BIG NIO UPDATE! DONT MISS THIS! ๐ฅ - Nio Stock Update
29Nio are expanding their operations in Norway and also implimenting an ADaaS, (Autonomous driving as a service), very similar to their BaaS (Battery as a service). Is this a great idea? or could it all go wrong?
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The Nio stock recently broke out of its downward trend and has since been on an upward trend, it will soon re-test the second downward trend, if this breaks, the Nio stock could see new all time highs
Nio are expanding their Norway operations with a massive marketing push, building a NioHouse, full with experiences and events, this is a great way to get the Nio name out there across Norway and advertise their products.
Nio have also decided to impliment ASaaS alongside their BaaS. Basically, you can pay monthly/weekly or potentially even hourly for autonomous driving. Rather than paying the $10,000 added extra for autonomous driving, it could be as cheap as only $8 per hour!
I think this is a genius way to make the car a more attractive, upfront price. However, it could get very messy/complex trying to charge customers on an hourly basis and restrict their usage if they have not paid...
Let me know what you think
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