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NIO Inc. American depositary shares, each representing one - NIO STOCK NEWS

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.

News

NIO Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN

Rhea-AI Summary
NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) has closed a US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd, bringing CYVN's ownership to approximately 20.1% of the Company's total issued and outstanding shares. This follows a previous US$738.5 million investment from CYVN in July 2023. NIO and CYVN will collaborate on strategic and technology initiatives in international markets.
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NIO Inc. Announces US$2.2 Billion Strategic Equity Investment from CYVN

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NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) announced a share subscription agreement with CYVN Holdings L.L.C for a US$2.2 billion investment, making CYVN the beneficial owner of approximately 20.1% of NIO's total issued and outstanding shares. The agreement also grants CYVN the right to nominate directors to NIO's board and signals a strategic partnership between the two companies.
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NIO Inc. Reports Unaudited Third Quarter 2023 Financial Results

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NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) reported a record quarterly delivery of 55,432 vehicles, with total revenues reaching RMB19,066.6 million (US$2,613.3 million) in the third quarter of 2023. The company's vehicle margin was 11.0% in Q3 2023. NIO also completed an offering of convertible senior notes and acquired manufacturing equipment and assets.
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NIO Inc. Provides November 2023 Delivery Update

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NIO Inc. (NIO) delivered 15,959 vehicles in November 2023, marking a 12.6% year-over-year increase. The year-to-date deliveries for 2023 reached 142,026 vehicles, showing a 33.1% increase from the previous year. Cumulative deliveries of NIO vehicles reached 431,582 as of November 30, 2023.
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NIO Inc. to Report Third Quarter 2023 Financial Results on Tuesday, December 5, 2023

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NIO Inc. (NIO) will report its third quarter 2023 unaudited financial results on December 5, 2023. The earnings conference call will be hosted at 7:00 AM U.S. Eastern Time. A live and archived webcast will be available on the Company’s investor relations website. Participants can join using dial-in numbers, with a replay accessible until December 12, 2023.
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NIO Inc. Announces Appointment of Independent Director

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NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) appoints Professor Yonggang Wen as new independent director, bringing expertise in cloud computing and computational sustainability to the Board. Professor Wen, a distinguished academic and technology expert, is expected to enhance NIO's software and hardware capabilities, contributing to the company's mission of shaping a joyful lifestyle for its users.
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NIO Inc. Provides October 2023 Delivery Update

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NIO delivered 16,074 vehicles in October 2023, a 59.8% YoY increase. Cumulative deliveries reached 415,623. ET5T received a five-star safety rating from Euro NCAP. NIO has 2,079 Power Swap Stations and a global charging network.
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NIO Inc. Provides September and Third Quarter 2023 Delivery Update

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NIO delivered 15,641 vehicles in September 2023, increasing by 43.8% YoY. In Q3 2023, NIO delivered 55,432 vehicles, a 75.4% YoY increase. Cumulative deliveries reached 399,549. NIO also launched the All-New EC6 and released its 2022 ESG report.
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NIO Inc. Responds to Market Speculations

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NIO denies media speculations of capital raising activity, clarifies recent convertible notes offering completed on September 25, 2023.
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NIO Inc. Announces Closing of US$1 Billion Convertible Senior Notes Offering

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NIO Inc. closes Notes Offering, raising $500 million each for 2029 and 2030 Notes. The company also purchases $500 million of outstanding convertible senior notes. The net proceeds will be used to strengthen the balance sheet and for general corporate purposes.
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FAQ

What is the current stock price of NIO American depositary shares, each representing one (NIO)?

The current stock price of NIO American depositary shares, each representing one (NIO) is $4.54 as of December 20, 2024.

What is the market cap of NIO American depositary shares, each representing one (NIO)?

The market cap of NIO American depositary shares, each representing one (NIO) is approximately 9.2B.

What does NIO Inc. specialize in?

NIO Inc. is a leading company in the premium smart electric vehicle market, offering innovative features like battery swapping and autonomous driving.

When was NIO Inc. founded?

NIO Inc. was founded in November 2014.

What was NIO's first vehicle model?

NIO's first vehicle model was the ES8, a seven-seater electric SUV, launched in December 2017.

What is Battery as a Service (BaaS)?

Battery as a Service (BaaS) is a subscription-based service offered by NIO that allows users to swap their vehicle batteries.

How many vehicles has NIO sold as of 2023?

NIO has sold over 160,000 electric vehicles as of 2023.

What is NIO's latest vehicle brand?

NIO's latest vehicle brand is ONVO, which aims to enhance family life with smarter vehicle solutions.

Where can I access NIO's annual reports?

NIO's annual reports can be accessed on the company's investor relations website and the SEC's website.

What are NIO's future goals?

NIO aims to lead the way into the future with smart, electric, and autonomous vehicles, creating a seamless experience between home, work, and travel.

Who can vote at NIO's Annual General Meeting (AGM)?

Holders of record of ordinary shares as of May 24, 2024, and holders of American depositary shares through Deutsche Bank Trust Company Americas are entitled to vote.

What markets does NIO target?

NIO targets the premium segment of the smart electric vehicle market.

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NIO Inc. American depositary shares, each representing one

NYSE:NIO

NIO Rankings

#900 Ranked by Market Cap
N/A Ranked by Dividends

NIO Stock Data

9.20B
1.89B
2.49%
9.82%
8.94%
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