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Nio inc   (NIO)
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Price: $5.5800 $0.00 0.000%
Day's High: $5.76 Week Perf: -8.52 %
Day's Low: $ 5.57 30 Day Perf: -7 %
Volume (M): 33,811 52 Wk High: $ 16.18
Volume (M$): $ 188,666 52 Wk Avg: $8.57
Open: $5.71 52 Wk Low: $4.78



 Market Capitalization (Millions $) 9,134
 Shares Outstanding (Millions) 1,637
 Employees 834
 Revenues (TTM) (Millions $) 7,143
 Net Income (TTM) (Millions $) -2,093
 Cash Flow (TTM) (Millions $) 693
 Capital Exp. (TTM) (Millions $) 1,011

Nio Inc
NIO Inc. (NYSE: NIO) is a Chinese multinational electric vehicle manufacturing company that is headquartered in Shanghai, China. It was founded in 2014 by William Li Bin, a Chinese entrepreneur who was previously involved with Bitauto, a Chinese auto website platform. The company's goal is to create an eco-friendly, safe, and intelligent electric vehicle for the future.

NIO Inc. has a unique strategy for its electric vehicle business. It designs and develops its electric vehicles in-house, but outsources the manufacturing and distribution to other companies. This reduces the company's operating costs and allows for a more flexible business model.

The company currently sells two electric vehicle models: the NIO ES6 and the NIO ES8. Both models provide impressive performance and safety features, with a range of over 300 miles on a single charge. The ES8 is a seven-seater SUV, while the ES6 is a five-seater SUV. In addition to these models, NIO is also developing a new electric sedan, the ET7, which is set to offer a range of 620 miles on a single charge.

One of NIO's innovations is its Battery-as-a-Service (BaaS) model. Instead of owning the battery, customers can rent it on a monthly basis, reducing the upfront cost of the vehicle. This also allows for a more environmentally friendly lifecycle for the batteries, as NIO can recycle and reuse them.

NIO also has a unique approach to marketing and customer engagement. The company has built a strong community of loyal customers, called "NIO House," which provides a gathering place for EV enthusiasts to share their experiences and knowledge. Additionally, the company regularly organizes events, such as music festivals and road trips, to promote their vehicles and brand.

In terms of financial performance, NIO has experienced significant growth in recent years. Its revenue in the first quarter of 2021 was $1.2 billion, a 482.8% increase from the same period in 2020. Additionally, the company's stock price has soared, reaching a high of $66.99 per share in early 2021.

NIO's success can be attributed to its innovative approach to electric vehicle manufacturing, its strong brand and customer community, and its commitment to promoting sustainable transportation. The company's future looks promising, as it continues to expand its product line and grow its global presence.


   Company Address: Building 20, No. 56 AnTuo Road Shanghai 201804
   Company Phone Number: 21-6908 2018   Stock Exchange / Ticker: NYSE NIO
   NIO is expected to report next financial results on April 27, 2024.


   

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Product Service News

NIO Inc.'s Electrifying Growth: February 2024 Delivery Update Sets New Industry Standards

Published Fri, Mar 1 2024 9:31 AM UTC

NIO Inc. Achieves Remarkable Delivery Growth in February 2024, Setting New Industry StandardsSHANGHAI, China, March 01, 2024 - NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), the prominent player and trailblazer in the premium smart electric vehicle market, proudly revealed its remarkable February 2024 delivery results. As the company continues to redefine the automotive industr...

Licensing Agreement

NIO Signs Technology License Agreement with Forseven, Expanding Smart Electric Vehicle Market Reach

Published Mon, Feb 26 2024 10:01 AM UTC

SHANGHAI, China, Feb. 26, 2024 - NIO Inc., a renowned pioneer in the premium smart electric vehicle market, has recently made an impressive move by entering into a technology license agreement with Forseven Limited, a subsidiary of CYVN Holdings L.L.C.Under the terms of the agreement, NIO's subsidiary, NIO Technology (Anhui) Co., Ltd., will grant Forseven a non-exclusive an...

Financing Agreement

NIO Inc. Reshapes Financial Landscape with Successful Completion of Repurchase Right Offer for Its Convertible Senior Notes

Published Thu, Feb 1 2024 9:52 AM UTC

NIO Inc. Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026
SHANGHAI, China, Feb. 01, 2024 - NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a pioneer and a leading company in the premium smart electric vehicle market, has successfully concluded its repurchase right offer for its 0.00% Convertible Senior Notes due 2026 (the Not...

Product Service News

NIO Inc. Continues Strong Momentum with Impressive January 2024 Delivery Results

Published Thu, Feb 1 2024 9:39 AM UTC

NIO Inc. Continues Strong Momentum with Impressive January 2024 Delivery ResultsSHANGHAI, China, Feb. 01, 2024 - NIO Inc., a pioneer and a leading company in the premium smart electric vehicle market, has surpassed expectations yet again with its January 2024 delivery results. NIO announced today that it has achieved remarkable success in terms of vehicle deliveries, solidi...

Financing Agreement

NIO Inc. faces Challenges with Receivables Turnover Ratio Amidst Announcement of Repurchase Right for Convertible Senior Notes

Published Wed, Jan 3 2024 11:01 AM UTC


Introduction
In a recent development, NIO Inc., a leading pioneer in the premium smart electric vehicle market, has announced its intention to repurchase its 0.00% Convertible Senior Notes due 2026. This move aims to offer greater financial flexibility to the company and its stakeholders. However, amidst this announcement, concerns arise regarding NIO's ability to c...






 

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