 They are coming. What's up? I'm going to give you some severe here. Welcome to another video, guys. So in today's video, we are going to talk about ticket symbol NIO NIO. There's a lot going on, a lot of updates that I want to cover and make sure that you guys are ready for next year. And we're going to see some price predictions and I'm going to give you guys the reasons why I'm predicting those prices for for next year. So I think NIO is actually right now positioning itself to explode in 2021. But I just want to say that I want to show you and explain to you why I think we're going to go that route. And so and besides that, there's also some really massive news that just came out with NIO that I want to share with you guys before we get into next year. But before we get started, guys, if you're new to the channel, we talk 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 the notification bell so you don't miss out on new content. So you guys know very well that it's no surprise that I'm bullish on NIO at half for a long time now. And I think this company is currently on the value again. That's my personal belief. NIO recently has actually taken a nose dive. We know why because the Chinese government has been cracking down on Chinese companies for some reason. If you guys can see what happened to Alibaba the other day after they opened up the antitrust investigation, the stock dropped, I think they're sitting now at about $220. That's crazy. That's the stock that was trading over $300. So NIO is no exemption. The Chinese government is actually really pounding down some of these stocks. And for companies that are reputable like that, when they pound these companies down, it's an opportunity for us to buy low and then hope that things will turn around and then we can write it out. So when it comes to NIO, a lot has been going on. Again, like I said, NIO missed their NIO day, which is supposed to be in December because of COVID. The NIO day got moved to January of 2021. So a lot is happening there and they have a ton of information that they're going to share on that NIO day, which some of it I'm going to cover here with you guys so you guys are aware. Again, NIO is this electric car manufacturing out of China. Presumably they're trying to be the Tesla of China, trying to compete with Tesla. And they are doing some great things, even though a lot of people are not talking about them. Just from a design perspective, from a business model perspective, to me it's a solid company. And I think they still have a massive opportunity for growth. So the first news I want to bring to you guys about NIO is the fact that NIO has actually reached a deal to build a hundred EV charging batteries swap station in China. Again, to me, this is massive news. They have actually gone into a deal with Chinese state-owned electric utility greed to build a hundred charging stations across China. Going into partnership with Chinese government or Chinese utility greed company, it's a good thing. It means that the government actually is seeing a good opportunity here. But the only thing that I don't like is just the fact that the government is actually getting their hands into this company. And usually when the Chinese government is trying to infiltrate companies like this, they start dictating the direction of that company, which I don't really like. So we'll see how this pans out. But again, just from a perspective of the company expanding and growing, this is great news. You guys know, NIO has one business model that I really, really like. I haven't really covered that here, but a lot of people are not even talking about it, which I think it's just a disservice to the company. NIO has this thing called BAS, BATI as a service. This is a very, very key play in their business model that people don't talk about. BATI as a service, basically you buy the car. You don't really buy the BATI, right? So you can buy the car and just rent the BATI. You go to a BATI station, a BATI swap station, and under three minutes, they will take out your BATI that is not charged and replace it with a fully charged BATI and you can drive out. Imagine going to a gas station. I haven't think like if you're putting gas, regular gasoline, your car takes more than three minutes. With this, it takes under three minutes. You pull up, they pull out the old BATI, replace it with a new BATI, and you're out and you're gone. And I think this is a brilliant idea that is not really being talked about. And I think it's a disservice to NIO. And so when I see stuff like this, I think NIO is really positioning themselves to be a key player in this space. And NIO has also increased what they call mobile charging. So if you are driving somewhere out in the country and you run out of BATI, you can actually call the mobile charging station. They will come to you and charge your vehicle right on the spot and you can drive. So you don't have to do at all. Again, these are services that NIO is offering that I don't see with other companies doing it right now. So I think, again, to me, this is brilliant. So look at the experience that they're providing here. Like this BATI swap on the three minutes, I think it's brilliant. They have on 24-7 roadside assistants where they can come and charge your BATIs for you. I mean, most companies, again, are not offering this kind of service. You have to find a charging station or install one at your house. So even with this, you don't really have to have a charging station at your house because they can bring that mobile charging to you. Like see here at the parking lot, you run out of battery. You call it a mobile charging station. And the beauty about this, again, the CEO was talking about the fact that they are expanding this mobile charging station to other electric vehicles, not just NIO cars. So you can see like Lee Otto can get in all this service from NIO. I think this is brilliant. So they're going beyond just building cars. They're going now beyond. They're