NIO Inc. Stock
€3.71
Your prediction
Description NIO
NIO is a Chinese electric vehicle manufacturer that was founded in 2014. The company specializes in the manufacture and sale of premium electric vehicles, including electric SUVs and sedans.
NIO is headquartered in Shanghai, China and has operations in various locations including the United States, the United Kingdom, Germany, and Hong Kong. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol NIO.
NIO has gained popularity in recent years because of its innovative and sustainable approach to manufacturing electric vehicles. The company has also won several accolades, including the best start-up award at the Frankfurt Motor Show. NIO's mission is to create a better lifestyle for their customers by providing eco-friendly and high-performance premium vehicles.
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Competitors of NIO
NIO, Inc. is a Chinese electric vehicle manufacturer and a leading player in the growing market of electric vehicles. Its main competitors in the EV market include both international and domestic players. Some of the most important competitors of NIO are:
1. Tesla: Tesla is one of the biggest and most well-known competitors of NIO in the EV market. Tesla’s electric vehicles are known for their high-quality design, performance, and safety features. Tesla’s market share in the EV market is substantial and it has a significant advantage in branding and customer loyalty.
2. BYD: BYD is a Chinese manufacturer of electric vehicles and battery products. It is one of the largest EV makers in China and is growing rapidly. The company has a diversified electric vehicle portfolio and is known for its high-quality batteries, which power many electric vehicles globally.
3. Xpeng: Xpeng, known as Xiaopeng Motors, is a Chinese electric vehicle start-up that designs and manufactures intelligent EVs. Xpeng focuses on creating high-performance, efficient and environmentally friendly EVs. The company has ambitious plans to expand its business both in China and overseas.
4. Li Auto: Li Auto is a Chinese manufacturer of electric SUVs. The company focuses on developing electric vehicles with longer driving ranges, which appeal to consumers in the Chinese market. It also offers a range-extender option that uses gasoline to charge the battery, making it more practical for consumers who need to drive long distances.
5. General Motors: General Motors is one of the biggest and most established players in the global auto industry. The company is expanding its presence in the EV market with the launch of the Chevrolet Bolt EV, the Cadillac Lyriq, and the GMC Hummer EV. General Motors also has a significant advantage in manufacturing and distribution networks around the world.
Suppliers of NIO
NIO is a Chinese-based electric vehicle (EV) manufacturer that is listed on the New York Stock Exchange (NYSE) since September 2018. As an automaker, NIO sources its raw materials from various suppliers, which play a crucial role in the company's supply chain.
One of the most important suppliers for NIO is Contemporary Amperex Technology (CATL), a Chinese battery cell maker that produces lithium-ion battery cells, modules, and packs. NIO sources its batteries from CATL, which supplies the automaker with battery cells to power its electric vehicles.
Another critical supplier for NIO is Bosch, a German multinational engineering and technology company that provides various electronic components and systems to the automaker. Bosch supplies NIO with advanced driver-assistance systems (ADAS), which include radar, sensors, and cameras that help detect obstacles and enable autonomous driving.
Other key suppliers for NIO include LG Electronics, which supplies NIO with several components, including infotainment systems, digital displays, and other electrics; Magna International, a Canadian-based automotive supplier that provides NIO with various engineering, design, and manufacturing services; and GAC Group, a Chinese-based automaker that partners with NIO to manufacture its vehicles in China.
In summary, NIO relies on several key suppliers for its electric vehicles, including battery makers, component suppliers, and manufacturing partners. These suppliers play a crucial role in NIO's supply chain, helping the automaker to produce high-quality electric vehicles and meet the demands of its customers.
Financial data and news for NIO
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Financials
News
The Electric Vehicle Market Just Made a Sudden Turn
The wave in electric vehicles has made a sudden turn. The U.S. is looking to support its car manufacturers and protect them from foreign competition to realize the real value these companies
Can NIO Succeed Where Rivals Have Failed? So Far, So Good.
NIO (NYSE: NIO), a leading Chinese electric vehicle (EV) manufacturer, is putting a smile on investors' faces as the company is hitting two birds with one stone. The company is succeeding where
Why Nio Shares Tumbled Today
American depositary shares of Chinese electric-vehicle (EV) maker Nio (NYSE: NIO) plunged Thursday after the company announced its July monthly delivery results. Those results weren't bad, but
Why Nio Stock Plunged 54% in the First Half of 2024, but Could Recover
While most electric vehicle (EV) stocks had a rough start to 2024, Nio (NYSE: NIO) is among the worst-performing EV stocks of the year so far. Shares of the Chinese EV maker plunged 54.1% in the
Nio's Global Growth Hits a Big Roadblock
Nio's (NYSE: NIO) stock has declined nearly 60% over the past 12 months and trades almost 30% below its IPO price. The Chinese electric vehicle (EV) maker ran out of juice as its deliveries slowed
Great News for Nio Stock Investors
Fool.com contributor Parkev Tatevosian discusses what the news could mean for Nio (NYSE: NIO) stock investors.
