NIO

China Passenger Car Driving-parking Integrated Solution Industry Report 2023: With the Declining Share of the Self-development Model, Suppliers' Solutions Blossom - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024
Automotive, General Automotive, VPA, Lidar, Partnership, Baidu, Sale, OEM, ODIN, BEV, PDC, City, HWA, NOA, Aptiv, Great Wall Motor, HD, Research, Original equipment manufacturer, SUV, DJI, TI, Perception, NIO, BYD, Radar, Mount Hua, AVM, OTA, J3, Hongqi (marque), Tegra, Satellite navigation device

The "China Passenger Car Driving-parking Integrated Solution Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Passenger Car Driving-parking Integrated Solution Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Research on driving-parking integration: with the declining share of the self-development model, suppliers' solutions blossom.
  • For example, Aptiv's driving-parking integrated solution launched in April 2023 can be divided into Core and Pro versions by configuration.
  • Hong Jing Drive's driving-parking integrated solution introduced in December 2022 is based on one J3 chip and supports 5R5V12U.

NIO Inc. Announces Repurchase Right Notification for 0.00% Convertible Senior Notes due 2026

Retrieved on: 
Wednesday, January 3, 2024
Depository Trust Company, Mechanics, FICC, HKEX, Note, CUSIP, PARTIES, Debt-to-GDP ratio, Repurchase agreement, NIO, Trustee, NOTES, Exercise, Security (finance)

The Repurchase Right expires at 5:00 p.m., New York City time, on Wednesday, January 31, 2024.

Key Points: 
  • The Repurchase Right expires at 5:00 p.m., New York City time, on Wednesday, January 31, 2024.
  • The Repurchase Right entitles each holder of the Notes to require the Company to repurchase all of such holder’s Notes or any portion thereof that is an integral multiple of US$1,000 principal amount.
  • If all outstanding Notes are surrendered for repurchase through exercise of the Repurchase Right, the aggregate cash purchase price will be US$301,448,000.00.
  • In order to exercise the Repurchase Right, a holder must follow the transmittal procedures set forth in the Company’s Repurchase Right Notice to holders (the “Repurchase Right Notice”), which is available through the Depository Trust Company and The Deutsche Bank Trust Company Americas.

NIO Inc. Provides December, Fourth Quarter and Full Year 2023 Delivery Update

Retrieved on: 
Monday, January 1, 2024
NIO, HKEX, SUV

NIO delivered 18,012 vehicles in December 2023, increasing by 13.9% year-over-year

Key Points: 
  • NIO delivered 18,012 vehicles in December 2023, increasing by 13.9% year-over-year
    NIO delivered 50,045 vehicles in the three months ended December 2023, increasing by 25.0% year-over-year
    NIO delivered 160,038 vehicles in 2023 in total, increasing by 30.7% year-over-year
    Cumulative deliveries of NIO vehicles reached 449,594 as of December 31, 2023
    SHANGHAI, China, Jan. 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 December, fourth quarter and full year 2023 delivery results.
  • NIO delivered 50,045 vehicles in the fourth quarter of 2023, representing an increase of 25.0% year-over-year.
  • For the year of 2023, NIO delivered a total of 160,038 vehicles, showing a year-over-year increase of 30.7%.
  • At NIO Day 2023, NIO launched the ET9, a smart electric executive flagship.

Innovusion Delivers 200,000 LiDAR Units, Driving the Industry with Unprecedented Growth

Retrieved on: 
Thursday, November 16, 2023
ITS, Lidar, Quality control, TuSimple, ES7, NIO, Growth, Transport, Automation, Renewable energy

Innovusion is a rapidly growing player in the LiDAR space, holding the majority of LiDAR market share in 2022 for passenger cars and light commercial vehicles, according to Yole Intelligence's Global Automotive LiDAR Market and Technology Report 2023.

Key Points: 
  • Innovusion is a rapidly growing player in the LiDAR space, holding the majority of LiDAR market share in 2022 for passenger cars and light commercial vehicles, according to Yole Intelligence's Global Automotive LiDAR Market and Technology Report 2023.
  • The company's production of 200,000 units in 2023 is a significant feat considering the challenges of large-scale mass production of high-performance LiDAR.
  • "We're thrilled to have achieved this milestone of producing 200,000 LiDAR units this year," said Junwei Bao, CEO and co-founder of Innovusion.
  • These collaborations have helped drive Innovusion's growth and pursuit of advanced LiDAR solutions, and the company will continue to develop solutions that meet the unique needs of the industry.

NIO Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN

Retrieved on: 
Wednesday, December 27, 2023
NIO, HKEX, Tencent

SHANGHAI, China, Dec. 27, 2023 (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 has closed the US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd (“CYVN”), an investment vehicle based in Abu Dhabi, as announced on December 18, 2023.

