Latest news with #OnvoL90
Yahoo
4 days ago
- Automotive
- Yahoo
Nio Opens Orders for Onvo L90; $27K Price Undercuts EV Rivals
Nio (NIO, Financials) opened pre-orders in China for its latest electric SUV the Onvo L90 a three-row, tech-loaded family EV starting at just $27,000; deliveries begin Aug. 1. Warning! GuruFocus has detected 3 Warning Signs with NIO. The Onvo L90, unveiled Thursday, starts at RMB 193,900 ($27,000) under Nio's battery-rental model; customers who prefer to buy the battery can expect to pay RMB 279,900 ($39,000). The SUV features six- and seven-seat layouts, a floating 17.2-inch infotainment screen, rear-seat entertainment, three-zone climate control and yes, a built-in refrigerator. The vehicle is powered by an 85-kWh pack, offering a CLTC-rated range of 605 km (367 miles); it runs on Nio's next-gen 900V platform for improved efficiency just 14.5 kWh per 100 km. Buyers can choose between rear- and all-wheel drive; the AWD version hits 0 to 100 km/h in just 4.7 seconds, with up to 590 horsepower. Nio is offering early buyers a sweetener; customers placing a RMB 2,000 deposit get RMB 10,000 in combined credits split between vehicle cost and optional upgrades. The L90 will compete directly with Li Auto's higher-priced L9, which starts at over $57,000. Nio says the L90 is the lightest full-size three-row SUV in its class; it weighs under 5,000 pounds, lighter than Lucid Gravity's nearly 6,000-pound curb weight. The L90 is Onvo's second EV; it follows the smaller L60, launched last year. Quick Take See insider trades. Check Peter Lynch chart. This article first appeared on GuruFocus.
Time of India
11-07-2025
- Business
- Time of India
Delta Airlines' shocking AI upgrade: It could soon set ticket prices based on what you can afford
What Is Delta's AI Pricing System? Who Built It? Live Events What Makes This AI Different From Normal Fare Algorithms? Is the AI Working For Delta? What's an 'Offer Management' System? FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel If you've ever paid more than your friend for the exact same Delta flight, the reason might be something much smarter and high-tech than just happening by chance because the culprit is artificial intelligence, as per a Air Lines is in the process of using a powerful AI-driven pricing system that could make airfare more personalized than ever before, as per an Investopedia the company's 2024 Investor Day and the second-quarter 2025 earnings call, Delta President Glen Hauenstein revealed that Delta Air Lines is currently using an AI pricing tool on 3% of domestic flights and now plans to expand it to 20% by the end of the year, according to the READ: AeroVironment and Kratos share prices surge over 10% after Pentagon's surprise drone buying spree The AI technology, which is developed by Israeli tech company Fetcherr, is designed to predict exactly how much a customer is willing to pay and set ticket prices accordingly, as reported by described the new AI tool as a 'super analyst' that never stops working, according to the report. It doesn't just look at supply, demand, or travel dates, instead, it analyses data to predict each individual customer's maximum acceptable price, as per the report.'The more cases we give it, the more it learns,' Hauenstein said during Thursday's earnings call, reported Investopedia. While still in a heavy testing phase, the AI is already shaping pricing decisions and will become a central part of Delta's future strategy, as he even said at the company's Investor Day in November that it is ushering in 'a full reengineering of how we price,' as quoted by READ: Want to moonlight and double your income? Head to this Chinese province offering incentives to side hustlers As per a transcript made available by AlphaSense, Hauenstein said in November that 'The initial results show amazingly favorable unit revenues,' reported Investopedia. While Fletcherr had said at a 2022 conference that its product had been shown to boost revenue 9%, Investopedia reported, citing the travel site One Mile at a expects that Fetcherr will set prices and determine how many seats are available at those prices, which eventually will create what Hauenstein called an 'offer management' system, reported said in November that, 'We will have a price that's available on that flight, on that time to you, the individual–not a machine that's doing an accept-reject, and a static price grid,' as quoted in the READ: NIO stock surges over 4% after Morgan Stanley says Buy following new SUV Onvo L90 launch To maximize revenue by offering each customer the highest price they're likely to accept, based on personal data and behavior especially if the AI predicts that one traveler is willing to pay more than the other, as per the report.
