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NIO Inc. reported mixed results for Q4 2024, with revenue of 19.70 billion Chinese yuan ($2.70 billion), falling short of the $2.85 billion forecast, and an adjusted loss per share of 3.17 Chinese yuan ($0.43), slightly worse than the expected $0.42. However, vehicle deliveries surged 45.2% year-over-year to 72,689 units, and gross margin improved to 11.7%, up from 7.5% a year ago, signaling operational efficiency gains. NIO projects Q1 2025 deliveries to grow by 36.4% to 43.1% year-over-year, with revenue growth of 24.8% to 29.8%. The company maintained a 40% market share in China’s premium BEV market for vehicles priced over RMB300,000 in 2024, with its ONVO L60 model ranking among the top three in the BEV SUV segment priced between RMB200,000 and RMB300,000. NIO is also preparing to launch its Firefly model in April 2025, targeting the mass market and international expansion. Strategically, NIO partnered with CATL to advance battery-swapping technology, with CATL committing up to RMB 2.5 billion (~$346 million) to NIO Power. The company has built over 3,000 Power Swap Stations in China and plans further expansion by 2025. Despite these initiatives, analyst sentiment has turned cautious, with price targets lowered by Mizuho, JP Morgan, and Citigroup, reflecting concerns over profitability, asset utilization, and a high debt-to-equity ratio of 5.67. While NIO’s growth in deliveries and infrastructure expansion supports its long-term strategy, financial risks and muted analyst outlook highlight areas requiring attention.
Source content provided by Benzinga.
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Recent news for NIO

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What's Going On With NIO Stock On Tuesday?

NIO revealed that its advanced steer-by-wire system, featured in the ET9 executive sedan, has secured a key regulatory approval in Europe,

US Listed Chinese Stocks Rally As Countries Agree To Ease Import Tariffs

US-listed Chinese stocks gain as Beijing and Washington agree to temporarily lower tariffs. Alibaba, PDD, and Baidu led the way with strong momentum.

What's Going On With NIO Stock Today?

Nio shares edged up as the EV maker announced pre-orders for refreshed models and reported a 53% surge in April deliveries.

About NIO

Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous ... Read more

Ways to trade options* on NIO

Bullish Option Strategy: Long Calls

Traders buy a single call option on a stock or ETF. This strategy can benefit from a price increase while risking more capital than a spread.

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