ES8

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.

XREAL Teams with Sector Leading Companies at CES 2024 to Bring Spatial Computing to More Audiences

Retrieved on: 
Monday, January 8, 2024

LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- XREAL's mission is to bring augmented reality (AR) to everyone. In 2024, XREAL is committed to extending its expertise in spatial computing to more scenarios and more audiences. To achieve that, XREAL (formerly "Nreal") today unveiled its CES 2024 partner spotlight array, a field of innovative companies aligned with XREAL to unite cutting edge technologies and demonstrations that appeal to consumer and business sectors alike. The XREAL CES 2024 partner spotlight array includes Qualcomm Technologies Inc., BMW Group, Nio, Quintar, and Forma Vision.

Key Points: 
  • In 2024, XREAL is committed to extending its expertise in spatial computing to more scenarios and more audiences.
  • The XREAL CES 2024 partner spotlight array includes Qualcomm Technologies Inc., BMW Group, Nio, Quintar, and Forma Vision.
  • "Our CES 2024 partners are leading in their respective fields, just as XREAL is the leader in spatial computing and AR glasses.
  • I can't wait for CES attendees to experience everything we've created together at CES 2024, and what will come in the future."

XREAL Teams with Sector Leading Companies at CES 2024 to Bring Spatial Computing to More Audiences

Retrieved on: 
Monday, January 8, 2024

LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- XREAL's mission is to bring augmented reality (AR) to everyone. In 2024, XREAL is committed to extending its expertise in spatial computing to more scenarios and more audiences. To achieve that, XREAL (formerly "Nreal") today unveiled its CES 2024 partner spotlight array, a field of innovative companies aligned with XREAL to unite cutting edge technologies and demonstrations that appeal to consumer and business sectors alike. The XREAL CES 2024 partner spotlight array includes Qualcomm Technologies Inc., BMW Group, Nio, Quintar, and Forma Vision.

Key Points: 
  • In 2024, XREAL is committed to extending its expertise in spatial computing to more scenarios and more audiences.
  • "Our CES 2024 partners are leading in their respective fields, just as XREAL is the leader in spatial computing and AR glasses.
  • I can't wait for CES attendees to experience everything we've created together at CES 2024, and what will come in the future."
  • At CES 2024 in Las Vegas, XREAL unveiled its next iteration spatial computing AR glasses, XREAL Air 2 Ultra, rivaling the spatial capabilities of Apple Vision Pro and Meta Quest 3.

NIO Inc. Reports Unaudited Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 29, 2023

SHANGHAI, China, Aug. 29, 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 second quarter ended June 30, 2023.

Key Points: 
  • Vehicle sales in the second quarter of 2023 were RMB7,185.2million (US$990.9 million), representing a decrease of 24.9% from the second quarter of 2022 and a decrease of 22.1% from the first quarter of 2023.
  • Other sales in the second quarter of 2023 were RMB1,586.5 million (US$218.8 million), representing an increase of 119.9% from the second quarter of 2022 and an increase of 9.3% from the first quarter of 2023.
  • Gross margin in the second quarter of 2023 was 1.0%, compared with 13.0% in the second quarter of 2022 and 1.5% in the first quarter of 2023.
  • Vehicle margin in the second quarter of 2023 was 6.2%, compared with 16.7% in the second quarter of 2022 and 5.1% in the first quarter of 2023.

NIO Inc. Reports Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Friday, June 9, 2023

SHANGHAI, China, June 09, 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 first quarter ended March 31, 2023.

Key Points: 
  • Vehicle sales in the first quarter of 2023 were RMB9,224.5 million (US$1,343.2 million), representing a decrease of 0.2% from the first quarter of 2022 and a decrease of 37.5% from the fourth quarter of 2022.
  • Other sales in the first quarter of 2023 were RMB1,452.0 million (US$211.4 million), representing an increase of 117.8% from the first quarter of 2022 and an increase of 11.3% from the fourth quarter of 2022.
  • Gross margin in the first quarter of 2023 was 1.5%, compared with 14.6% in the first quarter of 2022 and 3.9% in the fourth quarter of 2022.
  • Vehicle margin in the first quarter of 2023 was 5.1%, compared with 18.1% in the first quarter of 2022 and 6.8% in the fourth quarter of 2022.

