NIO reported better than expected Q3 earnings, but missed on revenue on Wednesday. NIO achieved record deliveries in the ...
NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already ...
Nio's U.S.-listed shares are little changed in mid-day trading, after the Chinese electric vehicle maker reported ...
A rumor spreading like wildfire on social media claims BYD will be taking over NIO (NYSE: NIO) as the EV giant gobbles up ...
Chinese premium electric vehicle maker NIO officially unveiled its third brand, Firefly, along with its first product sharing the same name. Positioned in the boutique compact car market, firefly aims ...
NIO Q3 revenue fell 2.1% YoY to $2.66 billion, missing estimates. Gross margin improved to 10.7%, with vehicle margin at 13.1%. Excluding share-based compensation expenses, the company reported an ...
Nio’s losses continue as retail promotions during the third quarter led to a 12% gain in vehicle delivery but a 14% decline in vehicle price and a 2% drop in revenue. Vehicle margin gained 2 ...
Analyst Tim Hsiao from Morgan Stanley maintained a Buy rating on Nio (NIO – Research Report) and keeping the price target at $6.10.Don't Miss ...
Nio (NIO) announced its October delivery results. The company delivered 20,976 vehicles in October, representing an increase of 30.5% year-over-year. The deliveries consisted of 16,657 vehicles ...
Nio started delivering its first vehicles in 2018, and its annual deliveries soared 81% in 2019, 113% in 2020, and 109% to 91,429 vehicles in 2021. Its annual vehicle margin rose from negative 9.9 ...
NIO's Q2 2024 vehicle sales topped RMB15,679.6 million (~$2.16 billion), an increase of 118.2% YoY and 87.1% over the first quarter of FY2024. That's mainly because the sales surge is based on the ...
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024, from 4.6 billion yuan in the corresponding period a year ago.