Nio Inc. Stock Price, News & Analysis

NIO Inc. will report its first quarter 2022 unaudited financial results on June 9, 2022, before U.S. markets open. An earnings conference call will follow at 8:00 AM ET, with a live webcast available on the investor relations website. Participants can register for dial-in access, with a replay accessible by phone until June 16, 2022. NIO, a leader in the premium smart electric vehicle market, continues to innovate with advanced technologies including battery swapping and autonomous driving, supporting its mission to enhance user experiences.

NIO Inc. has announced its inclusion in the Hang Seng TECH Index and the Hang Seng Composite Index, effective June 13, 2022. This development highlights NIO's position as a leading player in the premium smart electric vehicle market and its strong growth potential in technology sectors. The Hang Seng TECH Index includes the 30 largest technology companies in Hong Kong, indicating significant recognition for NIO's business exposure to technology.

NIO has successfully listed its Class A ordinary shares on the Main Board of the Singapore Exchange, marking a significant milestone for the company. The shares, traded under the stock code 'NIO', are fully fungible with American depositary shares on the NYSE. Chairman William Bin Li emphasized the listing enhances NIO's global capital market presence. NIO also plans to establish a research center in Singapore focused on AI and autonomous driving, collaborating with local institutions to expand its R&D capabilities.

NIO Inc. has announced that its Class A ordinary shares will begin trading on the Singapore Exchange (SGX-ST) on May 20, 2022, pending necessary approvals. This follows the receipt of an eligibility-to-list letter from SGX-ST on May 5, 2022. Credit Suisse and Goldman Sachs are acting as joint issue managers for the secondary listing. NIO aims to strengthen its global presence in the premium smart electric vehicle market through this initiative.

NIO Inc., a leading player in the premium smart electric vehicle market, has announced a proposed secondary listing of its Class A ordinary shares on the Main Board of the Singapore Exchange. This move follows the receipt of a conditional eligibility-to-list letter from the SGX-ST on May 5, 2022. The company's American depositary shares will continue trading on the New York Stock Exchange. The shares listed in Singapore will be fully fungible with the ADSs traded in the U.S. An introductory document for the listing is expected to be issued later this month.

NIO Inc. (NYSE: NIO) has been provisionally identified by the SEC under the Holding Foreign Companies Accountable Act (HFCAA) as of May 4, 2022. This identification stems from its reliance on an auditor whose working papers are not fully inspectable by the PCAOB for the fiscal year ending December 31, 2021. If unresolved, this could lead to its shares being banned from trading in the U.S. NIO is exploring solutions and has recently completed a secondary listing on the Hong Kong Stock Exchange to safeguard stakeholder interests.

NIO delivered 5,074 vehicles in April 2022, comprising 4,381 premium SUVs and 693 ET7 sedans, totaling 30,842 vehicles year-to-date, reflecting a 13.5% year-over-year increase.

Cumulative deliveries reached 197,912 as of April 30, 2022. However, production has faced challenges due to supply chain issues and COVID-19 outbreaks in certain regions of China, although recovery is underway. Additionally, the company anticipates the ET5 deliveries to commence in September 2022.

NIO Inc. has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 29, 2022. The report is accessible on the company's investor relations website. Shareholders can request a hard copy of the audited financial statements free of charge by contacting the Investor Relations Department. Founded in 2014, NIO specializes in premium smart electric vehicles and is known for its innovative technologies, including battery swapping and autonomous driving.

NIO Inc. announced record-high quarterly deliveries, achieving 25,768 vehicles delivered in Q1 2022, marking a 28.5% year-over-year increase. In March alone, NIO delivered 9,985 vehicles, a rise of 37.6% year-over-year. The deliveries included the new ET7 sedan which began shipping on March 28, 2022. Cumulative deliveries reached 192,838 vehicles by March 31, 2022. NIO also plans to unveil upgraded models in May 2022 and continues to expand its network of power stations across China.