NIO Starts Selling Coffee, Applies for Related Trademarks_老虎社区_美港股上老虎

NIO Starts Selling Coffee, Applies for Related Trademarks

Pandaily2022-11-25

China’s automobile and coffee industries have been getting closer and closer lately. In October of this year, domestic electric vehicle maker NIO applied for several trademarks related to coffee in a ...

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江边渔火
·2022-11-26
会不会分散主业精力和财力啊？多专研一下动力电池，车用芯片，自动驾驶，以及车型美观度不好吗？?
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In October of this year, domestic electric vehicle maker NIO applied for several trademarks related to coffee in a bid to search for new growth points.\nNIO now provides customers with coffee and other drinks at its NIO centers all across China, and sells instant drip coffee bags on NIO Life, its sales channel for auto-related products.\n(Source: NIO)\nWilliam Li, the founder and chairman of NIO, once revealed that consumers who choose NIO cars are mainly “post-90s” and “post-80s,” and their average monthly income is about 50,000 yuan ($6,981). The main consumer group of coffee is also young people. According to analysis by Talking Data, post-90s are the bulk of coffee consumers in China, and they are widely distributed in first-tier cities and have a high consumption level.\nBrands of vehicles and coffee are cooperating to launch creative gameplay, such as Qoroscafe built by Qoros, a coffee robot unveiled by Changan Automobile that can complete the whole production process of a cup of coffee by itself, a MINI car-themed coffee restaurant in Shanghai, and SAIC Motor’s “Ji Coffee” brand.\nChinese coffee brand Manner and Tesla jointly launched a promotion in September. When Tesla owners go to Manner’s stores to display the charging interface, they can enjoy a free cup of coffee. Kia Motors and Tim Hortons have also launched similar activities.\nThe combination of car and coffee is intended to provide better services for car owners. According to data by iiMedia Research, the scale of China’s coffee market in 2021 was about 381.7 billion yuan, and the number of consumers exceeded 300 million. The market is expected to rise at a growth rate of 27.2% to reach 1,000 billion yuan in 2025.\nSEE ALSO: NIO’s Q3 Revenue Up 32.6% YoY, Five New Cars to Be Unveiled Next Year\nIn addition to vehicle manufacturers, more and more companies in various fields are targeting coffee business operations. ByteDance applied for the trademark “Dongche Coffee” this month. During the May Day Festival this year, sportswear brand Li-Ning’s first coffee shop was unveiled, providing free coffee for customers who spend a certain amount of money in the store. 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