|Bid||4.7800 x 800|
|Ask||4.7900 x 1000|
|Day's range||4.6300 - 5.0600|
|52-week range||1.1900 - 10.6400|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||29 Dec 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3.72|
Planes and cars are the main topics today and EVs are a big deal no matter what Erique thinks. Airbus takes advantage of a limping Boeing and we get into the Battleground.
The U.S.-listed electric car startup, which last month flagged an urgent need for more funding, said on Wednesday it was exploring financing and strategic opportunities with Guangzhou Automobile (GAC Group). Nio did not specify the size of the potential funding but earlier in the day Sina Finance and other media reported it was in talks for up to $1 billion, sending its shares up as much as 17% in heavy trade. GAC Group said in a statement that the potential financing of up to $150 million would include funds it would raise itself and not have a material impact on its own finances.
NIO Inc. (“NIO” or the “Company”) (NIO) is a pioneer in China’s premium electric vehicle market. In view of the unusual market activity in the Company's American Depositary Shares (ADS) today and in accordance with its usual practice, the New York Stock Exchange has contacted the Company. The Company responded that it has explored financing and strategic opportunities with Guangzhou Automobile Group, and all commercial discussion remains preliminary and no definitive agreement has been entered into between the parties.
With Tesla (TSLA) riding on impressive vehicle models and aggressive expansion efforts, it appears that other auto firms are going to have to keep chasing this EV pioneer in the foreseeable future.
NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today provided its December 2019 delivery results. NIO delivered 3,170 vehicles in December 2019, representing a robust 25.4% month-over-month growth contributed by strong sales of both the ES6, the Company’s 5-seater high-performance premium electric SUV, and the ES8, the Company’s 7-seater high-performance premium electric SUV and its 6-seater variant.
While EV pioneer Tesla (TSLA) is set to start mass deliveries of China-manufactured Model 3 from the next week, NIO reports narrower year-over-year loss in Q3 amid high deliveries of the ES6 model.
NIO anticipates vehicle deliveries to be more than 8,000 units for the fourth quarter of 2019, suggesting rise of more than 66.7% from that reported in the third quarter of 2019.
Tesla delivered its first 15 cars assembled at its new factory in China. Investor Galileo Russell, the founder of HyperChange, expects the company to shift into high gear and become one of the few trillion dollar companies.
This comes at a time when electric car makers are battling an uncertain demand in China, the world's largest car market, as it rolls back subsidies on new energy vehicles amid criticism that some firms have become overly reliant on the funds. China's Nio had said subsidies for its pricier ES8 model, a seven-seater sport-utility electric vehicle that is widely seen as a rival to Tesla Inc's Model X, were slashed by nearly 83% starting June. Adding to its woes, Nio on Monday warned it did not have adequate cash for "continuous operation in the next 12 months" and was looking to obtain external financing.
Quarterly Total Revenues reached RMB1,836.8 million (US$257.0 million)Quarterly Deliveries of the ES8 and the ES6 were 4,799 vehicles SHANGHAI, China, Dec. 30, 2019 -- NIO.
SHANGHAI, China, Dec. 23, 2019 -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it will report its.
With Gigafactory 3 being a significant catalyst for Tesla, NIO is likely to face further difficulty in generating strong margins, given its production rate and vehicle lineup.
SHANGHAI, China, Dec. 16, 2019 -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it will hold its.
NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today provided its November 2019 delivery results. As of November 30, 2019, aggregate deliveries of the Company’s ES6 and ES8 reached 28,743 vehicles, of which 17,395 vehicles were delivered in 2019.
NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that Mr. Wei Feng is joining the Company as its new chief financial officer (CFO), effective November 18, 2019.
Under the agreement, Nio will manufacture and produce at mass scale a self-driving system designed by Mobileye, which will be integrated into Nio's electric-vehicle consumer lines, as well as Mobileye's driverless ride-hailing services. Shares in Nio surged 23% on the news.
Investing.com - Chinese electric-car Nio Inc (NYSE:NIO) jumped 37% overnight in the U.S. after the company signed a deal with an Intel Corp (NASDAQ:INTC) subsidiary to introduce a new driverless car technology to China and other markets.
NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced a strategic collaboration with Mobileye, the global leader in the development of vision technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving, and an Intel company, on the development of highly automated and autonomous vehicles (AV) for consumer markets in China and other major territories. As part of the planned cooperation, NIO will engineer and manufacture a self-driving system designed by Mobileye, building on Mobileye’s level-4 (L4) AV kit.
SHANGHAI, China, Nov. 04, 2019 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today provided its October 2019 delivery results. As of October 31, 2019, aggregate deliveries of the Company’s ES6 and ES8 reached 26,215 vehicles, of which 14,867 vehicles were delivered in 2019.