Nio
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Everbright Securities lowers Nio price target by 4% to $48.53, maintains Buy rating
A team at Everbright Securities lowered its earnings forecast and price target for Nio after the company announced its second-quarter earnings report.
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Deutsche Bank raises delivery forecast for Nio over next two years, reiterates Buy rating and $60 price target
The team maintained its $60 price target based on 8x 2023E EV/sales, down from 9x previously to account for a broader re-rating of the EV-related stock.
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Nio-backed LiDAR maker Innovusion secures new funding to accelerate delivery for ET7
The capital will be used primarily to support the mass production and delivery of LiDARs for the Nio ET7, as well as Innovusion's innovation programs.
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Nio's battery swap stations reach 363
Nio put two new battery swap stations into operation Thursday, one in Xining and one in Taicang, bringing the total to 363.
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Nio's Q2 earnings call: Here's everything you need to know
Nio reported its second-quarter earnings on Thursday Beijing Time and held an analyst call to unveil some key plans for the future.
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Nio's William Li visited SAIC-GM-Wuling, maker of Mini EV
William Li, the founder, chairman, and CEO of Nio, recently visited SAIC-GM-Wuling, the maker of China's best-selling electric vehicle, the Mini EV.
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Nio's self-driving team to expand 60% to 800 within the year
Nio's autonomous driving-related team is currently around 500 people, and will increase by 300 to 800 by the end of the year, William Li, founder, chairman and chief executive officer of Nio, said during the company's second-quarter conference call.
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Nio's NAD will deliver the best experience of autonomous driving, CEO says
“We believe that NAD will deliver the best experience of autonomous driving and lead the charge of autonomous driving technology development in the industry,” he said.
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Nio to launch lower-priced model next year
Nio will launch a lower-priced model next year, but will still maintain its premium positioning, William Li, founder, chairman and chief executive officer of Nio, said during the company's second-quarter conference call.
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Nio Pilot take rate exceeded 80% in Q2
In the second quarter, the take rate of Nio Pilot exceeded 80 percent, William Li, founder, chairman and chief executive officer of Nio, said.
