Welcome to our dedicated page for NIO American depositary shares, each representing one news (Ticker: NIO), a resource for investors and traders seeking the latest updates and insights on NIO American depositary shares, each representing one stock.
NIO Inc. is a pioneering company at the forefront of the premium smart electric vehicle market. Founded in November 2014, NIO is dedicated to crafting a joyful lifestyle by offering smart, electric and autonomous vehicles that enhance daily life. The company designs, develops, manufactures, and sells premium electric vehicles, pushing the envelope with continuous advancements in technology.
NIO differentiates itself through innovative features like battery swapping and autonomous driving technologies. Its product lineup includes midsize to large sedans and SUVs, with the ES8, a seven-seater electric SUV, being the first model launched in December 2017. Deliveries began in June 2018, and since then, the company has sold over 160,000 electric vehicles as of 2023, capturing roughly 2% of China's new energy vehicle market.
NIO's mission extends beyond making premium electric vehicles; it aims to create a seamless experience that integrates home, work, and travel. The company envisions autonomous cars as future living spaces, prioritizing safety and user experience.
NIO has made significant strides in enhancing its offerings with technologies such as Battery as a Service (BaaS) and subscription-based services. The recently unveiled ONVO brand focuses on enriching family life through smarter vehicle solutions. NIO continues to invest in cutting-edge technologies, aiming to be a leader in next-generation automotive experiences.
As of 2024, NIO has announced its annual report on Form 20-F, detailing its financial performance and audited statements for the fiscal year ending December 31, 2023, which are accessible on the company’s investor relations website.
NIO Inc. announced record-high quarterly deliveries, achieving 25,768 vehicles delivered in Q1 2022, marking a 28.5% year-over-year increase. In March alone, NIO delivered 9,985 vehicles, a rise of 37.6% year-over-year. The deliveries included the new ET7 sedan which began shipping on March 28, 2022. Cumulative deliveries reached 192,838 vehicles by March 31, 2022. NIO also plans to unveil upgraded models in May 2022 and continues to expand its network of power stations across China.
NIO Inc. reported strong results for Q4 and FY 2021, with total revenues reaching RMB9,900.7 million (US$1,553.6 million), a 49.1% increase year-over-year. Vehicle deliveries in Q4 totaled 25,034, a 44.3% increase from Q4 2020. Full-year deliveries reached 91,429, up 109.1% from 2020. Despite growth, NIO faced a net loss of RMB2,143.4 million (US$336.4 million) in Q4, a 54.4% increase YOY. The vehicle margin improved to 20.9%. For Q1 2022, NIO expects deliveries between 25,000 and 26,000 vehicles, reflecting strong momentum.
NIO has successfully listed its Class A ordinary shares on the Main Board of the Stock Exchange of Hong Kong (SEHK) under the stock code “9866.” This listing allows shares to be traded in board lots of 10 and are fully fungible with the company's American depositary shares (ADSs) on the NYSE. NIO's founder, William Bin Li, expressed gratitude to users, colleagues, and investors for their support. The company continues to innovate in the premium smart electric vehicle market, focusing on technology and customer experience to drive growth and shareholder value.
NIO Inc. (NYSE: NIO) announced that it will release its fourth quarter and full year 2021 financial results on March 24, 2022, after U.S. market close. Following this, a conference call is scheduled for 9:00 PM ET, March 24, 2022, which will also be accessible via webcast on the company's investor relations website. NIO, known for its premium smart electric vehicles, continuously innovates in areas such as autonomous driving and battery technology. The announcement is significant for investors monitoring NIO's financial performance and market position.
NIO Inc. reported February 2022 delivery results, with a total of 6,131 vehicles delivered, reflecting a 9.9% year-over-year increase. The deliveries included 1,084 ES8s, 3,309 ES6s, and 1,738 EC6s. For the entire year of 2022, NIO delivered 15,783 vehicles, marking a 23.3% year-over-year increase. Cumulative deliveries of the ES8, ES6, and EC6 reached 182,853 vehicles. Additionally, NIO received approval for a secondary listing on the SEHK, scheduled to commence trading on March 10, 2022.
NIO Inc. announced its proposed secondary listing of Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited, with trading expected to commence on March 10, 2022, under stock code '9866'. The company received in-principle approval from the SEHK for this listing on February 28, 2022. NIO's American depositary shares (ADSs) will continue to be listed on the NYSE. Morgan Stanley and Credit Suisse are acting as joint sponsors for this listing, designed to enhance liquidity for NIO shares in Hong Kong.
NIO reported January 2022 vehicle deliveries of 9,652, marking a 33.6% increase year-over-year. This includes 1,531 ES8s, 5,247 ES6s, and 2,874 EC6s. Cumulative deliveries reached 176,722 by January 31, 2022. NIO also launched the Aspen 3.0.5 NO firmware update in Norway, their first overseas update, and has completed over 1.3 million FOTA updates, enhancing 199 features. The company continues to expand its infrastructure with 836 Power Swap stations and 3,766 Power Chargers as of January 31. This expansion supports NIO's mission in the premium smart electric vehicle market.
NIO Inc. announced that its previously announced repurchase right offer for its 4.50% Convertible Senior Notes due 2024 has concluded, with no noteholders exercising their repurchase rights by the deadline of January 28, 2022. This outcome indicates that all outstanding notes remain intact, which could suggest confidence from investors in the company’s future performance. The company continues to focus on advancing its innovation in the premium smart electric vehicle market.
NIO Inc. has announced a Repurchase Right for its 4.50% Convertible Senior Notes due 2024, allowing holders to require repurchase for cash at 100% of principal plus accrued interest by February 1, 2022. The total amount of notes outstanding is approximately $165.29 million, with the Repurchase Right available from January 3 to January 28, 2022. This repurchase option could offer liquidity to noteholders, but the Company clarifies that it does not make recommendations regarding whether to exercise this right.
NIO Inc. achieved a quarterly delivery record by delivering a total of 91,429 vehicles in 2021, marking a significant 109.1% increase year-over-year. In December alone, NIO delivered 10,489 vehicles, representing a 49.7% increase year-over-year. The company's performance in Q4 2021 was equally impressive with 25,034 vehicles delivered, up 44.3% year-over-year. Cumulative deliveries of NIO's models reached 167,070 as of December 31, 2021. NIO introduced its ET5 sedan in December 2021, with deliveries expected in September 2022.
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