REAL TIME NET WORTH. Dubbed the “Elon Musk of China,” William Bin Li is the founder and chairman of Bitauto, a provider of web content for the auto industry. Li founded Shanghai-headquartered electric car maker Nio, which began taking orders for its first electric SUV in December 2017.
Who is NIO owned by?
The company’s CEO William Li is the largest shareholder with 10% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 8.5% and 5.7%, of the shares outstanding, respectively.
Is NIO owned by Chinese government?
The same Wall Street investors who shunned Tencent after the government cracked down now pound the table for Nio stock after a successful bailout. NIO stock remains tied to the Chinese economy as well as the government.
Does Elon Musk own NIO stock?
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. Baillie Gifford & Co.
Is NIO the Tesla of China?
But Shanghai-based Nio, sometimes called the Tesla of China due to its luxury designs, went on to deliver booming sales. Unlike Tesla (TSLA), Nio does not make its own electric cars, instead partnering with a state-owned auto manufacturer.
Who makes batteries for NIO?
WeLion New Energy Technology
NIO’s 150-kWh semi-solid-state battery supplier is Beijing-based WeLion New Energy Technology, also known as Solid State Lion, tech media outlet 36kr said today, citing sources familiar with the matter.
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 |
Who makes chips for NIO?
Several Chinese electric carmakers are turning to U.S. chip giant Nvidia to power their semi-autonomous driving systems, as they ramp up competition with Tesla in the world’s largest car market. Chinese start-ups Xpeng and Nio are using the Nvidia Drive Orin chip in their latest cars.
Will NIO enter US market?
NIO’s goal is to serve users in more than 25 countries and regions worldwide by 2025, including the United States, Western Europe, Australia and New Zealand.We have done it in a country as big as China, so there is no reason why we can’t do it in Europe or in the United States.
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.
Does Tencent hold NIO?
2021-03-04 – Tencent Holdings Ltd has filed an SC 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 164,249,629 shares of Nio Inc (US:NIO). This represents 11.47 percent ownership of the company.
What is Nio price prediction?
According to 26 analysts, a 12-month forecast for Nio Inc. (NYSE: NIO) is a low of $33.02 and a high of $87.51. The median forecast is $55.18.
Is NIO merging with Sinopec?
Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation (NYSE: SNP), or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpost reported Monday.
Who is making the million mile battery?
A research paper released last September by Tesla-funded scientists at Canada’s Dalhousie University reported they’d created a million-mile battery in the lab. The team was led by Jeff Dahn, a major figure in lithium-ion battery research who began working with Tesla in 2016.
Where will NIO stock be in 5 years?
Based on our forecasts, a long-term increase is expected, the “NIO” stock price prognosis for 2027-02-26 is 94.635 USD. With a 5-year investment, the revenue is expected to be around +407.97%. Your current $100 investment may be up to $507.97 in 2027.
Is NIO big in China?
For the full year, NIO delivered 91,429 vehicles in 2021, up 109% compared with 2020. Even though XPeng delivered more cars in 2021, NIO has still delivered the most of the three over the company’s life. NIO has delivered more than 167,000 vehicles life to date.
Who are Nios suppliers?
The new battery-leasing company will be 25% owned by NIO and include Contemporary Amperex Technology Co , or CATL, (300750. China) as a partner. CATL is a major supplier of EV batteries, along with peers such as Panasonic (6752. Japan) and LG Chem (051910.
Where does NIO get its lithium from?
(OTC: MLNLF) said that China’s Contemporary Amperex Technology Co. Ltd. or CATL, a battery supplier to Tesla Inc. (NASDAQ: TSLA) and Nio Inc. (NYSE: NIO), has agreed to acquire the lithium mining company for about C$377 million ($297.3 million).
Where does NIO buy their batteries?
China’s Contemporary Amperex Technology Co Ltd, which supplies batteries to EV customers, including Tesla, Inc. (NASDAQ: TSLA) and NIO Inc.
Does JP Morgan own NIO?
2022-02-11 – Jpmorgan Chase & Co has filed a 13F-HR/A form disclosing ownership of 7,640,838 shares of Nio Inc (US:NIO) with total holdings valued at $242,062,000 USD as of 2021-12-31. Jpmorgan Chase & Co has a history of taking positions in derivatives of the underlying security (NIO) in the form of stock options.
What will NIO be in 2022?
Since last September, Nio has been selling its ES8 model in Norway as well. The company plans to expand into five more countries in Europe in 2022 and more than 25 countries worldwide by 2025. Also, this year management is launching two new models. The luxury sedan ET7, will be available for orders as of Jan.
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