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NIO Inc
Broker's Calls
Morningstar pushes back Nio’s breakeven timeline, reduces fair value estimate following 3QFY2024 earnings release
Morningstar analyst Vincent Sun maintains a “four star” rating on Nio.
9 days ago
Results
Nio reports 3QFY2024 loss of RMB5.1 bil, up 11.1% y-o-y
Loss per share for the period stood at RMB2.50, up from a loss per share of RMB2.67 for 3QFY2023.
10 days ago
Company in the news
NIO delivers 21,181 vehicles in September, up 35.4% y-o-y
The group also hit a quarterly record of 61,855 vehicle deliveries in the third quarter of 2024, up by 11.6% y-o-y.
October 01, 2024
Company in the news
Nio surges on RMB13.3 bil injection from parent, investors
The Singapore-listed shares of the loss-making Chinese electric vehicle maker gained almost 16% on the financial reinforcement of its China unit.
September 30, 2024
Electric vehicles
China’s EV makers taking longer to pay bills amid rising stress
Nio Inc. was taking around 295 days to clear its receipts payable at the end of 2023 versus 197 days in 2021.
May 20, 2024
Company in the news
Nio receives US$2.2 bil investment for 294 mil newly issued shares
CYVN Holdings will own approximately 20.1% of Nio’s total issued and outstanding shares after the transaction.
December 18, 2023
Company in the news
Nio prices US$1 bil worth of convertible senior notes
DBS has kept its “buy” call on Nio’s US and Hong Kong listings with respective target prices of US$18 and HK$140 ($24.45).
September 20, 2023
China Focus
Chinese EV market taking a breather, long-term growth prospects remain
The intensifying competition in China’s EV market could result in the number of manufacturers shrinking from a pool of some 200.
May 25, 2023
Electric vehicles
Nio delivers 122,486 vehicles in 2022, up by 34.0% y-o-y
In the 4QFY2022, Nio delivered 40,052 vehicles, which is up by 60.0% y-o-y.
January 03, 2023
Electric vehicles
Nio CEO warns of sales challenges in first half on China demand
Nio, which until now has targeted premium buyers for its vehicles, plans to roll out its first mass market model in 2024.
December 27, 2022