Shares of Nio Inc. NIO, +1.57% jumped 3.4% in premarket trading Tuesday, as investors appeared to cheer the China-based electric vehicle maker’s Nio Day 2023 held over the weekend. At Nio Day in Xi’an, China, the company unveiled on Saturday its new four-seater ET9 EV, with deliveries expected to start in the first quarter of 2024. The stock has rallied 15.8% month to date, putting it on track to snap a four-month losing streak in which it tumbled 52.5%. It has shed 13.6% year to date, while the iShares MS ...

Andy Feng In light of a news release by electric vehicle company NIO Inc. (NYSE:NIO), relating to a major strategic equity investment of CYVN Holdings, NIO’s fundamental and chart situation has greatly improved. The news caused NIO’s stock price to increase by only 5% after NIO disclosed this investment, but the stock is gathering strength for a potential breakout above the 200-day moving average line. I think the deal is very significant for NIO as it is the first big deal that includes a major Middle ...

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ClearMotion, which makes road sensing software to improve suspension in vehicles, said it had secured a production order from global electric vehicle company NIO.The production order is for three million units of ClearMotion’s patented suspension technology which will be used to equip NIO NIO, +1.57% electric vehicles.ClearMotion was founded out of MIT and has locations in Boston in the U.S., Birmingham in the U.K., and Shanghai, China. The company’s software works by adapting the vehicle to the road surfac ...

It's been a bit of a roller coaster for early investors of the electric vehicle (EV) industry. There have been lofty goals to catch Tesla and harsh realities of the cash crunch that come with manufacturing low volume and expensive EVs.That said, the temptation of buying into a successful EV maker early is enticing, and if you are considering an investment in the Chinese electric vehicle (EV) maker Nio (NIO 1.57%), then last week brought two intriguing developments. Let's dig in.Cash infusionLet's start with ...

With the end of 2023 drawing near and 2024 about to begin, Chinese electric vehicle (EV) company Nio Inc. (NYSE: NIO) has had an eventful year, particularly in terms of its stock price movements that have seen it decline nearly 18% since the year’s turn but make significant progress in recent weeks.As it happens, Nio has faced a challenging landscape this year, demonstrated by a slowdown in demand and production growth, increased competition, and other negative developments, leading the price of the EV manu ...

NIO Inc. (NYSE:NIO) Q3 2023 Earnings Conference Call December 5, 2023 7:00 AM ET Company Participants William Li - Founder, Chairman and Chief Executive Officer Steven Feng - Chief Financial Officer Stanley Qu - Senior Vice President of Finance Conference Call Participants Tim Hsiao - Morgan Stanley Nick Lai - JPMorgan Yuqian Ding - HSBC Ming-Hsun Lee - Bank of America Paul Gong - UBS Cheng Jing - CICC Jason Getz - Mizuho Securities USA Operator Hello, ladies and gentlemen, thank you for standing by for NIO ...

Exhibit 99.1 NIO Inc. Reports Unaudited Third Quarter 2023 Financial Results Quarterly Total Revenues reached RMB19,066.6 million (US$2,613.3 million) Quarterly Vehicle Deliveries were 55,432 units SHANGHAI, China, December 5, 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. Operating Highlig ...

NIO Inc. (NYSE:NIO) Q2 2023 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Eve Tang - Capital Markets William Li - Founder, Chairman and Chief Executive Officer Steven Feng - Chief Financial Officer Stanley Qu - Senior Vice President of Finance Conference Call Participants Bin Wang - Credit Suisse Tim Hsiao - Morgan Stanley Yuqian Ding - HSBC Jeff Chung - Citi Ming-Hsun Lee - Bank of America Paul Gong - UBS Jing Chang - CICC Edison Yu - Deutsche Bank Operator Hello, ladies and gent ...

Exhibit 99.1 Reconciliation between U.S. GAAP and International Financial Reporting Standards The Company's consolidated financial statements for its primary listing in the United States are prepared in accordance with the accounting principles generally accepted in the United States of America (the "U.S. GAAP"). As a secondary listed issuer of the Hong Kong Stock Exchange, the Company is required to include a reconciliation statement in our annual financial statements starting from the first full financial ...