*Stock prices used were the afternoon prices of July 5, 2024. The video was published
Why EV Stocks Plunged in June
June 2024 was a rough month for unprofitable electric vehicle (EV) stocks. We saw Fisker file for bankruptcy with a plan to liquidate assets, not restructure in hopes of keeping the business alive
Nio Stock Investors Have Reasons to Cheer as Sales Jump Higher
Fool.com contributor Parkev Tatevosian discusses what the news could mean for Nio (NYSE: NIO) stock investors.
*Stock prices used were the afternoon prices of June 9, 2024. The video was published
Why Is Everyone Talking About Nio Stock?
Fool.com contributor Parkev Tatevosian details why investors are discussing Nio (NYSE: NIO) stock.
*Stock prices used were the afternoon prices of June 8, 2024. The video was published on June 10
Nio Stock Analysis: 2 Things Investors Should Know
Fool.com contributor Parkev Tatevosian highlights two factors for Nio (NYSE: NIO) stock investors to consider.
*Stock prices used were the afternoon prices of June 8, 2024. The video was published
Look Out, Tesla, Nio Is Coming for Your Lunch
Fool.com contributor Parkev Tatevosian discusses what the increasing competition means for Nio (NYSE: NIO) and Tesla (NASDAQ: TSLA) stock investors.
*Stock prices used were the afternoon prices of
Massive News for Nio Stock Investors
Fool.com contributor Parkev Tatevosian highlights the latest developments for Nio (NYSE: NIO) stock investors.
*Stock prices used were the afternoon prices of June 7, 2024. The video was published
What's Going on With Nio Stock?
Fool.com contributor Parkev Tatevosian discusses the latest developments for Nio (NYSE: NIO).
*Stock prices used were the afternoon prices of June 6, 2024. The video was published on June 8, 2024.
Is Nio Stock a Buy?
Nio (NYSE: NIO) posted its first-quarter earnings report on June 6. The Chinese electric vehicle (EV) maker's revenue dropped 7% year over year to 9.91 billion yuan ($1.37 billion) and missed
Should You Buy Nio Stock on the Dip?
Fool.com contributor Parkev Tatevosian answers if Nio (NYSE: NIO) stock is a buy at this lower valuation.
*Stock prices used were the afternoon prices of June 5, 2024. The video was published on
Why Nio Stock Slumped This Week but Could Rebound
Shares of Chinese electric vehicle manufacturer Nio (NYSE: NIO) got a much-needed breather in May after a dismal start to 2024, but the recovery has only lasted so long. The electric vehicle (EV)
What Is Going On With Nio Stock?
In this video, I will talk about Nio (NYSE: NIO), the recent delivery, and its earnings report.
*Stock prices used were from the trading day of June 6, 2024. The video was published on June 6, 2024.
Nio (NIO) Q1 2024 Earnings Call Transcript
Image source: The Motley Fool.
Nio (NYSE: NIO)Q1 2024 Earnings CallJun 06, 2024, 8:00 a.m. ET
Operator
Source Fool.com
Why Nio Stock Plunged Thursday
First-quarter earnings were released today by Chinese electric vehicle (EV) maker Nio (NYSE: NIO). The company lost slightly more than the market anticipated on sales that also disappointed
Will Nio Be Worth More Than Tesla by 2050?
When Chinese electric vehicle (EV) maker Nio (NYSE: NIO) went public in September 2018, it seemed like an interesting alternative to investing in Tesla (NASDAQ: TSLA). Nio was growing rapidly and
Should You Buy Nio Stock Before June 6?
Fool.com contributor Parkev Tatevosian previews Nio's (NYSE: NIO) upcoming earnings release.
*Stock prices used were the afternoon prices of May 25, 2024. The video was published on May 27, 2024.
Nio Stock No Longer a Sell, According to 1 Wall Street Analyst
Good news for Nio (NYSE: NIO) shareholders! For three long months, investment bank J.P. Morgan said the Chinese electric vehicle (EV) maker's stock was a sell.
But no longer.
On Wednesday, the
Why Nio Stock Is Climbing Today
Nio's deliveries rose more than 20% year over year in the first four months of 2024. Image source: Nio.
Shares of Chinese electric-vehicle (EV) maker Nio (NYSE: NIO) were moving higher on Monday as
Nio Stock: Buy, Sell, or Hold?
Nio's (NYSE: NIO) stock surged 12% on May 1 after the Chinese electric-vehicle maker posted its latest delivery numbers. In April, it delivered 15,620 vehicles, representing 135% growth from a year
Great News for Nio Stock Investors
Fool.com contributor Parkev Tatevosian discusses what the latest news could mean for Nio (NYSE: NIO) stock investors.
*Stock prices used were the afternoon prices of May 1, 2024. The video was