NIO ADR Aktie News

NIO delivered strong EV growth, especially with ONVO and Firefly brands, but missed profit and sales estimates due to widening operating losses. Despite robust delivery momentum, NIO's profitability remains suboptimal, with operating losses rising 19% YoY, raising concerns about future equity dilution. NIO trades at a rock-bottom price-to-sales ratio, significantly below peers, offering potenti...

Nio stock price has remained under pressure this year and is underperforming other Chinese EV companies like Li Auto and Xpeng. It has dropped by 17.4% this year and by 23.7% in the last 12 months.

Investors came into Nio's (NIO 3.75%) first-quarter earnings report knowing full well it was likely to be a bumpy ride thanks to the brutal price war China's electric vehicle (EV) makers are engaging in.

Nio (NIO -0.69%) is reporting an increase in deliveries and vehicle margins.

Nio (NIO -0.41%), a leading producer of electric vehicles (EVs) in China, posted its first-quarter earnings report on June 3. Its revenue rose 21.5% year over year to 12.03 billion yuan ($1.66 billion), but its net loss widened from 5.18 billion yuan ($720 million) to 6.75 billion yuan ($930 million).

Nio is the third-largest electric vehicle company in China and the first to pioneer swappable battery packs.

Nio (NIO 6.37%) has always been a fascinating stock to follow with its many ups and downs. The Chinese automaker is poised for strong growth on the back of launching two entirely new brands, Onvo and Firefly.

NIO missed Q1 estimates, reported significantly higher losses and a drop in vehicle margins despite strong delivery growth and success with its ONVO brand. ONVO's rapid ramp-up is driving delivery growth, but persistent high R&D and marketing expenses keep profitability out of reach for now. NIO announced an aggressive push into new markets in Europe in order to accelerate its delivery momentum.