Nio’s Battery Swap Technology Is One Great Way In Producing More Jobs

I think Nio’s battery swap technology is one great way to produce jobs. For those who don’t know what is Nio — Nio is a company that is currently specializing in producing luxury electric vehicles (EVs) for Chinese consumers in China’s mainland only. Although Nio is only producing EVs for Chinese consumers, Nio so far had only listed its stock in the United States (surprisingly not yet in China). People like to compare Nio with Tesla and thinking that Nio is a Chinese Tesla, but I think Nio is uniquely different than Tesla besides the point that both of them are producing luxury EVs. Vaguely summing my gist, besides producing EVs, Nio is trying to promoting a lifestyle which caters to Chinese consumers in which Nio knows best — this means besides selling luxurious EVs, Nio is probably trying to provide other luxurious venues that complimentary with Nio EVs. Tesla is just concentrating on producing awesome EVs.

Back to the main point in which I had raised in the first paragraph. I think Nio’s battery swap technology is great for producing more jobs! I imagine that it would require more jobs to produce even more EV batteries for the expansion of battery swap stations. As battery technology improves, Nio has to scale up newer types of EV battery output to fill up each battery swap station — this means even more jobs. As consumers see that their EV isn’t stuck with just one old battery, they can feel confident in getting out to buy an EV since they know their Nio will always be able to swap an improved battery into their EV as each time they go to a battery swap station. As Nio set the standard for battery swap station and battery swap technology, a newer chain of supply for battery swap technology would spring up which creates even more jobs. Each presence of a Nio battery swap station is like a permanent advertisement that drivers would see on the road, and so this could boost Nio’s image in long term — this could allow Nio to grow and prosper which creates even more jobs. I mean I could go on and on…

Disclaimer: I do invest a little bit of my money in Nio. Thus, I do have a favorable outlook (bias) when writing on Nio. Nonetheless, I believe Nio is a great EV automaker in the making, and this is why I have invested some of my money into Nio’s stock.

My little dance with Luckin Coffee Inc Stock.

I was using an app to buy partial shares of Luckin Coffee Inc. (LK), and before I could heavily invest into LK the news broke out that there was a financial fraud report occurred for awhile while the chairman of the company was encouraging such a behavior — nonetheless, the whole incident pushed the stock price of LK way down. Luckily, I bought only around $300 worth of shares of the company since I was testing the water before I would see if I want to heavily go into LK — the loss wasn’t big at all and since then I didn’t even take a look at how much I had lost with the app I bought the partial shares of LK with.

Fast forward today, LK share price jumps 21% since I last checked, and all because there is a rumor that China’s Yum brand (if I remembered correctly) is intending to purchase LK’s China assets. I don’t know what are these assets, and now I’m curious. Whether this rumor is true or not, LK share price is now way higher than since their last drop. Last Friday they were at $1.41 per share, but today LK share price is closing at $2.59 per share.

Investors who are investing in LK are probably now worrying about LK is going to be delisted too since the news last broke that LK’s stock exchange had notified them about their decision of going to delist LK. Furthermore, the United States is trying to pass the law in which to delist all Chinese companies that do not report transparently to the United States’ whatever authorities (I think it’s SEC but I could be wrong). LK could be one of these companies that will get delist from the U.S. stock exchanges.

Personal opinion: I think I’m more confident with LK now since they fired their CEO/Chairman or whoever that got the most saying and was running the company fraudulently. Still, I won’t buy any more shares from LK since the delisting possibility is still there for LK. I also see LK won’t file bankruptcy and still be OK if they don’t sell any asset to Yum or whichever corporation (else) because LK is quite popular in China. Furthermore, LK got a lot of locations that they can easily raise the coffee price per cup just a bit and will make money like a bandit.

I won’t invest any more money into LK share unless LK got delisted from the U.S. and then relist elsewhere. Only when LK relist elsewhere that I could have more confidence in my decision in giving LK another chance. Perhaps then, I might heavily invest in LK, but obviously, I will wait and see how all of this will turn out for LK before I’ll try to do anything rash on LK. This means, even when LK relists elsewhere, I’ll wait a bit before I go strong on LK.