NIO Inc. Provides April 2023 Delivery Update

Retrieved on: 
Monday, May 1, 2023

NIO delivered 6,658 vehicles in April 2023, increasing by 31.2% year-over-year

Key Points: 
  • NIO delivered 6,658 vehicles in April 2023, increasing by 31.2% year-over-year
    NIO delivered 37,699 vehicles year-to-date in 2023, increasing by 22.2% year-over-year
    Cumulative deliveries of NIO vehicles reached 327,255 as of April 30, 2023
    SHANGHAI, China, May 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 April 2023 delivery results.
  • In April 2023, the majority of deliveries were attributable to ET5 and ES7, while NIO has been upgrading its product offerings from NIO Technology 1.0 (NT1.0) to NIO Technology 2.0 (NT2.0).
  • In late April 2023, NIO started to steadily ramp up the production and delivery of the EC7, a five-seater smart electric flagship coupe SUV from NT2.0.
  • On April 18, 2023, NIO debuted the All-New ES6, a smart electric all-round SUV, at the Shanghai Auto Show.

NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 1, 2023

SHANGHAI, China, March 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 unaudited financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Total revenues in the fourth quarter of 2022 were RMB16,063.5 million (US$2,329.0 million), representing an increase of 62.2% from the fourth quarter of 2021 and an increase of 23.5% from the third quarter of 2022.
  • Vehicle sales in the fourth quarter of 2022 were RMB14,759.0 million (US$2,139.9 million), representing an increase of 60.2% from the fourth quarter of 2021 and an increase of 23.7% from the third quarter of 2022.
  • Gross margin in the fourth quarter of 2022 was 3.9%, compared with 17.2% in the fourth quarter of 2021 and 13.3% in the third quarter of 2022.
  • Vehicle margin in the fourth quarter of 2022 was 6.8%, compared with 20.9% in the fourth quarter of 2021 and 16.4% in the third quarter of 2022.

NIO Inc. Prudently Adjusts Fourth Quarter 2022 Delivery Outlook

Retrieved on: 
Tuesday, December 27, 2022

SHANGHAI, China, Dec. 27, 2022 (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 provided an updated delivery outlook for the fourth quarter of 2022.

Key Points: 
  • SHANGHAI, China, Dec. 27, 2022 (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 provided an updated delivery outlook for the fourth quarter of 2022.
  • The Company now expects to deliver 38,500 to 39,500 vehicles in the fourth quarter of 2022, adjusted from previously released outlook of 43,000 to 48,000 vehicles.
  • On December 24, 2022, the Company hosted NIO Day 2022 in Hefei, China and launched the EC7, a smart electric flagship coupe SUV, and the All-New ES8, an all-around smart electric flagship SUV, from NIO Technology 2.0 (NT2.0).
  • The EC7 and the All-New ES8 are expected to commence delivery in May and June 2023, respectively.

NIO Inc. Provides November 2022 Delivery Update

Retrieved on: 
Thursday, December 1, 2022

SHANGHAI, China, Dec. 01, 2022 (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 2022 delivery results.

Key Points: 
  • NIO delivered 14,178 vehicles in November 2022, increasing by 30.3% year-over-year
    NIO delivered 106,671 vehicles year-to-date 2022, increasing by 31.8% year-over-year
    Cumulative deliveries of NIO vehicles reached 273,741 as of November 30, 2022
    SHANGHAI, China, Dec. 01, 2022 (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 2022 delivery results.
  • NIO delivered 14,178 vehicles in November 2022, a new record-high monthly delivery, representing an increase of 30.3% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 273,741 as of November 30, 2022.
  • NIO will further accelerate the production and delivery in December 2022.

NIO Inc. Provides October 2022 Delivery Update

Retrieved on: 
Tuesday, November 1, 2022

NIO delivered 10,059 vehicles in October 2022, increasing by 174.3% year-over-year

Key Points: 
  • NIO delivered 10,059 vehicles in October 2022, increasing by 174.3% year-over-year
    NIO delivered 92,493 vehicles year-to-date 2022, increasing by 32.0% year-over-year
    Cumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022
    SHANGHAI, China, Nov. 01, 2022 (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 October 2022 delivery results.
  • NIO delivered 10,059 vehicles in October 2022, representing an increase of 174.3% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022.
  • In October, NIO unveiled ET7, EL7 and ET5 for the European markets at the NIO Berlin 2022.