Latest news with #NIOET9
The Star
10-07-2025
- Automotive
- The Star
German auto parts giant strengthens tech ties with Chinese automakers
FRIEDRICHSHAFEN, Germany, July 10 (Xinhua) -- German auto parts giant ZF is intensifying its technology cooperation with Chinese automakers, the company said on Thursday. In a press release, ZF said it is benefiting from the increasing importance of chassis technology, driven by the future trends of e-mobility, software-defined vehicles, and automated driving. During its Chassis Tech Day, the company showcased its modular "Chassis 2.0" approach, which integrates smart actuators, system expertise, and software know-how to unlock new avenues for growth. Peter Holdmann, member of ZF's Board of Management and head of Division Chassis Solutions, said the company is targeting 33 percent of the global chassis technology market by the end of the decade. At the core of Chassis 2.0 is the industrialization of by-wire technologies, which have already been implemented in vehicles from Chinese brands. The NIO ET9 is the first mass-produced car in China equipped with ZF's pure steer-by-wire system. "This is a prime example of how Chinese and German companies can leverage their respective strengths for collaborative innovation," said Zhang Hui, vice president of NIO Europe. He added that China-Germany cooperation thrives on the agility and innovation capacity of Chinese firms, paired with the engineering, safety, and industrial expertise of German manufacturers. ZF also revealed that it has received two additional orders from Chinese automakers for its latest chassis technologies and has secured a contract with luxury carmaker Mercedes-Benz. The company has been doubling down on its investment in China, which has gone into a new R&D centre and 10 newly-built or expanded factories in the past two years. Today, nearly one-third of ZF's 161 global production sites are located in China.
Yahoo
29-05-2025
- Business
- Yahoo
NIO Stock Sinks Ahead of Q1 Earnings: Is This a Buying Opportunity?
China-based EV company NIO Inc. NIO is slated to release first-quarter 2025 results on June 3, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 22 cents a share on revenues of $1.71 billion. The loss estimate for the first quarter of 2025 has widened by 9 cents a share over the past 60 days. However, the bottom-line projection indicates an improvement from a loss of 36 cents reported in the year-ago period. The Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 24.5%. Image Source: Zacks Investment Research For 2025, the Zacks Consensus Estimate for NIO's revenues is pegged at $13.8 billion, implying a rise of 51.4% year over year. The consensus mark for the 2025 bottom line is pegged at a loss of $1.16 per share, indicating an improvement from a loss of $1.51/share incurred in 2024. In the trailing four quarters, NIO surpassed EPS estimates once and missed thrice, with the average negative earnings surprise being 11.24%. NIO Inc. price-eps-surprise | NIO Inc. Quote Our proven model does not conclusively predict an earnings beat for NIO this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. NIO has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) For the three months ended March 31, NIO delivered 42,094 vehicles, up 40.1% year over year and within its projected range of 41,000-42,000 vehicles. In late March 2025, the company commenced delivery of the NIO ET9, its smart electric executive flagship. NIO has expanded beyond its luxury lineup with the launch of a more affordable ONVO brand. In the quarter to be reported, deliveries of L60 — ONVO's first product — totaled 14,781 units. Revenues for the quarter to be reported are expected to have benefited from increased deliveries. However, it is likely to have been somewhat offset by pricing pressure, thanks to stiff competition in the EV landscape. Amid the volume ramp-up and cost optimization of components and supply chains, vehicle margins are on an upward trend. The metric grew from 9.2% in the first quarter of 2024 to 13.1% in the fourth quarter. Encouragingly, NIO targets a vehicle margin of around 20% for 2025. On the flip side, NIO has been struggling with operational inefficiencies for several quarters. In the last reported quarter, SG&A expenses rose 22.8% year over year. This trend is likely to have continued due to higher personnel costs and increased spending on sales and marketing. High operating expenses may have hurt profit margins. Investments in battery swapping stations and store expansion could have further strained cash flow and overall finances. On a year-to-date basis, shares of NIO have declined 15.8%, underperforming the industry as well as its close peers — Li Auto LI and XPeng XPEV. While Li Auto has risen 16% so far this year, XPeng's rally has been exceptionally remarkable thanks to its aggressive push into autonomous driving and robotics. From a valuation perspective, NIO currently trades at a forward price-to-sales ratio of 0.49, well below Li Auto's 1.1 and XPeng's 1.4. Image Source: Zacks Investment Research NIO is making bold moves in the electric vehicle (EV) space. With a growing lineup of stylish SUVs and sedans, the company is also expanding into new segments through its ONVO and Firefly brands. Management expects vehicle sales to double in 2025 from 2024, signaling strong confidence in its demand and product strategy. A major advantage for NIO is its battery swap technology, which offers faster refueling and convenience compared to traditional charging. The company has built over 3,200 swap stations and recently partnered with battery giant CATL to grow this network even further. However, the road to profitability remains steep. NIO posted a massive $3 billion net loss in 2024. While management aims to break even by the fourth quarter of 2025, achieving this will be tough in China's cut-throat EV market. Aggressive price competition is likely to hurt margins across the board. After seven straight days of share price declines, it may be tempting to see NIO as a bargain. But this isn't the right time to buy or sell. The company's future depends on how well it can manage costs, hit vehicle margin targets and boost efficiency. Current shareholders should stay patient, while new investors should wait for clearer signs of financial improvement before jumping in. NIO has strong long-term potential but the near-term outlook is clouded by market pressure and unproven profitability. 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
