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

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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.

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NIO Inc. announces proposed offering of convertible senior notes totaling $1 billion
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NIO delivered 19,329 vehicles in August 2023, increasing by 81.0% YoY. Cumulative deliveries reached 383,908 as of August 31, 2023.
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NIO announces Q2 2023 financial results with a decrease in vehicle deliveries and sales, resulting in a loss from operations and net loss
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NIO Inc. will report its Q2 2023 unaudited financial results on August 29, 2023. The company is a pioneer and leader in the premium smart electric vehicle market.
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NIO Inc. achieves record-high monthly deliveries, delivering 20,462 vehicles in July 2023, an increase of 103.6% YoY. Cumulative deliveries reach 364,579 as of July 31, 2023.
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NIO Inc. has closed a US$738.5 million strategic equity investment from CYVN Investments RSC Ltd, an affiliate of CYVN Holdings L.L.C. CYVN Entities also acquired certain Class A ordinary shares of the Company from an affiliate of Tencent for US$350 million. Following the transactions, CYVN Investments RSC Ltd now owns approximately 7.0% of NIO's total issued and outstanding shares. NIO and CYVN Entities will collaborate in international business and technology cooperation.
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NIO delivered 10,707 vehicles in June 2023 and 23,520 vehicles in Q2 2023. Cumulative deliveries reached 344,117 as of June 30, 2023. NIO launched the ET5 Touring and started deliveries on June 15, 2023. Delivery ramp-up of the All-New ES8 began on June 28, 2023.
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NIO delivered 6,155 vehicles in May 2023, consisting of 2,396 SUVs and 3,759 sedans. Cumulative deliveries reached 333,410 as of May 31, 2023. NIO launched the All-New ES6 and plans to launch the ET5 Touring in June 2023.
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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 $4.84 as of November 22, 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 10.1B.

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.

NIO Inc. American depositary shares, each representing one

NYSE:NIO

NIO Rankings

NIO Stock Data

10.15B
2.04B
2.49%
9.96%
8.94%
Auto Manufacturers
Consumer Cyclical
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United States of America
Shanghai