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NIO Inc. Announces Completion of US$1.16 Billion Equity Offering and Full Exercise of Underwriters' Option to Purchase Additional ADSs
Globenewswire· 2025-09-17 09:30
SHANGHAI, Sept. 17, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the completion of its US$1.16 billion offering (the “Equity Offering”) relating to a total of 209,090,918 Class A ordinary shares of the Company, which consists of (i) an offering of 160,823,190 American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company, (ii) an offe ...
Magna Awarded Vehicle Assembly Business With Chinese OEM XPENG
Globenewswire· 2025-09-15 06:00
New program marks the first Chinese automaker to localize production in Magna’s complete vehicle operations in EuropeMagna to assemble two fully electric vehicle modelsSerial production is set to begin in Q3 2025 AURORA, Ontario, Sept. 15, 2025 (GLOBE NEWSWIRE) -- As Chinese car manufacturers enter the European market, the need for localized production is growing. Today, Magna has announced that XPENG, a Chinese smart electric vehicle manufacturer, has selected the company to assemble two new models for the ...
NIO (NIO) Falls 8.9% on $1-Billion Share Sale
Yahoo Finance· 2025-09-11 06:19
We recently published 10 Stocks Melt Down in Hours. NIO Inc. (NYSE:NIO) is one of the worst performers on Wednesday. Shares of NIO Inc. fell by 8.92 percent on Wednesday to end at $5.72 apiece as investors unloaded positions following plans to raise $1 billion through an equity offering that could result in potential share dilution. In a statement, NIO Inc. (NYSE:NIO) said it would issue more than 181.8 million Class A shares, from the offer of American depositary shares (ADS) in the US and ordinary shar ...
NIO Inc. Announces Pricing of US$1 Billion Equity Offering
Globenewswire· 2025-09-10 13:16
SHANGHAI, Sept. 10, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its US$1 billion offering (the “Equity Offering”) relating to a total of 181,818,190 Class A ordinary shares of the Company, which consists of an offering of American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company (the “ADS Offering”), and an offeri ...
NIO Inc. Announces Proposed Equity Offering
Globenewswire· 2025-09-10 08:58
Core Viewpoint - NIO Inc. announced a proposed equity offering of up to 181,818,190 Class A ordinary shares, which includes American depositary shares (ADSs) and ordinary shares, to fund various strategic initiatives [1][3]. Group 1: Equity Offering Details - The equity offering consists of an ADS offering and an ordinary share offering, with allocation based on investor interest [1]. - Underwriters will have a 30-day option to purchase an additional 27,272,729 ADSs, which will be settled solely in ADSs if exercised [2]. - The offering will be conducted under the company's shelf registration statement on Form F-3, which became effective on May 21, 2024 [5]. Group 2: Use of Proceeds - The net proceeds from the equity offering will be used for research and development of core technologies for smart electric vehicles, development of future technology platforms and vehicle models, expansion of the battery swapping and charging network, strengthening the balance sheet, and general corporate purposes [3]. Group 3: Underwriters - Morgan Stanley Asia Limited, UBS Securities LLC, UBS AG Hong Kong Branch, and Deutsche Bank AG Hong Kong Branch are acting as representatives for the underwriters for the equity offering [4]. Group 4: Company Overview - NIO Inc. is a leading company in the global smart electric vehicle market, founded in November 2014, with a mission to shape a sustainable future through innovative technology and exceptional user experience [8]. - The company offers premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and high-end electric cars with the FIREFLY brand [8].
NIO Inc. Provides May 2025 Delivery Update
Globenewswire· 2025-06-01 08:30
Core Viewpoint - NIO Inc. reported strong delivery results for May 2025, indicating significant growth in the smart electric vehicle market [2][5]. Delivery Results - The company delivered 23,231 vehicles in May 2025, marking a year-over-year increase of 13.1% [2][5]. - Year-to-date deliveries reached 89,225 vehicles in 2025, reflecting a 34.7% increase compared to the same period last year [5]. - Cumulative deliveries totaled 760,789 vehicles as of May 31, 2025 [2][5]. Brand Performance - Deliveries included 13,270 vehicles from the premium smart electric vehicle brand NIO, 6,281 vehicles from the family-oriented brand ONVO, and 3,680 vehicles from the small high-end electric car brand FIREFLY [2]. Company Overview - NIO Inc. is a leading player in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [3]. - The company focuses on innovative technology and user experience, offering products under the NIO, ONVO, and FIREFLY brands [3].
