NIO

NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

SHANGHAI, China, March 05, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Vehicle sales in the fourth quarter of 2023 were RMB15,438.7 million (US$2,174.5 million), representing an increase of 4.6% from the fourth quarter of 2022 and a decrease of 11.3% from the third quarter of 2023.
  • Other sales in the fourth quarter of 2023 were RMB1,664.5 million (US$234.4 million), representing an increase of 27.6% from the fourth quarter of 2022 and an increase of 0.4% from the third quarter of 2023.
  • Gross margin in the fourth quarter of 2023 was 7.5%, compared with 3.9% in the fourth quarter of 2022 and 8.0% in the third quarter of 2023.
  • Vehicle margin in the fourth quarter of 2023 was 11.9%, compared with 6.8% in the fourth quarter of 2022 and 11.0% in the third quarter of 2023.

NIO Inc. Provides February 2024 Delivery Update

Retrieved on: 
Friday, March 1, 2024

Cumulative deliveries of NIO vehicles reached 467,781 as of February 29, 2024

Key Points: 
  • Cumulative deliveries of NIO vehicles reached 467,781 as of February 29, 2024
    SHANGHAI, China, March 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its February 2024 delivery results.
  • NIO delivered 8,132 vehicles in February 2024.
  • The deliveries consisted of 4,765 premium smart electric SUVs, and 3,367 premium smart electric sedans.
  • Cumulative deliveries of NIO vehicles reached 467,781 as of February 29, 2024.

NIO Entered Into Technology License Agreement with Forseven Limited

Retrieved on: 
Monday, February 26, 2024

SHANGHAI, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced that its subsidiary, NIO Technology (Anhui) Co., Ltd. (the “Company”), has entered into a technology license agreement (the “Technology License Agreement”) with Forseven Limited (“Forseven”), a subsidiary of CYVN Holdings L.L.C.

Key Points: 
  • SHANGHAI, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced that its subsidiary, NIO Technology (Anhui) Co., Ltd. (the “Company”), has entered into a technology license agreement (the “Technology License Agreement”) with Forseven Limited (“Forseven”), a subsidiary of CYVN Holdings L.L.C.
  • Under the Technology License Agreement, the Company will receive technology license fees comprising a non-refundable, fixed upfront license fee plus royalties determined based on the future sales of Licensed Products by Forseven.
  • The Technology License Agreement may be terminated by either party under certain conditions.
  • The Company may also terminate the Technology License Agreement under certain conditions, including if a company that owns one or more automotive brands and sells vehicles under such brand(s) to the market obtains control of Forseven.

NIO Inc. to Report Unaudited Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 5, 2024

Retrieved on: 
Thursday, February 22, 2024

SHANGHAI, China, Feb. 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 on Tuesday, March 5, 2024, before the open of the U.S. markets.

Key Points: 
  • SHANGHAI, China, Feb. 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 on Tuesday, March 5, 2024, before the open of the U.S. markets.
  • The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on March 5, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on March 5, 2024).
  • For participants who wish to join the conference using dial-in numbers, please register in advance using the link provided below and dial in 10 minutes prior to the call.
  • A replay of the conference call will be accessible by phone at the following numbers, until March 12, 2024:

Global and China Autonomous Driving Map Industry Report 2024: How are Players Responding to the Development of New-Generation Autonomous Driving Maps - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 7, 2024

Autonomous Driving Map Industry Report, 2024 highlights the following:

Key Points: 
  • Autonomous Driving Map Industry Report, 2024 highlights the following:
    Autonomous driving map (formulation of policies, regulations, standards, etc.
  • );
    Application scenarios of intelligent driving map (high-speed autonomous driving of passenger cars, low-speed parking, autonomous human carrying, autonomous object carrying, etc.
  • 1 Status Quo of Policies, Standards and Regulations Concerning Autonomous Driving Map
    2.2 Classification of Autonomous Driving Maps: Navigation Map (SD Map)
    2.3 Classification of Autonomous Driving Maps: ADAS Map (SD Pro MAP)
    2.4 Classification of Autonomous Driving Maps: HD Map
    2.5 How Do Conventional Map Providers Make Layout Driven by Urban NOA?
  • 4.3 Intelligent Driving Map Application in Sub-scenarios: Low-speed Parking of Passenger Cars
    4.4 Intelligent Driving Map Application in Sub-scenarios: Autonomous Object Carrying
    4.5 Intelligent Driving Map Application in Sub-scenarios: Autonomous Human Carrying

