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. 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.
The Investor Movement Index (IMX) rose to 8.82 in November, up from 8.22 in October, indicating increased retail trading activity despite market volatility. In November, traders focused on sectors like Information Technology, Consumer Discretionary, and Communication Services. TD Ameritrade clients were net buyers, embracing names like Rivian (RIVN) and Meta (FB), while selling stocks such as Nio (NIO). Economic data showed inflation concerns, but early-month momentum was strong, with the S&P 500 and Nasdaq reaching all-time highs.
NIO Inc. has announced a record-breaking performance in November 2021, delivering 10,878 vehicles, representing a remarkable 105.6% year-over-year growth. Year-to-date deliveries have reached 80,940 vehicles, marking an increase of 120.4% year-over-year. Cumulative deliveries of the ES8, ES6, and EC6 reached 156,581 vehicles by November 30, 2021. This surge highlights NIO's ongoing commitment to enhancing its presence in the premium smart electric vehicle market.
NIO Inc. (NYSE: NIO) has successfully completed its At-The-Market Offering of American depositary shares (ADSs), selling 53,292,401 ADSs and securing gross proceeds of US$2 billion. After deducting approximately US$26 million in commissions and offering expenses, the net proceeds will be used to bolster the company's balance sheet and for general corporate purposes. This strategic move aims to enhance NIO's financial stability amidst the growth of its premium smart electric vehicle market.
NIO Inc. announced its Q3 2021 financial results, reporting total revenues of RMB9,805.3 million (US$1,521.8 million), up 116.6% year-over-year and 16.1% sequentially. Vehicle deliveries reached 24,439, a 100.2% increase from Q3 2020. Vehicle sales stood at RMB8,636.8 million (US$1,340.4 million), with a 102.4% year-over-year increase. However, the company recorded a net loss of RMB835.3 million (US$129.6 million), a 42.3% increase from the previous quarter. NIO expects Q4 deliveries between 23,500 and 25,500 vehicles. Cash reserves totaled RMB47.0 billion (US$7.3 billion).
NIO Inc. plans to report its third quarter 2021 unaudited financial results on November 9, 2021, after U.S. market closure. The earnings conference call is slated for 8:00 PM ET on the same day, with a live webcast available on NIO's investor relations website. Interested participants can register for dial-in access and replay options will be available post-call until November 18, 2021. NIO continues to lead in China’s premium smart electric vehicle market, leveraging innovations in battery swapping and autonomous driving technologies.
NIO delivered 3,667 vehicles in October 2021, a 27.5% year-over-year decline, attributed to production reductions from restructuring and manufacturing upgrades. Despite challenges, new orders hit an all-time high, indicating strong user demand. The October delivery comprised 218 ES8s, 2,528 ES6s, and 921 EC6s, with cumulative deliveries reaching 145,703. NIO's strategic focus on innovative technologies and community engagement underlines its position in China's premium electric vehicle market.
Sunnova Energy International Inc. (NYSE: NOVA) has appointed Mary Yang as an independent Class III director of its Board, effective October 13, 2021. Yang brings over 25 years of technology experience, enhancing the board's capabilities amid Sunnova's focus on software development and innovation. She has held significant roles in corporate development at NIO and Fortinet and currently serves as Chief Strategy Officer at Ciena. Her expertise is expected to contribute to the company's growth as a technology-enabled service provider.
NIO reported record deliveries for September 2021, achieving a total of 10,628 vehicles delivered, marking a 125.7% increase year-over-year. For the third quarter, NIO delivered 24,439 vehicles, reflecting a 100.2% year-over-year growth and surpassing its quarterly guidance. Cumulative deliveries of NIO’s models (ES8, ES6, EC6) reached 142,036 as of September 30, 2021. The company also opened its NIO House and initiated vehicle deliveries in Norway.
NIO Inc. (NYSE: NIO) has announced an at-the-market equity offering program to sell up to $2 billion of its American depositary shares (ADSs). The ADSs represent one Class A ordinary share of the company. Notable sales agents for this offering include Credit Suisse, Morgan Stanley, and Goldman Sachs. Proceeds from the offering are intended to strengthen the company’s balance sheet and for general corporate purposes. The offering is conducted under the shelf registration statement filed with the SEC, and further details can be found in the prospectus supplement.
FAQ
What is the current stock price of NIO American depositary shares, each representing one (NIO)?
What is the market cap of NIO American depositary shares, each representing one (NIO)?
What does NIO Inc. specialize in?
When was NIO Inc. founded?
What was NIO's first vehicle model?
What is Battery as a Service (BaaS)?
How many vehicles has NIO sold as of 2023?
What is NIO's latest vehicle brand?
Where can I access NIO's annual reports?
What are NIO's future goals?
Who can vote at NIO's Annual General Meeting (AGM)?
What markets does NIO target?
