 Epic What's up when it gets busy here welcome to another video guys so into this video We are going to do a recap of Neo day so kind of give you guys an update and talk about some of the things that will unveil a neo day and how this is going to Impact the price of the stock as well as the direction of the company moving forward So that's what we're going to cover into this video I have four key things that I want you guys to be aware But before we get started guys, we are new to the channel We took about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and a notification belt So you don't miss out on your content So neo day came and passed and it wasn't a disappointment So matter of fact, they actually gave us a lot more things to start looking forward to than actually anticipated Some of the stuff that they actually put out there is stuff that we were aware of So for instance the fact that they were going to unveil their new Neo et7 which is their vision of the sedan that would compete against Tesla in China So I think that was pretty cool. The unveiling looked good. The car looks good Design looks good. I'm not very disappointing and as a matter of fact, I think they could have done better with the front of their They did sit down, but I mean I'll take it. There's still room there for a ton of improvement So I mean, I'm not gonna complain a lot because I'm not gonna be driving it anytime soon But again, I like the look of the car. So that's the first thing and we knew that was coming Neo went ahead and did Three other things I think it's really driving the direction of the company The first one is that they unveiled the new battery pack So they're going from their 100 kilowatts per hour battery pack to a new and improved 150 kilowatts per hour battery pack, which is awesome And here's how this one is very significant because the new cars that you see today for neo Some of them will come with that if you depending on how much you're willing to pay We come with that battery pack, but existing neo cars You can definitely go and swap your battery for an upgraded battery and to me This is what distinguishes this guy's from Tesla because Tesla doesn't have that capability if you buy a Tesla model today Whatever battery comes with it That's what you get until you upgrade and buy a new car with a better battery But for neo you keep your car you drive into one of their the battery swap stations They take out your your battery, which is maybe a hundred kilowatts per hour battery pack at replacing with one That's a hundred and fifty kilowatts per hour battery pack How is this significant if you drive just around the cities and you don't drive a longer distance You don't need the 150 kilowatts per hour battery pack if you're just driving around the city But if you want to do a road trip go along the distance and then you can go swap your battery and take the 150 a kilowatts per hour battery pack so you can drive longer distance to me I think that is significant and then the fact that you can also swap it for your cars and It doesn't matter which one if you have neo either one of their sedans or you have one of their SUVs You can swap the battery so you you keep your car But you can keep swapping the battery to get an improved battery which you keep you going I think that to me that's brilliant So the 13 that they actually unveiled was here a new autonomous driving feature Which they actually partnered with Qualcomm in as well as NVIDIA to kind of build it So Lee actually mentioned the fact that their system is seven times faster than Tesla FSE I don't have any proof of that that was his claim So I'm just gonna I'm just telling you what he mentioned And so I would have to really take a look at that to make sure that you know That those claims are true and then the other thing that he did actually unveil was the second generation Battery swap station. So you guys know very well I've talked about neo battery swap here on the channel a lot because I think it's something that's very very important It's a feature that people take for granted So the battery the second generation battery swap station again more improved and it's all Hands-free so you go the car with back itself into the battery swap station And the system would take out the battery based depending on what you're looking for if you're just looking to recharge It will replace your current battery with a recharge battery if you're looking to upgrade your battery It will replace it with an upgraded version of the battery Hands-free which I think is phenomenal. So neo second generation battery Swap station is just amazing again Like I said the way it works is that the car would pull up back itself You don't have to do anything. It's just you know, it would park and then look at that It's just sweet and then the system is gonna come in swap the battery put in the battery that you paid for and then you know the car pulled out you get in and you're off You know to where whatever where you're going, which I think it's just this is just amazing This is really making Tesla look a little bit, you know slow in my my personal opinion And this system is stuff that they can actually do now and start providing the service to other companies in my personal opinion So I think this is just an amazing amazing feature that neo has that the competition None of them have so see how similar that is it takes about Three minutes for this whole swap station to come and replace it and again It's fully autonomous like there's nobody there sitting waiting or touching anything you pull up It just looks at your baddie and gives you a fully charged baddie boy This is I mean, this is just amazing in my personal opinion if you can see so then the other thing I want you guys to be aware of the fact to is that Neo right now from a business standpoint is currently only in China. They only operate in China Neo hasn't started exploring other markets. So by the time neo starts exploring other market in this case They're talking about expanding to Europe first So if you look at the competition again with with something like Tesla Tesla is currently in the United States It's in Europe as well as is in China neo is only in China and neo hasn't even really exploited the China market Neo hasn't even expanded all across China imagine that they expand all across China and then start attacking Europe eventually South America, North America this company has a huge huge upside in my personal opinion Again, if you look at it neo is operating in China and the fact that the Chinese government is looking after their own companies Because if you remember China didn't really have a reputation for making cars They were good at manufacturing goods and services, but car manufacturing wasn't one of their thing So the next generation China is looking to have a name in the space and the space now is Electric vehicle and that's why you see the Chinese government is gonna back all these companies and give them all the support That they need to thrive in the global economy. So that would have surprised me. I will see them in Europe They would attack the African market attack South American market even if there's some resistance to get to America America They would eventually be in the United States. That's for sure. So as far as global Trading goals, they're gonna be here someday. So to me that's some of the projections I'm seeing so as I'm doing this video right now neo is currently trading about 63 dollars Remember, like I said that after neo day, it was neo was trading about 56 57 So we got a good a good squeeze here of about four dollars and some change It went a high of about 50 65 dollars almost 56 dollars and then pulled back. But again, I see this stock in the next Four to six months. It should be over a hundred dollars based on what these guys are going So neo see you actually said that they're looking at maybe start shipping out. They are ET seven Which you can see here by the end of you know, 2021 or the beginning of 2022 So again, we'll see how soon this can happen if they can push it faster the better because They had a record number of pre-orders already for this and they are actually given incentives to Pre-exist or to pre-orders as well as existing neo customers when you buy they have a ton of incentives in terms of either cash or Neo rewards like they call it that you can actually leverage. So again guys, that is what I'm thinking about neo I'm still really really bullish on neo. I'm looking neo long-term I don't plan as a matter of fact a plan on buying more neo because My three to five year projection for neo is that the stock is prepared in the range of three hundred to five hundred dollars So that's where I see neo neo is probably going to be the dominant force in China And then all the other guys that Lee Otto and ex paying is going to be following behind neo So that's again, that's my personal speculation because of what I see them doing this company has expanded already beyond Just producing electric vehicles. They're doing other things that are putting positioning them as a leader in the space So that's why so I'm going to be loading up on this and again I have a good amount of position in Tesla and so I add another one in neo And then all the other electric vehicles I might just be playing those to your supplement But these two are gonna be my two key plays because I like leaders in this space and we adopt and get on board with leaders It's better for you. So to me, that's the future that I see. So let me know the comment section What do you think did you buy neo? Are you trading neo or are you holding long term? Are you just like up? I'm not touching it because it's a Chinese company Trust me some people don't buy neo because they're thinking Chinese and Chinese companies are not the best So they get not your personal decision, but let me know again what you are thinking in the comment section And it's always guys if you're new to the channel, we took about how to earn money How to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on your content and also if you're looking to get started with investing We both is currently in your promotion where if you sign up and deposit a hundred dollars You get four free stocks links in the description below and as always guys. I was to your homework Don't be a greedy savage and stay motivated