NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries.
What products do NIO make?
The NIO ET7 receives the 2021 Red Dot award for high design quality
- Smart Electric Flagship Sedan.
- Smart Electric Coupe SUV.
- Smart Electric Flagship SUV.
- Smart Electric All-Round SUV.
- One of the World’s Fastest Electric Cars.
What type of cars does NIO make?
2021 Nio EC6
Heavily based on the ES6, NIO’s new SUV-coupé is for the boxier ES6 what the BMW X6 is to the X5, the Mercedes-Benz GLE Coupe to the GLE, the Porsche Cayenne Coupe to the Cayenne, you get the gist. Or, in NIO’s own words, a ‘young, dynamic and progressive’ car.
Is NIO a good stock to buy?
Even after its 2021 pullback, Nio has still been a top-performing stock overall in recent years. Investors buying the dip in Nio stock are still paying a more than 300% premium to the stock’s price two years ago. Nio is one of many stocks that have rallied on investor enthusiasm for EV investments.
What companies does NIO own?
NIO Power is the company’s network of battery swap stations, power mobile, power home and super chargers.
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.
What is NIO main source of funding?
NIO makes premium smart electric vehicles and provides charging solutions and other services. Vehicle sales generate the majority of the company’s revenue. NIO has lowered its vehicle delivery outlook for Q1 2021 due to production disruptions related to the global semiconductor shortage.
What is the best Chinese electric car?
Here’s the list of top 15 best-selling new energy passenger cars, including SUVs, in China for 2021:
- eQ (Chery)
- Benben EV (Changan)
- Aion S (GAC Motor spin-off)
- Ora Black Cat (Great Wall Motor)
- P7 (Xpeng)
- Tang (BYD)
- Ora Good Cat (Great Wall Motor)
- Nezha V (Hozon Auto)
Are Nio cars cheaper than Tesla?
According to CNBC, customers would then have to subscribe to Nio’s “battery-as-a-service” program, which costs about $140 a month. This ultimately means that Nio’s cars can be significantly cheaper than Tesla’s, which makes them very compelling to the average Chinese citizen.
Can you buy Nio cars in UK?
While prices for its American rival start at £78,000 in the UK, the ES8 is on sale in its homeland at the equivalent of £51,500.
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.
Can you buy a NIO car?
Users can buy Nio EVs without batteries for a lower price and “rent” batteries for a monthly fee. They also can swap car batteries based on their needs. In December, Nio installed its 700th battery swapping station in China and achieved 5.3 million battery swaps, up from 2.9 million in July.
Is NIO available in USA?
NIO’s current US headquarters is an 85,000 sq. ft. building located at 3200 N. First St., a two-minute drive away on the same block as its new location.
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 |
How much NIO stock does William Li own?
NIO is not owned by hedge funds. 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 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.
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).
What company manufactures the 12 million mile battery?
The firm’s battery supplier, Contemporary Amperex Technology, told Bloomberg that it is ready to produce rechargeable battery that lasts for 16 years or 1.24 million miles before it …
Does NIO make a profit?
Consensus from 21 of the American Auto analysts is that NIO is on the verge of breakeven. They expect the company to post a final loss in 2022, before turning a profit of CN¥2.1b in 2023. Therefore, the company is expected to breakeven roughly 2 years from now.
Does Chinese government support NIO?
During the worst of the pandemic, Nio got a $1.4 billion investment from the Hefei government, integrating it into the local supply chain. The deal made no economic sense, but it solved the scaling problem. Nio could focus on technology and marketing. The government aid sent Nio stock to the moon.
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