Nio Inc. Stock Price, News & Analysis

NIO (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading company in the global smart electric vehicle market, has announced the filing of its 2024 annual report on Form 20-F with the Securities and Exchange Commission for the fiscal year ended December 31, 2024.

The annual report is accessible through the company's investor relations website at ir.nio.com. NIO will provide shareholders and ADS holders with free hard copies of the annual report, which includes audited consolidated financial statements, upon request through their Investor Relations Department in Shanghai.

NIO has successfully completed an equity placement of 136,800,000 class A ordinary shares, raising HK$4,030.13 million through an offering priced at HK$29.46 per share. The placement was conducted through Morgan Stanley Asia, UBS AG Hong Kong, China International Capital Hong Kong Securities, and Deutsche Bank AG Hong Kong Branch as placing agents.

The shares were sold exclusively to non-U.S. persons in offshore transactions under Regulation S of the Securities Act of 1933. These shares have not been registered under the Securities Act or any state securities laws, nor in Hong Kong or elsewhere, restricting their sale or offer in the United States.

NIO reported strong delivery growth in March 2025, with 15,039 vehicles delivered, representing a 26.7% year-over-year increase. The deliveries included 10,219 vehicles from NIO's premium smart electric vehicle brand and 4,820 vehicles from the family-oriented ONVO brand.

For the first quarter of 2025, NIO delivered 42,094 vehicles, marking a significant 40.1% year-over-year growth. The company's cumulative deliveries reached 713,658 vehicles as of March 31, 2025.

Additionally, NIO began deliveries of its new smart electric executive flagship model, the ET9, in late March 2025. The ET9 showcases NIO's full-stack technologies and industry-leading innovations, setting a new benchmark in the executive smart electric vehicle segment.

NIO has announced the pricing of its upsized HK$4,030.13 million offering, consisting of 136,800,000 class A ordinary shares at HK$29.46 per share. The placement is expected to close around April 7, 2025.

The shares will be offered to non-U.S. persons in offshore transactions under Regulation S. Morgan Stanley Asia, UBS AG Hong Kong, China International Capital Hong Kong Securities, and Deutsche Bank AG Hong Kong have been appointed as placing agents.

The company plans to utilize the net proceeds for research and development of smart electric vehicle technologies and new products, strengthening its balance sheet, and general corporate purposes.

NIO has announced plans to offer up to 118,793,300 Class A ordinary shares through an Equity Placement in offshore transactions outside the United States. The shares will be offered exclusively to non-U.S. persons under Regulation S of the Securities Act of 1933.

The company intends to use the proceeds for:

• Research and development of smart electric vehicle technologies and new products
• Strengthening its balance sheet
• General corporate purposes

The Placement Shares will not be registered under the Securities Act or any state securities laws, nor in Hong Kong or Singapore. They cannot be offered to U.S. persons or members of the public in Hong Kong or Singapore. The completion of the Equity Placement remains subject to market conditions and other factors.

NIO reported its Q4 and full year 2024 financial results, with quarterly total revenues reaching RMB19,703.4 million (US$2,699.4 million). Vehicle deliveries hit 72,689 units in Q4 2024, up 45.2% year-over-year, including 52,760 NIO-branded and 19,929 ONVO-branded vehicles.

For full year 2024, total deliveries reached 221,970 units, representing a 38.7% increase from 2023. The company's vehicle margin improved to 13.1% in Q4 2024, compared to 11.9% in Q4 2023. However, net loss widened to RMB7,111.5 million in Q4 2024, a 32.5% increase year-over-year.

NIO maintained leadership in China's BEV market for vehicles priced over RMB300,000 with 40% market share. The company's cash position stood at RMB41.9 billion (US$5.7 billion) as of December 31, 2024.

NIO, a leading global smart electric vehicle company, has scheduled to release its unaudited financial results for Q4 and full year 2024 on March 21, 2025, before U.S. markets open.

The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong/Singapore Time) on the same day. Investors can access the live and archived webcast through NIO's investor relations website, while those preferring dial-in participation must register in advance.

NIO reported strong delivery performance in February 2025, with 13,192 vehicles delivered, marking a 62.2% increase year-over-year. The deliveries included 9,143 vehicles from NIO's premium smart electric vehicle brand and 4,049 vehicles from ONVO, their family-oriented brand.

Year-to-date deliveries reached 27,055 vehicles, showing a 48.8% growth compared to the previous year. The company's cumulative deliveries totaled 698,619 vehicles as of February 28, 2025.

During the Chinese New Year holiday period (January 22 to February 5, 2025), NIO's power network demonstrated robust performance with over 1.7 million battery swaps completed. The busiest station handled up to 180 swaps per day, with more than 80% of highway energy replenishment achieved through power swaps. Additionally, over 21,000 flexible battery upgrades were provided to enhance long-distance travel experience.

NIO reported its January 2025 delivery results, achieving 13,863 vehicle deliveries, marking a 37.9% increase year-over-year. The deliveries were split between two brands: 7,951 vehicles from NIO's premium smart electric vehicle line and 5,912 vehicles from ONVO, their family-oriented brand. The company's cumulative deliveries reached 685,427 vehicles as of January 31, 2025.