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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. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading company in the premium smart electric vehicle market, will report its unaudited financial results for the first quarter of 2024 on Thursday, June 6, 2024, before the U.S. markets open. The company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on June 6, 2024, which will also be accessible by a live and archived webcast on the company's investor relations website. Participants can join the call by registering in advance and dialing in 10 minutes prior. A replay of the conference call will be available until June 13, 2024.
NIO Inc. reported an impressive growth in vehicle deliveries for April 2024, with a 134.6% year-over-year increase totaling 15,620 vehicles. The year-to-date deliveries also rose by 21.2%, reaching 45,673 vehicles. Overall, cumulative deliveries of NIO vehicles reached 495,267 by April 30, 2024. The company introduced the 2024 ET7 sedan with notable improvements, emphasizing luxury and innovation. NIO's collaboration with Lotus Technology aims to enhance charging and swapping technologies in line with its commitment to technological advancement and user experience.
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