NIO Inc. Provides November 2024 Delivery Update
NIO November Deliveries Rise 29%
November electric vehicle delivery report: BYD's electric vehicle sales exceeded 0.5 million, Xiaopeng broke through 0.03 million for the first time, and Chongqing Sokon Industry Group Stock saw a year-on-year sales growth of 54.58%.
Last month, the delivery volume of the Xiaomi SU7 continued to exceed 20,000 units, and Xiaomi expressed confidence in achieving the new delivery target of over 130,000 units for the year.
Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.
①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.
In November, China's heavy truck market sales increased by 0.071 million units, up 7% month-on-month, ending five consecutive declines.
According to the preliminary data obtained by the First Commercial Vehicle Network, in November 2024, China's heavy truck market sold approximately 0.071 million vehicles in total (wholesale basis, including exports and new energy), a 7% increase from October, basically flat compared to the same period last year's 0.0711 million vehicles.
Chinese EV Demand Sets Record. December Should Be Huge. -- Barrons.com
NIO-SW (09866.HK) delivered 20,575 autos in November, a 28.9% year-on-year increase.
GLEEHOO December 1st | The pioneer and leader in the global electric vehicle market in December 2024, NIO Group (NYSE: NIO; HKEx: 9866; SBNY: NIO) ("NIO" or "the Company") announced its delivery results in November 2024. The company delivered 20,575 autos in November 2024, an increase of 28.9% year-on-year. The deliveries included 15,493 high-end smart electric vehicles under the NIO brand and 5,082 family smart electric vehicles under the LEdo brand owned by the company. As of November 30, 2024.
Nio Ramps up Car-buying Promotions as It Eyes Higher Sales in Dec
NIO Reports 20,575 Vehicle Delivery in November
NIO Inc. Achieves Strong Growth in Vehicle Deliveries
Express News | NIO Inc - 190,832 Vehicles Were Delivered Year-to-Date in 2024, Increasing by 34.4% Year-Over-Year
Huatai's outlook for the autos industry in 2025: Policy support, brands seeking progress, technology as the offensive.
It is expected that the market for mid-to-high-end vehicles will continue to improve by 2025, and there is a bullish outlook for Hongmeng and others.
Top Gap Ups and Downs on Friday: MUFG, UBS, SMFG and More
NIO Inc Options Spot-On: On November 29th, 110.95K Contracts Were Traded, With 3.37 Million Open Interest
NIO Inc. (NIO): A Bear Case Theory
Express News | Exclusive-Mercedes-Benz to Use Momenta Software in 4 Car Models in China: Sources
CICC gives NIO (09866) an "outperform industry" rating, stating an expectation for delivery to surge and a stronger product cycle ahead.
In the interview that day, Li Bin, founder of 180 Popular Science, and Wang Honghao, the founder of CarStyling china, as well as the well-known technology blogger and founder of "Chaos Book" Pan Luan, discussed the original intention of founding NIO and the next actions that the company should focus on.
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
Major bank rating | DBS Bank: NIO autos expected to achieve stronger profitability Target price raised to 65 Hong Kong dollars
DBS Bank analyst Rachel Miu wrote in a report that with the potential increase in sales of the new Onvo L60 model and the accelerated overseas expansion, NIO may achieve stronger earnings. Miu stated that Onvo L60 sold 832 units in the first month, with sales expected to increase for the remainder of the year. In addition, NIO's expansion into the Middle East and North Africa through a joint venture agreement may further boost the company's sales. DBS Bank maintains a buy rating on the stock and raises its target price from HK$57 to HK$65.
Nio Likely to Deliver Stronger Earnings on Sales, Overseas Expansion -- Market Talk