I ended up quitting my job and vowed to find a new one because things were looking up. Wrong. Another lockdown. I live in Quebec, but have an Ontario license plate and health card. My official address is still in Ontario. Basically, I'm living here illegally to save money. They're shutting the border tomorrow and my parents won't allow me to stay with them because I'm too difficult. I have 3000 to my name. I'm wondering if I should get someone to take over my lease, sell all my stuff, sell possibly my car, find a room to rent for a little while until I get back on my feet and find a job. And get the fuck out of Quebec for good. I don't know what to do. My friends all are telling me something different. My mom wants me to stay to keep up appearances. I didn't know anymore.
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The Battery Asset management company is invested in by NIO, CATL, several other investors, as well as 6 other Chinese banks. The biggest thing is that NIO vehicle sales are reported WITH the battery via the BAAS mechanism, despite it's lower price to the consumer based on the government subsidisation for EV battery rental. This brings the balance sheet to a complete sale each time NIO sells a vehicle with or without a battery. -ES8 has taken 28% of the total sales, as NIO's most expensive model this is good as it shows a similar level to Q3 at 29%. This means the Q4 average sales prices should be similar for all models. -The US Dollar is weakening due to inflation, this could potentially impact the reported & converted USD revenue if NIO hasn't preemptively hedged their RMB from conversion loss. -Watch for other services, Nio monthly subscriptions, NIO Life products, BAAS, should be around 45M USD increasing from Q3 38M -NIO has received 120 RMB (18. 5M USD) Carbon Credits form the Government, this should show up on the operational side of gross margin.
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