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Business Upturn
11 hours ago
- Automotive
- Business Upturn
NIO Inc. Provides June and Second Quarter 2025 Delivery Update
By GlobeNewswire Published on July 1, 2025, 14:30 IST 24,925 vehicles were delivered in June 2025, increasing by 17.5% year-over-year 72,056 vehicles were delivered in the three months ended June 2025, increasing by 25.6% year-over-year Cumulative deliveries reached 785,714 as of June 30, 2025 SHANGHAI, July 01, 2025 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) ('NIO' or the 'Company'), a pioneer and a leading company in the global smart electric vehicle market, today announced its June and second quarter 2025 delivery results. The Company delivered 24,925 vehicles in June 2025, representing an increase of 17.5% year-over-year. The deliveries consisted of 14,593 vehicles from the Company's premium smart electric vehicle brand NIO, 6,400 vehicles from the Company's family-oriented smart electric vehicle brand ONVO, and 3,932 vehicles from the Company's small smart high-end electric car brand FIREFLY. The Company delivered 72,056 vehicles in the second quarter of 2025, representing an increase of 25.6% year-over-year. Cumulative deliveries reached 785,714 as of June 30, 2025. NIO's products have been highly recognized in the 2025 J.D. Power studies. The ET5 and ET5T ranked first among mid-size battery electric sedans in the China NEV-IQS study, while the EC6 claimed the top spot in the premium BEV segment in the China NEV-APEAL study. With superior product quality and exceptional user satisfaction, NIO has secured first place in its segment in J.D. Power's quality research for seven consecutive years since 2019. About NIO Inc. NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of 'Blue Sky Coming'. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand. Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the 'SEC'), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the 'SEHK') and the Singapore Exchange Securities Trading Limited (the 'SGX-ST'), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO's strategies; NIO's future business development, financial condition and results of operations; NIO's ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO's ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO's filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For more information, please visit: Investor Relations [email protected] Media Relations [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
03-06-2025
- Automotive
- Yahoo
NIO's May Deliveries Rise 13% Y/Y But Is That Good Enough?
Chinese electric vehicle (EV) maker NIO Inc. NIO delivered 23,231 vehicles in May, up 13.1% year over year. But the numbers tell a more mixed story on closer look. Deliveries were actually down from April's 23,900 units, and the May growth rate lagged April's 53% jump. The company now operates three EV brands: NIO, ONVO, and Firefly. The main NIO brand, which includes models like the ES6, ET5T, ES8, EC6, ES7, ET5, ET7, EP9, EVE, ET9, and EC7, saw deliveries drop 31% month over month to 13,270 units. That's a concern, given this lineup includes NIO's core premium offerings. Meanwhile, ONVO—NIO's mass-market brand—delivered 6,281 units, up 42% from April. Its first model, the L60 SUV, was launched last September and continues to be well received. Firefly, NIO's smaller premium EV brand, delivered 3,680 units in May, a sharp jump from just 230 in April when it began deliveries of its first model. ONVO and Firefly are gaining momentum, but their growth is seemingly coming at the cost of NIO's namesake brand. This raises concerns about how well NIO can manage and balance its brand portfolio. NIO has bold goals. It wants to double sales in 2025 from 221,970 units delivered last year. This translates into a monthly average run rate of 37,000 deliveries. Since the beginning of the year till May end, the company has delivered 89,225 vehicles—up 34.7% year over year, but still short of what's needed to hit that target. Li Auto LI delivered 40,856 units last month, up 16.7% year over year. The deliveries also improved from 33,939 vehicles sold in April. Not only did Li Auto's year-over-year growth rate in May come in better than NIO's but deliveries also rose month over month. Even in terms of absolute volumes, Li Auto fared better. Deliveries of the Li MEGA Home began in late May, with production ramping up quickly as orders have far surpassed expectations. XPeng Inc. XPEV delivered 33,525 smart EVs last month, marking a whopping 230% increase year over year. With that, XPeng's deliveries surpassed the 30,000 mark for the seventh straight month. However, the deliveries still declined from 35,045 units in April. On May 28, XPeng launched the MONA M03 Max. Shares of NIO have lost around 19% year to date compared with the industry's decline of 0.5%. Image Source: Zacks Investment Research From a valuation standpoint, NIO trades at a forward price-to-sales ratio of 0.46. It carries a Value Score of D. Image Source: Zacks Investment Research Take a look at how the Zacks Consensus Estimate for NIO's earnings has been revised over the past 90 days. Image Source: Zacks Investment Research NIO stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIO Inc. (NIO) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
26-05-2025
- Automotive
- Yahoo
NIO vs. TSLA: Which EV Stock Has More Charge for the Future?