Yahoo
11-07-2025
- Automotive
- Yahoo
Why NIO Shares Are Soaring Today
July 11 Nio Inc (NYSE:NIO) shares surged about 8% on Friday after Morgan Stanley reiterated its "Buy" rating and lifted the price target to RMB 5.90, following the debut of its Onvo L90 three?row SUV. Warning! GuruFocus has detected 3 Warning Signs with NIO. The Onvo L90, Nio's first model under its Onvo sub?brand, opened pre?sales at RMB 279,900 or RMB 193,900 with the battery?as?a?service plan. Morgan Stanley's Tim Hsiao expects official pricing to land below RMB 280,000, helping the SUV grab market share upon its Aug. 1 deliveries. Equipped with 900V fast charging, an AR?HUD display, air suspension, a built?in fridge and L2+ autonomous driving powered by Nvidia's Orin?X chip, the L90 stacks up well against premium rivals like Li Auto's L9, AITO M9 and Denza N9 at a more competitive price point. Hsiao also noted the Onvo brand remains unfamiliar and must prove it can meet delivery targets. If Nio can build trust and deliver on performance, the L90, and the upcoming L80, may help reverse the company's year?to?date 15% share decline. This article first appeared on GuruFocus. 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
11-07-2025
- Automotive
- Yahoo
Why Nio Stock Keeps Going Up
A Morgan Stanley analyst reiterated his buy recommendation on Nio stock Thursday. Nio has a new discount luxury EV coming out in August that compares favorably to its rivals on price and design. What Nio doesn't have is profits. 10 stocks we like better than Nio › Shares of Chinese electric vehicle (EV) manufacturer Nio (NYSE: NIO) were on the rise for a second straight day on Friday, adding 5.6% through 1 p.m. ET on top of Thursday's 6% gain. You can probably thank Morgan Stanley for that. In a note that came out Thursday afternoon, Morgan Stanley analyst Tim Hsiao reiterated his overweight rating on Nio and praised its new Onvo L90, full-size, all-electric, three-row crossover SUV, which has up to 375 miles of range on a full charge. Presale prices, said the analyst in a note covered by StreetInsider, are falling in line with expectations of a 270,000 yuan to 280,000 yuan purchase price (about $37,600 to $39,000 at the current exchange rate), and could get even cheaper once the automaker announces official pricing for Aug. 1 deliveries. Onvo is a discount marque owned by Nio, similar to Hyundai's Kia brand. And as Hyundai does with its Kia models, Nio is taking a more-for-less approach to the new L90, offering "interior space and specs ... fairly competitive" with Li Auto's L9 full-size luxury electric SUV (for example), but at a price more on the level with the mid-size L6 SUV. Hsiao says the Onvo L90 compares favorably on specs to Xpeng's G9 and Xiaomi's YU7, but at similar prices. Prices and specs are what attract car buyers. Car stock buyers, by contrast, are more concerned with revenues and profits -- and it's here that the buy thesis for Nio stock starts to break down. After it tripled its revenues between 2020 and 2023, Nio's sales grew by only 15% last year, and it showed no improvements in profitability. Indeed, to the contrary, its losses increased by 4%. Nio's now losing about $3.3 billion annually, and the analysts covering it don't expect to see the company earn a profit before 2028 -- if ever. As buy theses go, this one looks pretty weak to me. Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,432!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,854!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Nio Stock Keeps Going Up was originally published by The Motley Fool 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
11-07-2025
- Automotive
- Yahoo
Why NIO Shares Are Soaring Today
July 11 Nio Inc (NYSE:NIO) shares surged about 8% on Friday after Morgan Stanley reiterated its "Buy" rating and lifted the price target to RMB 5.90, following the debut of its Onvo L90 three?row SUV. Warning! GuruFocus has detected 3 Warning Signs with NIO. The Onvo L90, Nio's first model under its Onvo sub?brand, opened pre?sales at RMB 279,900 or RMB 193,900 with the battery?as?a?service plan. Morgan Stanley's Tim Hsiao expects official pricing to land below RMB 280,000, helping the SUV grab market share upon its Aug. 1 deliveries. Equipped with 900V fast charging, an AR?HUD display, air suspension, a built?in fridge and L2+ autonomous driving powered by Nvidia's Orin?X chip, the L90 stacks up well against premium rivals like Li Auto's L9, AITO M9 and Denza N9 at a more competitive price point. Hsiao also noted the Onvo brand remains unfamiliar and must prove it can meet delivery targets. If Nio can build trust and deliver on performance, the L90, and the upcoming L80, may help reverse the company's year?to?date 15% share decline. This article first appeared on GuruFocus.