Mindset of Abundance Yang Gang Gives $1,000 Out To Random Strangers in Harlem

Andrew Yang is not yet a president and still is only a presidential candidate for the Democrats, and yet he is already inspired people to give strangers a load of cash without any string attach. Check out a few good folks with the mindset of abundance who handling out $1K to random strangers in Harlem in the video right after the break.

Can A More Focus Early Bird Reap The Rewards of EV Market? Neglecting This Market Will Be The Downfall of Any Great Automaker In The Coming Days?

Before you read on, I want to clarify my standing in regard to the pure electrical vehicle all related matters.  To sum it up, I do think the EV market will be huge in the future.  Furthermore, I bought some common shares (stock) and go long on an EV maker which I will not name here.  So, my standing is that I’m biased and positive in the EV sector.

A question I want to address in this blog post is that can a country or a company in a car industry be left behind by ignoring the EV market? It seems Toyota is still moving too slow on going all-in in producing pure electrical cars.  I’m wondering, perhaps, Toyota thinks that the EV market is not big enough and there isn’t enough demand for EV out there, and so it’s OK for them to move slowly into this market.  Nonetheless, I think this would be a big mistake for Toyota and other automakers out there that think the same way as Toyota is currently thinking in regards to EV of all things.

I suspect that Tesla and other EV makers out there who are going long and early into the EV market will be able to set some standards for the whole EV industry.  Why do you think Chinese and South Korean automakers cannot shine brighter than automakers in Japan and Europe? Well, most automakers in Europe and Japan have been at the game much longer than the ones in South Korea and China.  The European and Japan automakers have been churning out complicated but well respected non-luxurious and luxurious vehicles with internal combustion engines for decades.  Nonetheless, when it comes to electrical vehicles, it’s still anybody’s game.

I’m no expert in the auto industry and whatever I’m spewing here is just an ordinary Joe’s perspective on the car industry.  Nonetheless, my suspicion is that the EV market will be so huge and has a very big potential for investors because of several things. 

Firstly, China got the biggest auto consumption market in the world.  Nowadays, if you’re an automaker, I doubt that you would want to neglect such a big auto market as the one in China.  So, when the Chinese government prioritizes EV (and other new energy sources for making vehicles and other transportation means) — I think it’s a very big deal.  After all, the Chinese government demands a certain percentage of pure EVs to be made and sold by each automaker that wants to participate in a growing Chinese auto market.

Secondly, as a country like China and Germany build up EV charging points to promote pure electric vehicles, people are going to be more comfortable to go out and buy more EVs since they know they can charge their vehicles anywhere eventually.  Meanwhile, some EV makers are also trying to improve battery range and charging speed, and thus greatly enhancing the demand for a pure electric vehicle.  Some automakers go as far as to provide a battery switching option which could take less than five minutes to switch out a drained out battery with a full charge one so you can drive your EV out of the charging station in no time.

I think high-cost value products like a car rely on reputation a lot.  Thus, I think when all necessary ingredients are eventually be put in place for the pure electric automakers to thrive, they only have their reputation to depend and fall back onto.  This means, whoever is in the game the longest doesn’t necessarily be the best, the biggest, and the most awesome if the reputation is stink.  Nonetheless, when the time is right for the EV sector to grow, a great reputation is exactly the thing a pure electric automaker needs to thrive onward.  Thus, I think as long a pure electric automaker got an early head start and keeps on building a great reputation, it will be very hard for the newcomers to come in and uprooting the foundation of the great pure electric automaker.

One more thing, Mr. Bill Gates had mentioned that it was his mistake of not pushing more focus into the smartphone industry thus Apple and other Android smartphone makers were able to thrive but Microsoft did not do so great in making a well respected and well-known smartphone.  I think Toyota and whatever automakers out there should take the lesson of Microsoft in regards to being a more focus early bird.

Avocado Farming Increases Water Shortage In Some Parts of The World

I sometimes do add Avocado to my salad. I rarely eat Avocado by itself though. Before I watched the video which I’d shared right after the break, I didn’t know that Avocado is a danger to water resource for some places around the world. In Chile, some parts suffer water shortage, and Avocado farming increases the water shortage for people who are living in these water shortage regions. The video claims that Avocado is a thirsty fruit since it requires eight more times of the water than potato. I never knew that Avocado is so thirsty. Now, I feel guilty whenever I throw away Avocados that had gone bad in the refrigerator. Check the video out right after the break.