For years, Tesla TSLA has been the face of the electric vehicle (EV) revolution. Today, it's still a giant, with a staggering $1 trillion market cap and a growing focus on technology — from robotaxis to artificial intelligence. But the road ahead isn't as smooth as it once seemed. Rising competition, shifting political dynamics, and missed or delayed timelines have taken some shine off Tesla's once-unshakable dominance. On the other hand, there is NIO, Inc. NIO — often dubbed the 'Tesla of China'— which has been on its own wild ride. The company's market cap might be a fraction of Tesla's, at just over some $8 billion, and it's still not profitable. However, it operates in China, the world's largest and most EV-friendly market. And while challenges remain, NIO seems to be inching forward with a clearer focus and renewed energy. No doubt, Tesla is aiming big and positioning itself more like a tech powerhouse than just a carmaker. But NIO is also doubling down on the EV game in a supportive domestic environment. With U.S. President Trump's tough stance on EVs and shifting investor expectations, the race is far from over. Shares of both Tesla and NIO have declined year to date, underscoring the cautious mood around EV stocks. Image Source: Zacks Investment Research Let's delve into the key drivers and challenges to assess which stock deserves a spot in your portfolio now. NIO may be a small player compared to global giant Tesla, but the Chinese EV maker is stepping up its game. Its growing vehicle lineup — including models like the ES6, ET5T, ES8, ET9 — is helping the company expand its footprint in the competitive electric vehicle landscape. But NIO isn't relying solely on its namesake brand to drive future growth. It has launched two sub-brands — ONVO, which targets the mainstream EV market, and Firefly, aimed at smaller premium vehicles. ONVO's first model, the L60, is already on the roads and receiving positive feedback. Two more ONVO vehicles, the L90 and a yet-to-be-named model, are set to hit the market later this year, potentially widening NIO's customer base. Firefly's first model commenced deliveries last month. In the first quarter of 2025, NIO delivered over 42,000 vehicles — a 40% jump year over year. Management aims to double deliveries in 2025, powered by new models and broader brand reach. The company's signature battery swap technology remains a key differentiator, with more than 3,200 stations and a new partnership with battery giant CATL to expand the network further. Vehicle margins are improving. The metric rose steadily through 2024, reaching 13.1% in the second half, and NIO is aiming for a 20% margin this year for its core brand. Still, challenges remain. NIO reported a net loss of more than $3 billion in 2024, and while management targets breakeven by the fourth quarter of this year, intense price competition in China and high operating costs pose a risk to that goal. Rising SG&A expenses and a stretched balance sheet—with shrinking cash reserves and high debt—add further pressure. Despite these hurdles, NIO's innovation, expanding portfolio, and access to China's massive EV market offer compelling reasons to watch the stock closely. Take a look at the consensus estimates for NIO's bottom line in 2025 and 2026. Image Source: Zacks Investment Research Tesla's journey from EV pioneer to tech powerhouse has hit a bumpy patch. Once the undisputed leader of the EV race, the company is now grappling with slowing growth in its core business. Deliveries are down, competition is fiercer than ever, and Tesla's once-fresh lineup is beginning to show its age. In the first quarter of 2025, Tesla delivered 336,000 vehicles—a 13% year-over-year drop. Amid escalating global tariffs and rising uncertainty around its China operations, the company chose not to reaffirm its earlier forecast of modest growth for the year and said it would revisit its 2025 delivery targets in the second-quarter update. Complicating matters is the growing discomfort around CEO Elon Musk's political strides, which raised doubts about his focus on the company's core operations. Nonetheless, its energy generation and storage segment, while still small, is gaining momentum and delivering higher margins than the EV business. Financially, Tesla remains strong. It ended the first quarter of 2025 with a hefty $37 billion in cash and a low debt-to-capital ratio of just 7%, giving it room to fund future bets. And those bets are big. Tesla is preparing to launch its first robotaxi service in Austin by next month—a move that could mark the company's most meaningful step into full autonomy yet. It's also building out the Cybercab, a two-seater self-driving vehicle expected in 2026, and continues to develop Optimus, its humanoid robot. These ambitious projects could define Tesla's next era. But they also come with high execution risk. For now, the company's challenge is to steady its EV business while proving that its big ideas can turn into big results. Whether that comeback begins in 2025 is the question investors are asking. Take a look at the consensus estimates for TSLA's bottom line in 2025 and 2026. Image Source: Zacks Investment Research At this stage, neither NIO nor Tesla appears to be a compelling buy. But if you're choosing between the two, NIO looks like the better name to keep on your radar in the near term. NIO shows some promise with improving vehicle margins and an expanding brand portfolio, though it remains unprofitable and faces stiff competition and financial constraints. Investors would be wise to wait for NIO's upcoming quarterly results next week to assess whether it can maintain its delivery guidance and continue margin progress. Tesla, meanwhile, is betting big on future tech with its robotaxi rollout. But with shares already up 35% in a month—reflecting much of the hype—this may be an opportune time for existing investors to book profits. It's best to stay on the sidelines until Tesla's robotaxi launch proves it can meet expectations. Tesla currently carries a Zacks Rank #5 (Strong Sell), while NIO has a Zacks Rank #3 (Hold).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report NIO Inc. (NIO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Automotive
- Yahoo
Is it Time to Snap Up NIO Stock While it's Still Trading Cheap?
