NIO NIO Inc. USD OV
- 4.510
- -0.130-2.80%
NIO Inc. USD OV News
What's Going On With Tesla's Chinese Rival NIO Stock Today?
Nio to Open Its 1st Nio House in UAE on Nov 28
[Brokerage Focus] swhy maintains a 'Neutral' rating on NIO (09866), indicating that the gross margin for the initial sales ramp of the L60 model is relatively low.
Jingwu Financial News | swhy issued a research report indicating that NIO (09866) disclosed its Q3 2024 report, achieving total sales of 0.149 million vehicles in the first three quarters, +35.7% year-on-year; total revenue of 46.03 billion yuan, +19.5% year-on-year; gross margin of 9.1%, +4.5 percentage points year-on-year; net income attributable to the parent -15.53 billion yuan, a year-on-year reduction in loss of 0.03 billion yuan. In 24Q3, total sales reached 0.062 million vehicles, +11.6% year-on-year and +7.8% month-on-month; total revenue was 18.67 billion yuan, -2.1% year-on-year and +7.0% month-on-month; gross margin was 10.7%, +2.7 percentage points year-on-year and +1.0 percentage points month-on-month.
Onvo President Reiterates Confidence of Delivering Over 10,000 Units in Dec
[Brokerage Focus] Citi points out that the retail sales of new energy autos in China are stable, and the growth rate of plug-in hybrids and extended-range electric vehicles will be higher than pure electric ones.
Jinwu Financial News | Citibank's research reports indicate that retail sales of new energy fund vehicles in china are expected to grow by +31%/-41%/+25% quarter-on-quarter in the fourth quarter of 2024/first quarter of 2025/second quarter of 2025, with a more robust year-on-year growth of 66%/34%/26%. The year-on-year changes for internal combustion engine autos are -4%/-39%/-42%. This is mainly due to 1) the shift in consumer behavior in china towards advanced driver-assistance systems (ADAS) and relatively inexpensive plug-in hybrid vehicles with lower operation costs compared to internal combustion engine autos.
U.S. stocks closed: The Dow and S&P reached all-time highs, while general motors plunged nearly 9%.
① Most technology giants rose, only Tesla fell; ② Eli Lilly and Co rose by 4.5%, as Biden proposed health insurance coverage for weight loss drugs; ③ The Chinese concept stock Jinlong Index fell by 0.8%, Nio fell by 7.7%; ④ Apple proposed to increase investment by 0.1 billion US dollars to seek to lift the sales ban, but was rejected by the Indonesian government.
NIO Inc Options Spot-On: On November 26th, 224.81K Contracts Were Traded, With 3.28 Million Open Interest
Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading
What's Going On With NIO Stock Today?
Nio (NIO) Is Looking to Bounce Back After Q3 Mixed Results
Tariff risks raise concerns! The three major indices in the Hong Kong stock market show mixed performance, with cryptos concept stocks leading the decline.
What is the reason for the rise of jiangsu lopal tech.? Is there any improvement in short selling in the Hong Kong stock market?
Market Chatter: NIO Expects Profit, Double Sales in 2026
Market Chatter: BYD, Nio Deny Acquisition, JV Deals; Nio's Hong Kong Shares Fall 6%
[Brokerage Focus] Goldman Sachs cuts NIO (09866) target price by 21%, rating downgraded to "Sell", pointing to intensified competition in the first quarter of next year.
Goldman Sachs released research reports, stating that NIO (09866) will launch a limited number of new models in 2025. Due to only one new model being introduced, combined with management's focus on the 2025 gross margin target guidance of 15%-20%, Goldman Sachs predicts that NIO's sales volume will increase by 5% in 2025, from 0.201 million vehicles in 2024 to 0.21 million vehicles. In addition, Onvo's production growth is slow, which will put the group at a disadvantage in 2025, and competition may intensify starting from the first quarter of next year. Furthermore, as NIO continues to expand the sales network of the Onvo brand, the bank estimates marketing expenses.
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
Citic Securities: The circle of swapping batteries is gradually expanding, and the industry may usher in new development opportunities.
Citic sec released a research report stating that compared to charging, battery swapping is a more efficient refueling method, while also having multiple advantages such as high safety and user-friendliness.
NIO Stock Got a Downgrade. Goldman Has This Laundry List of Woes
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
NIO Inc Options Spot-On: On November 25th, 198.33K Contracts Were Traded, With 3.39 Million Open Interest
Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.
① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.
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