Group 1 - The electric vehicle industry has faced significant challenges, with many companies struggling to grow sales while achieving profitability and positive cash flow [1] - Nio, a Chinese electric vehicle manufacturer, exemplifies the difficulties faced by firms in this sector [1] Group 2 - Investors are encouraged to conduct thorough due diligence before making investment decisions related to companies mentioned in the article [3] - Seeking advice from financial professionals is recommended to ensure informed investment choices [3]

Core Insights - NIO Inc. reported a fourth-quarter 2024 loss per American Depositary Share (ADS) of 47 cents, which was wider than the Zacks Consensus Estimate of a loss of 33 cents, and compared to a loss of 45 cents in the same quarter last year. Revenue for the quarter was $2.7 billion, missing the estimate of $2.85 billion but reflecting a 12.5% increase year-over-year [1] Group 1: Vehicle Deliveries and Revenue - NIO delivered 72,689 vehicles in the fourth quarter, representing a 45.2% year-over-year increase, including 19,929 vehicles from the newly launched ONVO brand. Revenue from vehicle sales was $2.39 billion, up 10.1% year-over-year due to increased delivery volume. Other sales reached $281.6 million, a 30.2% increase year-over-year [2] Group 2: Profitability Metrics - Gross profit for the quarter was $316.3 million, a 75.5% increase from the previous year, attributed to decreased cost of sales. The gross margin improved to 11.7%, up from 7.5% a year ago. Vehicle margin increased to 13.1% from 11.9% in the fourth quarter of 2023 due to lower material costs per unit [3] Group 3: Cost Management and Financial Position - Research and development costs were $498.1 million, down 10.9% year-over-year. Selling, general, and administrative costs totaled $668.3 million, a decrease of 19.4% year-over-year. Loss from operations decreased to $826.5 million from $933.2 million a year ago. As of December 31, 2024, cash and cash equivalents were $5.7 billion, with long-term debt at $1.57 billion [4] Group 4: Future Projections - For the first quarter of 2025, NIO projects deliveries between 41,000 and 43,000 vehicles, indicating a year-over-year increase of 36.4% to 43.1%. Revenue is estimated to be between $1.69 billion and $1.76 billion, suggesting a year-over-year uptick of 23.3% to 28.5% [5]

Financial Data and Key Metrics Changes - In Q4 2024, total revenues reached RMB19.7 billion, a 15.2% year-over-year increase and a 5.5% quarter-over-quarter increase [25] - Vehicle sales amounted to RMB17.5 billion, up 13.2% year-over-year and 4.7% quarter-over-quarter, driven by higher deliveries but partially offset by a lower average selling price [25] - Overall gross margin improved to 11.7%, up from 7.5% in Q4 last year and 10.7% last quarter [28] - Net loss was RMB7.1 billion, an increase of 32.5% year-over-year and 40.6% quarter-over-quarter [31] Business Line Data and Key Metrics Changes - The NIO brand delivered 201,209 vehicles, securing a 40% market share in China's BEV segment priced above RMB300,000 [7] - The ONVO brand delivered 20,761 vehicles, with its market share steadily increasing since its launch [8] - Vehicle margin improved to 14.9% for NIO in Q4, while ONVO achieved a positive vehicle margin in its early production stage [9] Market Data and Key Metrics Changes - NIO's total deliveries for 2024 reached 221,970, marking a 38.7% increase year-over-year [7] - The company expects total deliveries in Q1 2025 to reach 41,000 to 43,000 units, reflecting a year-over-year growth of 36% to 43% [9] Company Strategy and Development Direction - NIO is entering a new product cycle with three smart EV brands, focusing on expanding its product lineup and enhancing profitability [10][12] - The company aims to achieve breakeven by Q4 2025 through cost reduction initiatives and improved operational efficiency [38] - NIO is committed to expanding its global footprint and enhancing its sales and service networks [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating competition and achieving full-year operating targets despite challenges [24] - The company is enhancing brand awareness for ONVO and ramping up its sales store coverage to regain growth momentum [42][45] - Management highlighted the importance of AI technology in improving product experience and operational efficiency [87] Other Important Information - NIO's ESG rating was upgraded from A to AA by MSCI, and it was ranked as the number one car company in the 2025 Global 100 most sustainable companies by Corporate Knights [22] - The company has deployed 3,245 power swap stations worldwide, with over 69 million swaps conducted [19] Q&A Session Summary Question: Cost reduction efforts and expected savings - Management indicated ongoing cost reduction initiatives and expects vehicle margin to continue growing starting Q2 2025 [35][36] Question: ONVO's growth momentum - Management acknowledged ONVO's sales performance did not meet expectations and outlined strategies to improve brand awareness and sales coverage [42][45] Question: Gross margin and volume guidance - Management expects Q1 vehicle margin to be under pressure but aims for breakeven by Q4 2025, with a target vehicle margin of 20% for NIO and 15% for ONVO [64][65] Question: Cash position and potential financing - Management confirmed a cash position of RMB49.1 billion and emphasized prudent cash flow management while exploring various fundraising options [101][103] Question: Autonomous driving technology plan - Management confirmed the rollout of end-to-end solutions for active safety features and plans to use in-house developed chips for future models [112][113]