NIO Inc. NIO, once hailed as the 'Tesla of China,' is now trading at just around $4 per share, down roughly 94% from its all-time high attained in 2021 and even below its 2018 IPO price of $6.26. For a company that once captured investor imagination with bold electric vehicle (EV) ambitions, the fall has been steep. In 2018, NIO's debut on the NYSE was met with considerable excitement. Fast forward to 2025, and the company is operating at a much larger scale with a wider vehicle lineup, new brand launches, and long-term plans still intact. Yet, the stock remains under pressure. So far in 2025, NIO shares have slipped nearly 8%. Meanwhile, domestic peers Li Auto LI and XPeng XPEV have surged 19% and 74%, respectively. XPeng, in particular, has gained traction thanks to its aggressive push into autonomous driving and robotics. Image Source: Zacks Investment Research From a valuation perspective, NIO currently trades at a forward price-to-sales ratio of 0.54, well below Li Auto's 1.1 and XPeng's 1.53. The market seems to be pricing in more risk for NIO despite its growth initiatives. That brings up a key question: Is the current discount an opportunity or a value trap? Image Source: Zacks Investment Research Let's delve into NIO's growth drivers and challenges to evaluate if investors should park their cash in the stock at this time. NIO's vehicle lineup includes ES6, ET5T, ES8, EC6, ES7, ET5, ET7, EP9, EVE, ET9 and EC7 models. In late March 2025, the company commenced delivery of the NIO ET9. But it's not just the namesake brand driving growth anymore. To tap into different segments of the EV market, NIO has launched two sub-brands: ONVO, targeting the mainstream market, and Firefly, aimed at smaller premium EVs. ONVO's first model, the L60, has already hit the market and is seeing a positive response. The brand's second model, the L90, is scheduled for delivery in the third quarter of 2025, followed by the launch of a third ONVO vehicle in the fourth quarter. Firefly's first model commenced deliveries last month. In April 2025, NIO delivered 23,900 vehicles, up 53% year over year. This included 19,269 units from the main NIO brand, 4,400 ONVO units and 231 Firefly vehicles. While the growth is encouraging, it still lags behind peers. Li Auto delivered 33,939 units last month, while XPeng saw 273% growth with 35,045 units. NIO expects to double its deliveries in 2025, driven by fresh models and expanded brand reach. One of NIO's standout innovations is its battery swap technology, allowing users to swap batteries in minutes instead of waiting to charge. With over 3,200 swap stations in place and a new partnership with CATL to build the world's largest battery swap network, NIO is doubling down on this unique selling point. On the margin front, things are moving in the right direction. Thanks to component cost reductions and better scale, vehicle margins have improved — from 9.2% in first-quarter 2024, to 12.2% in the second quarter to 13.1% in the third quarter and the fourth quarter each. For 2025, the company is targeting a vehicle margin of 20% for the NIO brand. Despite these operational improvements, NIO remains deep in the red. The company posted a net loss of more than $3 billion in 2024. Management expects these losses to narrow this year and has set an ambitious target to break even by the fourth quarter of 2025. Achieving breakeven would mark a major turnaround—but it won't be easy. China's EV market is highly competitive, with price wars putting pressure on all players. For NIO, hitting profitability amid these dynamics is still a big 'if.' There are also cost issues. In the last quarter of 2024, SG&A expenses jumped 22.8% year over year due to rising headcount and more aggressive sales efforts. This trend is expected to continue, potentially weighing on margins. On top of that, financial constraints are tightening. NIO's long-term debt-to-capital ratio stands at 0.76, well above the industry average of 0.27. And its cash reserves fell sharply, from RMB 32.9 billion in December 2023 to just RMB 19.4 billion a year later. This raises concerns around potential fundraising and possible shareholder dilution. NIO's growth story is still alive. Its push into new market segments with ONVO and Firefly, rising vehicle margins, and expanding battery swap network are all promising signs. If management can deliver on its breakeven target and scale up production efficiently, the stock could rebound over the long term. The Wall Street average target price for NIO indicates a 17% upside from the current levels. Image Source: Zacks Investment Research But right now, uncertainty around profitability, competitive pressure and a shrinking cash cushion make the stock a risky bet for new investors. For existing shareholders, holding on may still make sense given the long-term potential. But for those considering a fresh position, it might be wise to wait for stronger financial signals and execution milestones. NIO currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIO Inc. (NIO) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