Global and China Passenger Car Navigate on Autopilot (NOA) Industry Report 2023 Featuring 5 Foreign Suppliers, 23 Domestic Suppliers and Solutions and Application of 10 OEMs - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The "China Passenger Car Navigate on Autopilot (NOA) Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Passenger Car Navigate on Autopilot (NOA) Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Intelligent driving is evolving from L2 to L2+ and L2++, and Navigate on Autopilot (NOA) has become a layout focus in the industry.
  • These issues are exactly what the publisher explores and studies in China Passenger Car Navigate on Autopilot (NOA) Industry Report, 2023
    NOA is evolving from Highway NOA to Urban NOA.
  • Navigate on Autopilot (NOA) is divided into Highway NOA and Urban NOA by application scenario.

China Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024: Competitive Landscape, OEM-led, Internet-backed, ICT-backed, Platforms of Third Party Suppliers - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Telematics Service Providers (TSP) and Application Services Research Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • Next how to provide diversified, personalized and intelligent application services using telematics big data will become the focus of major OEMs forging brand differentiation.
  • At present, China's intelligent connected vehicle application services are mainly four scenario services: in-vehicle information services, after-sales information services, off-vehicle near-field services and off-vehicle remote services.
  • Therefore, emerging automakers such as NIO, Xpeng and Li Auto integrate the next-generation application service platforms with vehicle operating systems.

Global and China Passenger Car Intelligent Steering Industry Report 2023: Suppliers and OEMs Quicken their Pace of Deploying Steer-by-Wire, with More Production Models - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024

The "Passenger Car Intelligent Steering Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car Intelligent Steering Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Passenger Car Intelligent Steering Industry Report, 2023 combs through and studies the status quo of passenger car intelligent steering and the product layout of OEMs, suppliers, and supply chains, and predicts the future development trends of passenger car intelligent steering.
  • From 2020 to 2023, the penetration of EPS in the Chinese passenger car market remained at a high level.
  • Suppliers and OEMs quicken their pace of deploying steer-by-wire, with more production models.

Automotive AI Foundation Model Technology and Application Trends Report 2024: AI Foundation Models Evolve Rapidly, Bringing New Opportunities

Retrieved on: 
Wednesday, March 6, 2024

DUBLIN, March 6, 2024 /PRNewswire/ -- The "Automotive AI Foundation Model Technology and Application Trends Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 6, 2024 /PRNewswire/ -- The "Automotive AI Foundation Model Technology and Application Trends Report, 2023-2024" report has been added to ResearchAndMarkets.com's offering.
  • Since 2023 ever more vehicle models have begun to be connected with foundation models, and an increasing number of Tier1s have launched automotive foundation model solutions.
  • Especially Tesla's big progress of FSD V12 and the launch of SORA have accelerated implementation of AI foundation models in cockpits and intelligent driving.
  • The development of AI foundation models for autonomous driving can be divided into four phases.

Global and China Autonomous Driving Map Industry Report 2024 Featuring 14 Chinese and Foreign Map Providers and 4 HD Map Technology Companies

Retrieved on: 
Tuesday, March 5, 2024

DUBLIN, March 5, 2024 /PRNewswire/ -- The "Autonomous Driving Map Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 5, 2024 /PRNewswire/ -- The "Autonomous Driving Map Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • );
    Application scenarios of intelligent driving map (high-speed autonomous driving of passenger cars, low-speed parking, autonomous human carrying, autonomous object carrying, etc.
  • 1 Status Quo of Policies, Standards and Regulations Concerning Autonomous Driving Map
    2.2 Classification of Autonomous Driving Maps: Navigation Map (SD Map)
    2.3 Classification of Autonomous Driving Maps: ADAS Map (SD Pro MAP)
    2.4 Classification of Autonomous Driving Maps: HD Map
    2.5 How Do Conventional Map Providers Make Layout Driven by Urban NOA?
  • 4.3 Intelligent Driving Map Application in Sub-scenarios: Low-speed Parking of Passenger Cars
    4.4 Intelligent Driving Map Application in Sub-scenarios: Autonomous Object Carrying
    4.5 Intelligent Driving Map Application in Sub-scenarios: Autonomous Human Carrying