Yahoo
15-04-2025
- Automotive
- Yahoo
Boréas Technologies' Haptic Module Drives Industry-Breakthrough Touch in New NIO ET9
--The Boréas automotive haptic module in NIO ET9's center-console touch bar delivers crisp, context-sensitive tactile feedback to customers BROMONT, Québec, April 15, 2025--(BUSINESS WIRE)--Boréas Technologies — a pioneer in third-generation, piezo-based haptics for automotive, consumer and mobile applications — today announced that NIO, the global company for smart electric vehicles in the premium segment, has integrated Boréas' powerful automotive haptic module into TUI Bar, the touch area in NIO ET9. This makes NIO ET9, the company's Smart Electric Executive Flagship, the world's first tech-luxury EV to offer highly responsive, tactile feedback in an automotive infotainment system. "NIO ET9's TUI Bar touch area is a benchmark achievement in user interface design," said Felix Wu, Head of Digital Space Experience Team & Expert, Experience Manager in Digital Product Experience Department, NIO. "Enabled by Boréas' automotive haptic module, it's an ultra-responsive, richly textured platform that enhances the overall feeling of luxury you experience when you're driving NIO ET9. "Instead of using older LRA technology, which produces a mushy tactile sensation at best, NIO's TUI Bar uses Boréas' piezo haptic technology to best advantage, rendering crisp and reassuring touch feedback that rapidly confirms driver-selected functionality through an elegant touch interface," added Mr. Wu. "NIO is the worldwide leader in developing and adopting the most technologically advanced functionality in tech-luxury EVs," said Simon Chaput, President & Founder, Boréas Technologies. "By integrating Boréas' automotive haptic module into TUI Bar in NIO ET9, NIO has taken haptic feedback in cars — and user satisfaction — to a phenomenal new level. In doing so, NIO is also promoting safer driving because drivers who experience realistic tactile confirmation on a touch platform keep their eyes on the road instead of on a screen. NIO has proved that it's possible to achieve exceptional user experience, outstanding industrial design, and a safe driving experience in the same car. By doing so, they've set a new high point in the future of automotive interior design." NIO ET9's TUI Bar supports a compelling set of user experiences: Its three-zone design is multi-faceted, with the left and right zones controlling the driver and passenger Skyline screens respectively, while the middle zone interacts with the ICS central control screen. Drivers and passengers can use the central control screen in a variety of ways, such as adjusting the progress of songs, selecting media, and controlling the volume. TUI Bar also supports tapping for rewind or fast-forward as well as different functionality for one-, two- and even three-finger usage. About Boréas' Automotive Haptic Module Boréas' automotive haptic module leverages piezoelectric (piezo) design to offer dramatic improvements in quality and feedback response time over other haptic technologies, such as linear resonant actuators (LRAs). Boréas thereby allows automotive OEMs and integrators to provide the reassuring tactile feedback that satisfies the human need for intuitive touch. Featuring Boréas CapDrive® Technology, a patented, scalable, ultra-low-power architecture that promotes responsive localized haptic feedback and integrated force sensing in a wide range of applications, Boréas' automotive haptic module includes the BOS1211, its powerful piezo haptic driver IC that is AEC-Q100 Grade 2 qualified for the automotive market. About Boréas Technologies Boréas Technologies Inc. is an award-winning fabless semiconductor company commercializing ultra-low-power piezo IC platforms in automotive, consumer and industrial markets. With origins in research conducted at Harvard University, Boréas is based in Bromont, Québec and is supported by a global distribution network. The company's CapDrive ICs are ideal for automotive environments, PC trackpads, smartwatches and fitness trackers, smartphones, VR game controllers and peripherals, and Internet of Things (IoT) devices. Connect with Boréas on LinkedIn or email: info@ About NIO 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. NIO is the first car company listed on the NYSE, HKEX and SGX. The company has R&D and manufacturing facilities in Shanghai, Hefei, Beijing, Nanjing, Shenzhen, Hangzhou, Wuhan, San Jose, Munich, Oxford, Berlin, Budapest, Singapore, and Abu Dhabi. It has also established sales and service networks in China, Norway, Germany, the Netherlands, Sweden, Denmark, and the UAE. For more information on NIO, visit: The Boréas logo and CapDrive are registered trademarks of Boréas Technologies Inc. All other product and company names are trademarks or registered trademarks of their respective holders. View source version on Contacts Press Contacts Marc-André Morin, Boréas TechnologiesEmail: mamorin[at] Maria Vetrano, Vetrano CommunicationsEmail: maria[at] Sign in to access your portfolio
Yahoo
01-04-2025
- Automotive
- Yahoo
NIO's First-Quarter Deliveries Climb 40%; Shares Gain
NIO (NIO, Financials) reported a 40.1% year-over-year increase in first-quarter deliveries on Tuesday, sending its U.S.-listed shares up 4.5% to $3.97 as of 11:27 a.m. Eastern Daylight Time. Warning! GuruFocus has detected 5 Warning Signs with NIO. In the three months ending March 31, the company that makes electric cars delivered 42,094 units, with 15,039 delivered in March alone. This is a 26.7% increase from the same month last year. Out of the total units sold in March, 10,219 were from its top-of-the-line NIO brand and 4,820 were from its family-friendly ONVO of the end of March, a total of 713,658 vehicles had been in the month, the Shanghai-based company started sending out the NIO ET9 executive sedan. The car is NIO's newest technological platform and is meant to be its high-end flagship has three EV brands: the high-end NIO, the mid-range ONVO, and the small, high-end FIREFLY. The company has to deal with more competition from rivals like BYD Co. (BYDDF, Financials) and international companies like Tesla (TSLA, Financials). This is happening at a time when global demand for electric vehicles is slowing down and prices are rising in China. This article first appeared on GuruFocus. Sign in to access your portfolio