actually expanding into providing a service to other EV companies. Speaking of a business model that is really, really built to succeed and win, the fact that they're not being selfish. They're not just saying this is only for NIO cars. It's like, hey, we built this technology. You guys can leverage it. We make money. You guys make money to win, win for everybody. I'm loving what NIO is doing here, guys. Again, these are little things that when I see in the pathway or the future of NIO, I think this company is poised to do some great things in the future. And I think it's going to be interesting. Again, NIO Day is coming up on January 9. That's the main event for NIO. I suppose, like I said, it was supposed to be in December, but COVID pushed it to January 9. And here is what I want you guys to be aware of as it comes. NIO plan to release their new sedan. See if I can find some pictures here. So this is it right here. NIO plan to release their new sedan. This is called the ET8, which is it's going to be competing with Tesla. So if you look at the designs here, I mean, these guys are, these guys are brilliant as far as design goes. Look at that. That's a beautiful looking sedan. This is the issue that I have with Tesla. Tesla, so far the designs, I'm not really, really sold because if you look at the Tesla Model Y, I'm like, it's like, why would you design something like that? The Model Y to me is like the worst design Tesla has ever put out there. That to me, that's the knock on Tesla I don't really like. They need to go back on the drawing board and come out with some really sleek looking vehicles. I mean, the fact that it's electric is good, but dude, like you guys need to do something with that design. Model Y to me is not a good looking car. So you guys need to work on that. So NIO is putting out this new sedan to compete with Tesla in Asia. And then the other thing that NIO is actually doing right now that I think it's going to be huge for them is the fact that they plan on launching in Europe as well. So now they're moving out of the continent of Asia. They're moving now into Europe. That's one step away from start going global. And the next thing you know, they're going to make it to America, to South America, and they're going to be all over the place. So I think to me, this is huge. And then last but not least, the other thing that you mentioned about NIO is that they're going to release a new battery that's going to really increase, you know, the range of their cars. So right now, the thing in the new battery is probably going to give them a range of about 900 kilometers. So who see, I'm pretty sure they're working on new technology every day to kind of improve. So again, guys, NIO is doing some great things. They are really working on getting their technology out there, expanding their business model and, you know, produce, giving new models for cars, new batteries, new services like their battery as a service, the roadside charging station where they're providing charging to other EV cars in China and hopefully across the globe. I think this company is positioning itself to make some massive, massive move in 2021. And again, my price prediction, actually, when I'm doing this video right now, we're sitting with NIO sitting somewhere at about $45. Again, we know that it's been a crazy year. Again, the last month alone, NIO is down now about 10 or 11 percent. And the reason, again, like I said, is because of what is happening in China with the Chinese government going and doing all these anti-trust and all these different things. As soon as this is settled down, you're going to see NIO is going to pop. 2021, NIO is going to break $100. That is in my personal prediction. So if you haven't already invested in NIO, this tip right now is where you can start building a position. And again, when I say building a position, that means you can start buying shares, but I don't want you to go out and just buy everything at once. So buy 10, 15 and see how the market is moving. And then you keep adding to your position if you want to get into NIO. But again, guys, always do your own research before you jump into stocks like this. So again, my 2021 prediction is that NIO is going to crack $100. And I'm still very bullish on this stock. So a lot is going up with NIO. I think that the company is positioning itself to be the Tesla of Asia. And if not, it's probably even going to be Tesla, in my opinion, because of the different services that they're offering, not just going beyond just building electric cars and actually expanding and bringing in the other electric car manufacturers providing services that would help them as well. So I think to me that is brilliant. So look forward to NIO Day, January 9th. They're going to unveil a new battery, get new cars, a new sedan that would definitely compete with Tesla because right now they've been doing SUVs. So a sedan will kind of change their market and expand them into new spaces. So I think this is brilliant. So again, guys, let me know in the comment section what you think about this, what you would take on NIO? Do you see NIO again as I'm predicting cracking that $100 price point? I think it's going to do it. So let me know what you think. Do you currently own NIO in your portfolio? And if yes, what's your game plan? Do you plan on holding? Do you plan on selling some and taking some profit? Or what's your plan here again? Let me know in the comment section. And if you're new to the channel, guys, we talk 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 the notification bell too. You don't miss out on new content. And also, if you're looking to get started with investing, we will still doing your promotion right now. If you sign up and deposit $100, you get four free stocks to get you started. Links in the description below. It does help me continue to make content here on the channel. And as always, guys, always do your homework, do your research. Don't be a greedy savage and stay motivated.