NIO delivered 20,544 vehicles in May 2024, increasing by 233.8% year-over-yearNIO delivered 66,217 vehicles year-to-date in 2024, increasing by 51.0% year-over-year Cumulative deliveries of NIO vehicles reached 515,811 as of May 31, 2024 SHANGHAI, June 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 May 2024 delivery results. NIO delivered 20,544 vehicles in Ma ...

Chinese electric vehicle (EV) producer Nio (NYSE:NIO) is scheduled to report earnings next week. Despite some high volatility, the company has performed well over the past month, although NIO stock remains down significantly for the past two quarters.The threat of tariffs imposed by the U.S. government has cast some dark shadows over NIO stock recently. But as shares rise on pre-earnings momentum, investors are likely considering an important question: Is this former EV winner on the verge of a comeback, or ...

NIO Inc. (NIO) is slated to release first-quarter 2024 results on Jun 6, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 31 cents and $1.48 billion, respectively.The consensus estimate for NIO’s loss per share has widened by 3 cents in the past 90 days. Its bottom-line estimates imply an increase of 26.19% from the year-ago reported number. Revenues indicate a year-over-year decline of 4.65%. Over the trailing four quarters, it surpa ...

Two key attributes that I often look for in companies when deciding whether to invest in them are points of differentiation and competitive advantages. Points of differentiation distinguish companies from their competitors. Some of these points result in competitive advantages that enable firms to gain market share. Ultimately, market share gains frequently result in higher profits. Finally, stock prices usually rise because of higher profits. Both Tesla (NASDAQ:TSLA) and Apple (NASDAQ:AAPL) made products t ...

The next step in electric vehicle (EV) battery innovation may come from China. As China’s EV market booms, the economic powerhouse is focused on the batteries to power the industry. According to recent reports, China’s government is at work on a state-sponsored project that will invest 6 billion yuan ($830 million) in solid-state battery production.So far, China has selected six companies to receive state funding as part of this initiative. This means a boost for several Chinese EV stocks. But it could also ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

NIO Inc. (NIO) continues to expand its presence in Europe despite regulatory and higher tariff threats from the European Union (EU).Per William Li, the founder, chairman and CEO of NIO, in case the EU substantially raises the tariff, the carmaker will make a reasonable business decision. It would delay or cancel the launch of its new mid-range and future entry-level models in Europe.The company recently opened its new showroom called NIO House Amsterdam, which is the carmaker's largest NIO House in Europe. ...

Nio (NYSE:NIO) stock has experienced a recent surge in its stock price, commonly referred to as a ‘’dead cat bounce.’’ This temporary rebound follows a significant decline, often misleading investors into believing a reversal is underway.Astute investors should divest all their Nio holdings now. The company’s 2024 challenges threaten its long term growth prospects. Nio shareholders can expect lower share prices and their international expansion plans and profitability are unlikely to materialize.  Fierce Co ...

SHANGHAI, China, May 24, 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 published a notice to announce that it will hold an annual general meeting (the "AGM") of shareholders (the "Notice of AGM") at 10:30 am, Beijing time, on June 25, 2024 at Building 19, No. 1355, Caobao Road, Minhang District, Shanghai, People's Republic of China, for the purposes of considering and, if thou ...

SHANGHAI, China, May 24, 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 published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “Notice of AGM”) at 10:30 am, Beijing time, on June 25, 2024 at Building 19, No. 1355, Caobao Road, Minhang District, Shanghai, People’s Republic of China, for the purposes of considering and, if thoug ...