ES6

NIO Inc. Provides March and First Quarter 2024 Delivery Update

Retrieved on: 
Monday, April 1, 2024

NIO delivered 11,866 vehicles in March 2024, increasing by 14.3% year-over-year

Key Points: 
  • NIO delivered 11,866 vehicles in March 2024, increasing by 14.3% year-over-year
    Cumulative deliveries of NIO vehicles reached 479,647 as of March 31, 2024
    SHANGHAI, China, April 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 March and first quarter 2024 delivery results.
  • NIO delivered 30,053 vehicles in the first quarter of 2024.
  • Beginning in March 2024, NIO started deliveries of its 2024 ES8, ES6, EC7, EC6 and ET5T.
  • The Company plans to start deliveries of the 2024 ES7, ET7 and ET5 soon in the second quarter of 2024.

NATIONAL TECH TRAINING NONPROFIT, NPOWER, ANNOUNCES NEW INNOVATIONS TO INCREASE OPPORTUNITIES FOR WOMEN IN TECH

Retrieved on: 
Wednesday, April 3, 2024

New research reveals that US women currently represent nearly two-thirds of people working in the 40 lowest-paid jobs across the country, including restaurant servers, bartenders, hotel clerks, housekeepers, and retail store staff, among other jobs. Per NPower's Command Shift Coalition's seminal Equation for Equality research report, women working in these positions and using basic tech skills-- such as a digital cash register clerk-- could, with additional tech skills training, transition into full tech positions. In fact, the data showed that there are 500 such feasible transitions.

Key Points: 
  • This adds to NPower's many course offerings, designed to serve young adults, military-connected individuals, and women from under-resourced communities.
  • Per NPower's Command Shift Coalition's seminal Equation for Equality research report, women working in these positions and using basic tech skills-- such as a digital cash register clerk-- could, with additional tech skills training, transition into full tech positions.
  • In this focus, they'll also develop a project portfolio to fuel their opportunities for freelance employment, entrepreneurship or full-time placement.
  • Corporate partners who have joined in on NPower's commitment to diversifying the tech industry include Comcast NBCUniversal, NETSCOUT, and Tata Consultancy Services, among others.

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. 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. Announces that Deliveries in July 2023 Reached 20,462 Vehicles

Retrieved on: 
Tuesday, August 1, 2023

SHANGHAI, China, Aug. 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 July 2023 delivery results.

Key Points: 
  • NIO delivered 20,462 vehicles in July 2023, increasing by 103.6% year-over-year
    Cumulative deliveries of NIO vehicles reached 364,579 as of July 31, 2023
    SHANGHAI, China, Aug. 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 July 2023 delivery results.
  • NIO delivered 20,462 vehicles in July 2023, representing an increase of 103.6% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 364,579 as of July 31, 2023.
  • In July 2023, both ET5 and EL7 were awarded the five-star rating in 2023 Euro NCAP safety tests.

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 May 2023 Delivery Update

Retrieved on: 
Thursday, June 1, 2023

NIO delivered 43,854 vehicles year-to-date in 2023, increasing by 15.8% year-over-year

Key Points: 
  • NIO delivered 43,854 vehicles year-to-date in 2023, increasing by 15.8% year-over-year
    Cumulative deliveries of NIO vehicles reached 333,410 as of May 31, 2023
    SHANGHAI, China, June 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 May 2023 delivery results.
  • Cumulative deliveries of NIO vehicles reached 333,410 as of May 31, 2023.
  • On May 24, 2023, NIO launched the All-New ES6, a smart electric all-round SUV in China and started its deliveries the next day.
  • In addition, NIO plans to launch a new vehicle model based on NT2.0, ET5 Touring, a mid-size smart electric tourer and start its delivery to users in June 2023.

NIO Emerging Carmaker Strategy Research Report 2023: ES6, ET7 and EC6 were the Top Three Models by Sales - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 1, 2023

The "Emerging Carmaker Strategy Research Report, 2023 - NIO" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Emerging Carmaker Strategy Research Report, 2023 - NIO" report has been added to ResearchAndMarkets.com's offering.
  • As ES7, ET7 and ET5 ("775") were delivered, they saw a rising share of sales.
  • By province, Zhejiang (26,747 units), Jiangsu (18,105 units) and Guangdong (15,626 units) ranked top three by sales.
  • At present, all the cars delivered by NIO are positioned as high-end models priced at higher than RMB300,000.

NIO Inc. to Hold the All-New ES6 Launch Event on May 24, 2023

Retrieved on: 
Tuesday, May 23, 2023

SHANGHAI, China, May 23, 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 expects to host the all-new ES6 launch event in China on Wednesday, May 24, 2023.

Key Points: 
  • SHANGHAI, China, May 23, 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 expects to host the all-new ES6 launch event in China on Wednesday, May 24, 2023.
  • The all-new ES6 launch event will start at 7:00 AM U.S. Eastern Time on May 24, 2023 (7:00 PM Beijing/Hong Kong/Singapore Time on May 24, 2023), and the live video webcast will be accessible on multiple platforms in Mandarin Chinese, including nio.cn and NIO app.

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.