO automaker strategy research report - in 2022 NIO will deliver 3 new models. PR Newswire: press release
distribution, targeting, monitoring and marketing. Retrieved March 28, 2023, from https://www.prnewswire.com/news-releases/nio-automaker-
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Najman, L. (2022, June 3). Fastest charging evs in 2022. What Are The Fastest Charging Electric Cars in 2022? Retrieved March 28, 2023, from
https://www.recurrentauto.com/research/fastest-charging-evs
30. Reference
Nio. (2023). Nio Service. NIO. Retrieved March 28, 2023, from https://www.nio.com/nio-service
Yang, N. (2022, March 22). China's Nev Market reports best February sales ever with 180.5% yoy surge. EqualOcean. Retrieved March 28, 2023,
from https://equalocean.com/analysis/2022032217162
Wong, K. (2023, March 27). Organizational culture: Definition, importance, and development. Achievers. Retrieved March 28, 2023, from
https://www.achievers.com/blog/organizational-culture-definition/
Wang, Y., Xia, Z., Zhang, X., & Qiu, Y. (2021). Charging and Changing Service Design of New Energy Vehicles Under the Concept of Sustainable
development—A Case Study of NIO. In Advances in Artificial Intelligence, Software and Systems Engineering: Proceedings of the AHFE 2021
Virtual Conferences on Human Factors in Software and Systems Engineering, Artificial Intelligence and Social Computing, and Energy, July
25-29, 2021, USA (pp. 477-482). Springer International Publishing.
Zhang, G. (2022). Innovation in new energy vehicles——Take NIO as an example. International Journal of Business and Management, 3(1), 21-21.
Zhang, L. (2022, December). Research on Genius Marketing Strategy from NIO. In 2022 2nd International Conference on Economic Development
and Business Culture (ICEDBC 2022) (pp. 1661-1666). Atlantis Press.
Editor's Notes
NIO loses $19,141 in net profit for every vehicle sold, mainly because:
The high cost of building the NIO Houses (a single shop in Beijing costs over $50 million per year)
The total investment in research and development is more than 250 million yuan
ES6 and ES8 both being negative gross margins
NIO's limited number of models may limit its appeal to a broader range of consumers.
This may cause them to miss out on potential customers who have specific preferences or needs.