NIO to Hold Annual General Meeting on June 25, 2025
Globenewswire· 2025-05-23 09:30
Core Viewpoint - NIO Inc. is set to hold its annual general meeting (AGM) on June 25, 2025, to consider a proposed resolution supported by the board of directors [1] Group 1: AGM Details - The AGM will take place at 10:30 a.m. Beijing time at a specified location in Shanghai [1] - Shareholders of record as of May 23, 2025, are entitled to attend and vote at the AGM [2] - Holders of American depositary shares (ADSs) must act through Deutsche Bank Trust Company Americas to exercise their voting rights [2] Group 2: Financial Reporting - NIO has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. SEC [3] - The Form 20-F includes audited financial statements and is accessible on both NIO's and the SEC's websites [3] Group 3: Company Overview - NIO Inc. is a leading player in the global smart electric vehicle market, founded in November 2014 [4] - The company aims to create a sustainable future with a mission of "Blue Sky Coming" and focuses on innovative technology and user experience [4] - NIO offers premium smart electric vehicles under its brand and has additional brands for family-oriented and high-end electric cars [4]
NIO Inc. Files Its 2024 Annual Report on Form 20-F
Globenewswire· 2025-04-08 21:09
Core Viewpoint - NIO Inc. has filed its 2024 annual report with the SEC, highlighting its position as a leader in the global smart electric vehicle market [1]. Company Overview - NIO Inc. is a pioneer in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future under the slogan "Blue Sky Coming" [3]. - The company focuses on innovative technology and user experience, designing, developing, manufacturing, and selling smart electric vehicles [3]. - NIO offers premium smart electric vehicles under its own brand, family-oriented smart electric vehicles through the ONVO brand, and small high-end electric cars under the FIREFLY brand [3]. Annual Report Details - The 2024 annual report includes audited consolidated financial statements and is available on the company's investor relations website [1]. - Shareholders and ADS holders can request a hard copy of the annual report free of charge [2].
NIO Inc. Announces Completion of HK$4,030 Million Offering of New Shares
Newsfilter· 2025-04-07 09:30
Core Viewpoint - NIO Inc. has successfully completed an equity placement of HK$4,030.13 million by offering 136,800,000 class A ordinary shares at an offering price of HK$29.46 per share, targeting non-U.S. persons in offshore transactions [1][2]. Company Overview - NIO Inc. is a leading company in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [5]. - The company focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and high-end electric cars with the FIREFLY brand [5]. Equity Placement Details - The equity placement involved the sale of 136,800,000 class A ordinary shares at HK$29.46 each, totaling HK$4,030.13 million [1]. - The placement was facilitated by Morgan Stanley Asia Limited, UBS AG Hong Kong Branch, China International Capital Corporation Hong Kong Securities Limited, and Deutsche Bank AG, Hong Kong Branch [2]. - The shares will not be registered under the Securities Act or any state securities laws, and cannot be offered or sold in the United States or to U.S. persons without an exemption [3].
NIO Inc. Announces Pricing of Upsized HK$4,030 Million Offering of New Shares
Globenewswire· 2025-03-27 13:16
Core Viewpoint - NIO Inc. has announced the pricing of an upsized offering of HK$4,030.13 million for 136,800,000 class A ordinary shares at HK$29.46 per share, aimed at enhancing its research and development capabilities in the smart electric vehicle sector [1][2]. Group 1: Offering Details - The offering consists of 136,800,000 class A ordinary shares priced at HK$29.46 each, totaling HK$4,030.13 million [1]. - The shares are being offered to non-U.S. persons in offshore transactions under Regulation S of the Securities Act [1]. - The expected closing date for the equity placement is around April 7, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the equity placement will be utilized for research and development of smart electric vehicle technologies and new products, as well as for strengthening the balance sheet and general corporate purposes [2]. Group 3: Company Overview - NIO Inc. is a leading company in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [5]. - The company focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand and other family-oriented and high-end electric vehicle brands [5].