Net loss attributable to NIO’s ordinary shareholders in the third quarter of 2021 was RMB 2,858.9 million (US$443.7 million), representing an increase of 140.7% from the third quarter of 2020 and an increase of 333.6% from the second quarter of 2021.
Conference Call.
| United States: | +1-646-254-3697 |
|---|---|
| Conference ID: | 1595019 |
How much did NIO make in 2021?
Total revenues were RMB8,448.0 million (US$1,308.4 million) in the second quarter of 2021, representing an increase of 127.2% from the second quarter of 2020 and an increase of 5.8% from the first quarter of 2021.
How many cars did NIO make in 2021?
91,429 vehicles
NIO delivered 91,429 vehicles in 2021 in total, representing a strong increase of 109.1% year-over-year.
How much did NIO make?
NIO is a leader in the Chinese EV market which is large and growing. According to Mordor Intelligence, the market reached $98 billion in 2019 total revenue which it forecasted would grow at a 31% average annual rate through 2026. The Chinese government is helping to propel this growth.
Did NIO beat earnings?
NIO missed on earnings but beat on revenue
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Is NIO better than Tesla?
Tesla Is The Safer Bet
Overall, while Nio’s faster recent growth and unique innovations such as Battery as a Service (BaaS) – which allows customers to subscribe for car batteries, rather than paying for them upfront – are no doubt interesting, we think it remains a riskier investment compared to Tesla.
What is NIO price target?
Stock Price Targets
| High | $556.10 |
|---|---|
| Median | $319.81 |
| Low | $189.33 |
| Average | $330.30 |
| Current Price | $18.12 |
How many EVS did BYD sell in 2021?
603,782
For all of 2021, BYD, sold 603,782 new energy vehicles, compared with new 189,689 in 2020, an increase of 218% from a year earlier. For its success in the new energy transportation, China has become home to many of the world’s wealthiest businesspeople in the field.
Are NIO cars selling in China?
The overwhelming majority of NIO sales are in China, although in late 2021 the company started sales also in Norway (ES8 model).
Who sold the most electric cars in 2021?
Tesla
The Tesla Model 3 was the world’s most popular plug-in electric vehicle with worldwide unit sales of roughly 501,000 in 2021.
Best-selling plug-in electric vehicle models worldwide in 2021 (in 1,000 units)
| Characteristic | Sales in thousand units |
|---|---|
| – | – |
Is NIO overvalued 2021?
Despite a recovery in deliveries at the end of last year, the sell-off in high multiple stocks is still ongoing, and NIO remains overvalued.
Why did NIO drop so much?
Shares of Chinese electric-vehicle maker Nio ( NIO -3.72% ) opened sharply lower in U.S. trading on Monday amid a broad market sell-off triggered by rising global tensions and interest rate fears ahead of a key U.S. Federal Reserve meeting.
How much did NIO make last year?
Compare NIO With Other Stocks
| NIO Annual Revenue (Millions of US $) | |
|---|---|
| 2020 | $2,492 |
| 2019 | $1,124 |
| 2018 | $720 |
| 2017 | $ |
Is NIO a good stock to buy?
Now down 60% over the last 12 months, many analysts are saying shares are a screaming buy, especially after Nio announced a record-breaking 25,034 deliveries in the fourth quarter of last year. It also reported a record 91,429 delivered for all of 2021, which was a 109% increase from 2020.
What does NIO Limited do?
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans.
Where can I watch NIO earnings?
Fourth Quarter and Full Year 2020 Earnings Conference Call. A live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.nio.com/news-events/events.
Is Tesla buying NIO?
Oct. 10 — The largest investor in Tesla Inc. after Elon Musk has taken an 11.4 percent stake in a Chinese company aspiring to become an electric vehicle-making rival.
How much does NIO car cost?
The electric car is set to begin deliveries in September 2022, with pre-subsidy prices starting at 328,000 yuan ($51,250) for models that come with a battery.
How much is a NIO EC6?
Nio EC6 Pricing: The pre-subsidy price of Nio starts from 368,000 yuan (roughly $54,000), Nio said in July. The high-end model is priced at 526,000 yuan (around $77,000).
Who owns the most Nio stock?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Baillie Gifford & Co. | 6.63% | 88,858,365 |
| BlackRock Fund Advisors | 2.99% | 40,093,147 |
| The Vanguard Group, Inc. | 2.76% | 36,994,474 |
| SSgA Funds Management, Inc. | 2.45% | 32,887,731 |
Does Goldman Sachs own Nio stock?
(NIO) Stock Major Holders – Yahoo Finance.
Top Institutional Holders.
| Holder | Goldman Sachs Group Inc |
|---|---|
| Shares | 23,761,084 |
| Date Reported | Dec 30, 2021 |
| % Out | 1.77% |
| Value | 752,751,141 |
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