Andy FengInvestment thesis My previous bearish thesis about NIO's (NYSE:NIO) stock aged well, as the stock lost around 9% of its value since late April. I think that there are no reasons to be less pessimistic about NIO as the company's fundamentals keep falling apart. The company continues to burn cash, which means more dilution to the shareholders' value in the nearest future. The company is rapidly losing its market share and the sustainability of its business model is questionable. NIO appears to be ...

When it comes to competitive advantages in the EV industry, few have the potential of NIO.NIO (NIO -1.05%), a leading Chinese electric vehicle (EV) manufacturer, is putting a smile on investors' faces as the company is hitting two birds with one stone. The company is succeeding where rivals have failed, and at the same time it's creating a valuable competitive advantage in the world's largest electric vehicle market, China. Let's dive into NIO's recent battery swap milestone, and why it's so important for i ...

In the latest trading session, NIO Inc. (NIO) closed at $3.78, marking a -1.05% move from the previous day. This change lagged the S&P 500's 0.47% gain on the day. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, added 0.51%.Heading into today, shares of the company had lost 18.38% over the past month, lagging the Auto-Tires-Trucks sector's loss of 16.71% and the S&P 500's loss of 4.45% in that time.The investment community will be closely monitoring the performance of NIO Inc. in its fo ...

Core Viewpoint - Nio's stock has significantly declined due to economic concerns and competition, despite some positive delivery numbers and potential market opportunities in the Chinese EV sector [1][2][3] Group 1: Stock Performance - Nio's stock has dropped approximately 55% year-to-date, while rival Xpeng has seen a 46% decline [1] - Since early January 2021, Nio's stock has plummeted 90% from around $50 to about $4, underperforming the S&P 500, which increased by about 45% during the same period [2] - Nio's returns were -35% in 2021, -69% in 2022, and -7% in 2023, consistently lagging behind the S&P 500 [2] Group 2: Delivery and Market Position - In July, Nio delivered 20,498 vehicles, maintaining flat year-over-year deliveries and a 3% sequential decline, with total deliveries for 2024 reaching 107,924 vehicles, a 43.9% increase year-over-year [1] - In comparison, Li Auto delivered 51,000 vehicles in July, a 49.4% increase year-over-year, while Xpeng delivered 11,145 vehicles, up 1% year-over-year [1] Group 3: Market Opportunities and Challenges - The Chinese government has introduced new incentives of RMB 10,000 (approximately $1,410) for consumers replacing gasoline cars with electric vehicles, with potential for this subsidy to double [3] - Nio plans to enter the lower end of the EV market with its new sub-brand model, the Onvo L60, priced starting at RMB 219,900 (about $30,300), which is below its main brand vehicles [3] - Nio's stock trades at about $4 per share, approximately 0.8x consensus 2024 revenues, with projected revenue growth of over 20% this year and over 35% next year [3]

Nio delivered more than 20,000 EVs for the third month in a row.American depositary shares of Chinese electric-vehicle (EV) maker Nio (NIO -8.56%) plunged Thursday after the company announced its July monthly delivery results. Those results weren't bad, but investors wanted more.Nio delivered about 20,500 EVs last month, marking the third straight month the company has surpassed the 20,000 unit delivery threshold. But it was still only about 2% higher than the year-ago period. Nio closed today's trading ses ...

China’s economic landscape is getting more and more complicated for electric vehicle (EV) producers. Most recently, government officials confirmed that the nation will not be issuing an additional round of stimulus for the second half of 2024. As a result, many companies are struggling in the market today, including prominent Chinese EV stocks.Many Chinese automakers are still recovering from a highly volatile July and so far, August isn’t off to a good start. Indeed, the outlook appears questionable at bes ...

Nio (NYSE:NIO) stock is falling lower after the Chinese electric vehicle (EV) company released its July delivery figures. Nio delivered 20,498 vehicles, up by 0.18% compared to 20,462 vehicles a year ago. Premium smart electric SUVs accounted for 11,964 of the deliveries while premium smart electric sedans tallied in at 8,534.Still, July marked the third consecutive month of 20,000-plus deliveries. In June, the company notched a record monthly high for deliveries at 21,209 vehicles.For 2024, Nio has now del ...

NIO delivered 20,498 vehicles in July 2024NIO delivered 107,924 vehicles year-to-date in 2024, increasing by 43.9% year-over-year Cumulative deliveries of NIO vehicles reached 557,518 as of July 31, 2024 SHANGHAI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced its July 2024 delivery results. NIO delivered 20,498 vehicles in July 2024. The deliveries consisted ...

NIO delivered 20,498 vehicles in July 2024NIO delivered 107,924 vehicles year-to-date in 2024, increasing by 43.9% year-over-year Cumulative deliveries of NIO vehicles reached 557,518 as of July 31, 2024 SHANGHAI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its July 2024 delivery results. NIO delivered 20,498 vehicles in July 2024. The deliveries consisted ...

NIO Inc. (NIO) closed at $4.44 in the latest trading session, marking a +0.45% move from the prior day. This change lagged the S&P 500's 1.08% gain on the day. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 2.64%.Heading into today, shares of the company had lost 2.43% over the past month, lagging the Auto-Tires-Trucks sector's gain of 3.09% and the S&P 500's loss of 0.44% in that time.Investors will be eagerly watching for the performance of NIO Inc. i ...