NIO ADR Stock News

NIO Inc.'s Q2 earnings show strong vehicle sales and gross margin expansion, with a better-than-expected Q3 outlook reinforcing growth prospects ahead of new sub-brand launches. ONVO start of deliveries later September, and Firefly's debut in 1H25 are expected to drive additive growth and scale to the core NIO brand. This will add to continued cost discipline, improving operating leverage, stab...

September 5 was scheduled for Nio‘s (NYSE: NIO) Q2 earnings report release before markets open in the U.S., and it brought some new records and a few pleasant surprises.

Nio's stock was headed for a fifth straight gain Thursday after the China-based electric vehicle maker provided an upbeat outlook for revenue and deliveries.

Quarterly Total Revenues reached RMB17,446.0 million (US$2,400.6 million) i Quarterly Vehicle Deliveries were 57,373 units

For the second quarter, Wall Street is looking for a per-share loss of 31 cents from sales of $2.4 billion. A year ago, NIO lost 45 cents a share from sales of $1.2 billion.

Chinese luxury electric vehicle maker Nio stock delivered a total of 20,176 vehicles for August, up just about 4.4% versus the same quarter last year. While Nio's performance was well behind rival Li Auto which saw sales grow 38% year-over-year to 48,122 vehicles, it did a bit better than Xpeng which grew sales by just about 2.5% year-over-year to 14,036 units.

Nio (NIO) stock price has bounced back in the past few days even as other Chinese EV companies slumped to their lowest levels this year. It rose to $4.25 on Wednesday, 17% higher than the lowest point in August.

Onvo L60 models are rolling off the assembly line and soon to customers. Nio has had three consecutive months of 20,000-plus deliveries.