In this video, I will review Nio's (NIO -4.99%) latest earnings report and management comments about the company's future. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of March 21, 2025. The video was published on March 21, 2025. ...

Nio stock (NYSE: NIO) has been exhibiting plenty of volatility as of late.On March 11, government support for the company’s battery-swapping technology caused a surge of almost 10%, from $4.40 to $4.91. The tide of optimism continued. Nio stock closed at a price of $5.18 on March 19, two days before the release of the company’s Q4 earnings call.Despite these high hopes, the quarterly report turned out to be a disappointment. The electric vehicle (EV) company posted a $0.43 loss per share, above consensus es ...

Quarterly Total Revenues reached RMB19,703.4 million (US$2,699.4 million)iQuarterly Vehicle Deliveries were 72,689 units Full Year Total Revenues reached RMB65,731.6 million (US$9,005.2 million) Full Year Vehicle Deliveries were 221,970 units SHANGHAI, March 21, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the fourth quarter and fu ...

Exhibit 99.1 NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results Quarterly Total Revenues reached RMB19,703.4 million (US$2,699.4 million) Quarterly Vehicle Deliveries were 72,689 units Full Year Total Revenues reached RMB65,731.6 million (US$9,005.2 million) Full Year Vehicle Deliveries were 221,970 units SHANGHAI, China, March 21, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) ("NIO" or the "Company"), a pioneer and a leading company in the global smart elec ...

China’s electric vehicle (EV) industry is evolving at a breakneck pace. Battery swapping is emerging as a game-changing solution to charging challenges. Leading the charge is NIO Inc. (NIO) , which has taken another bold step forward by partnering with Contemporary Amperex Technology Co (“CATL”), the world’s largest EV battery manufacturer, to supercharge its battery swap network.The deal was announced yesterday, ahead of NIO’s fourth-quarter results on Friday. NIO and CATL aim to jointly build the world’s ...

NIO (NYSE: NIO ) will report earnings on March 21st, and I think these earnings will be one of the most important earnings over the last few years for NIO. NIO has had quite a rough year, dropping 10% over theMMMT Wealth is run by Oliver, a CPA working in the financial services sector mainly in private equity, hedge funds, and asset management. MMMT Wealth began in 2023 when Oliver started writing online mainly on X and Substack about investment strategies and stocks. His main aim is to gather insights from ...

China-based EV company NIO Inc. (NIO) is slated to release fourth-quarter 2024 results on March 21, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 42 cents a share on revenues of $2.85 billion. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The loss estimate for the fourth quarter of 2024 has widened by 2 cents a share over the past 60 days. However, the bottom-line projection indicates an improvement from a loss of 45 cent ...