Key Points: 
  • SHANGHAI, China, Dec. 27, 2023 (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 has closed the US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd (“CYVN”), an investment vehicle based in Abu Dhabi, as announced on December 18, 2023.
  • In July 2023, CYVN made a US$738.5 million strategic equity investment in the Company and acquired certain Class A ordinary shares of the Company from an affiliate of Tencent Holdings Ltd. for an aggregate consideration of US$350 million.
  • Now with the closing of the US$2.2 billion strategic equity investment, CYVN in aggregate beneficially owns approximately 20.1% of the Company’s total issued and outstanding shares.
  • Going forward, NIO and CYVN, together with their respective affiliates, will continue to work closely and jointly to pursue strategic and technology collaborations in international markets.

NIO Inc. Announces US$2.2 Billion Strategic Equity Investment from CYVN

Retrieved on: 
Monday, December 18, 2023
Regulation, HKEX, Tencent, Investment, NIO, EV, Security (finance)

As previously announced, in July 2023 the Company received a US$738.5 million strategic equity investment from CYVN.

Key Points: 
  • As previously announced, in July 2023 the Company received a US$738.5 million strategic equity investment from CYVN.
  • Following the completion of the December Investment Transaction, CYVN will beneficially own approximately 20.1% of the Company’s total issued and outstanding shares.
  • NIO and CYVN, and their affiliates, will continue to work jointly to pursue strategic and technology collaborations in international markets following the closing of the December Investment Transaction.
  • We are excited to be a long-term strategic partner of NIO and support its efforts in product innovation, technological breakthroughs and international market expansion.”

Navitas Powers Pioneering NIO Phone with Fast Charging and Seamless EV Interaction

Retrieved on: 
Thursday, December 7, 2023
ICS, Mah, GM, EVS, DNA, Silicon carbide, Smartphone, Gallium nitride, NIO, Tablet, Silicon, Navitas, Satellite navigation device

Using NIO Link panoramic-interconnection technology, the NIO Phone integrates smoothly and seamlessly with smart EVs and NIO's in-car system.

Key Points: 
  • Using NIO Link panoramic-interconnection technology, the NIO Phone integrates smoothly and seamlessly with smart EVs and NIO's in-car system.
  • To support such powerful and comprehensive features, the NIO Phone is equipped with a large 5,200 mAh battery and an in-box GaNFast charger offering up to 66 W of charging power.
  • The NIO Phone fulfills the expectations and needs of NIO users for a flagship smartphone, making their cars more intuitive and user-friendly.
  • The combination of high efficiency and fast design accelerates our time-to-market.”
    Mr. Yingjie (Charles) Zha, VP and GM of Navitas China, stated, "Navitas is extremely honored to collaborate with TenPao to make the NIO Phone possible by integrating the leading GaNFast technology into the NIO Phone.

NIO Inc. Reports Unaudited Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, December 5, 2023
JAC, Marketing, PIN, Research, Acquisition, Note, ESG, SUV, Total, NIO, Growth, Video game

SHANGHAI, China, Dec. 05, 2023 (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 third quarter ended September 30, 2023.

Key Points: 
  • Vehicle sales in the third quarter of 2023 were RMB17,408.9 million (US$2,386.1 million), representing an increase of 45.9% from the third quarter of 2022 and an increase of 142.3% from the second quarter of 2023.
  • Other sales in the third quarter of 2023 were RMB1,657.7 million (US$227.2 million), representing an increase of 55.0% from the third quarter of 2022 and an increase of 4.5% from the second quarter of 2023.
  • Gross margin in the third quarter of 2023 was 8.0%, compared with 13.3% in the third quarter of 2022 and 1.0% in the second quarter of 2023.
  • Vehicle margin in the third quarter of 2023 was 11.0%, compared with 16.4% in the third quarter of 2022 and 6.2% in the second quarter of 2023.

NIO Inc. Provides November 2023 Delivery Update

Retrieved on: 
Friday, December 1, 2023
NIO, HKEX, SUV, Propane

NIO delivered 15,959 vehicles in November 2023, increasing by 12.6% year-over-year

Key Points: 
  • NIO delivered 15,959 vehicles in November 2023, increasing by 12.6% year-over-year
    NIO delivered 142,026 vehicles year-to-date in 2023, increasing by 33.1% year-over-year
    Cumulative deliveries of NIO vehicles reached 431,582 as of November 30, 2023
    SHANGHAI, China, Dec. 01, 2023 (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 November 2023 delivery results.
  • NIO delivered 15,959 vehicles in November 2023, increasing by 12.6% year-over-year.
  • The deliveries consisted of 10,545 premium smart electric SUVs, and 5,414 premium smart electric sedans.
  • Cumulative deliveries of NIO vehicles reached 431,582 as of November 30, 2023.

NIO Inc. to Report Third Quarter 2023 Financial Results on Tuesday, December 5, 2023

Retrieved on: 
Tuesday, November 21, 2023
NIO, PIN, HKEX

SHANGHAI, China, Nov. 21, 2023 (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 third quarter 2023 unaudited financial results on Tuesday, December 5, 2023, before the open of the U.S. markets.

Key Points: 
  • SHANGHAI, China, Nov. 21, 2023 (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 third quarter 2023 unaudited financial results on Tuesday, December 5, 2023, 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 December 5, 2023 (8:00 PM Beijing/Hong Kong/Singapore Time on December 5, 2023).
  • 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 December 12, 2023: