Nio
+ FollowLargest US pension ups bets on Nio and Li Auto in Q3, liquidates position in Xpeng
CalPERS increased its position in Nio by 18.2 percent and its position in Li Auto by 21.05 percent in the third quarter.
EV stocks extend gains as China's zero-Covid policy sees significant easing
At press time, Nio extended gains in Hong Kong to 16.49 percent to HK$81.95, Xpeng rose 9.52 percent to HK$28.75 and Li Auto rose 10,51 percent to HK$71.
Bridgewater's position in Nio up 6.6% in Q3, holdings in Xpeng and Li Auto remain stable
The market value of Bridgewater's holdings in Nio decreased by 22.58 percent during the third quarter, while its holdings in Xpeng and Li Auto decreased by 62.31 percent and 39.77 percent, respectively.
Opinion
Nio Q3 earnings: An investor's take
Nio 5 new product offerings in 1H 2023 will be golden & life-threatening to numerous competitors with barely a competitive premium luxury product in sight.
Nio Q3 earnings call: 5 new models to be launched in H1 2023
Nio will launch five models in the first half of next year, and by June there will be a total of eight available models.
Nio Q3 earnings: Deutsche Bank's first look
Nio reported mostly soft 3Q results, especially on margin, but provided a better than-feared 4Q volume outlook.
Nio reports Q3 revenue that beats expectations, offers conservative Q4 guidance
Nio's fourth-quarter delivery guidance of 43,000 to 48,000 units means it expects cumulative deliveries in November and December to reach 32,941 to 37,941 units.
Nio ET7 wins Germany's prestigious Golden Steering Wheel award
Nio officially launched the ET7, EL7 and ET5 in Europe last month, with deliveries of the ET7 already starting on October 17, although it is currently only available in lease model.
Nio's '866' models see wait times drop to about 2 weeks
The latest expected delivery times for Nio ES8, ES6 and EC6 are all around 2 weeks after locking in orders, down from 2-3 weeks previously.
Nio ET5 makes top 10 list of best-selling premium sedans in China for 1st time
October was the first full delivery month for the ET5. Deliveries of the model began on September 30, with 221 units delivered in September.
