Onvo L60 Likely to Help Nio Top 20,000 Unit Monthly Sales, Says Deutsche Bank
Deutsche Bank gave a positive read to the debut of the first model of Nio's (NYSE: NIO) sub-brand Onvo, saying the model could help Nio top 20,000 units of sales per month.
GLONGHUI ANNOUNCEMENT SELECTION (HK Stocks) | JD Group-SW (09618.HK) First-quarter revenue increased 7.0% year over year, EBITDA increased 13.6% under non-US GAAP
[Today's Focus] JD Group-SW (09618.HK) revenue for the first quarter increased 7.0% year-on-year, and non-US GAAP EBITDA increased 13.6% JD Group-SW (09618.HK) announced that in the first quarter of 2024, the company's revenue was RMB 260 billion (US$36 billion), up 7.0% from the first quarter of 2023. Operating profit for the first quarter of 2024 was RMB 7.7 billion (US$1.1 billion) and the first quarter of 2023 was RMB 6.4 billion. Non-US GAAP operations for the first quarter of 2024
Onvo Will Contribute Positively to Nio's 'P&L' When It Reaches 20,000 Monthly Sales, William Li Says
Li said this in response to a question about Nio's sales expectations for Onvo's first model, and used English when referring to 'P&L'. The post Onvo will contribute positively to Nio's 'P&L' when it reaches 20,000 monthly sales, William Li says appeared first on CnEVPost. For more articles, please visit CnEVPost.
NIO Inc. Launches New Brand ONVO and SUV L60
NIO Inc. Continues SEC Compliance With Latest Filing
NIO - SW (09866.HK) officially launches the new brand Ledao Auto, opens pre-orders for the first model L60
Gelonghui, May 16 | NIO - SW (09866.HK) announced on May 16, 2024 - NIO Group (NYSE: NIO; Hong Kong Stock Exchange: 9866; SGX: NIO), a pioneer and leader in the high-end smart electric vehicle market, announced the official launch of NIO's smart electric vehicle brand, Ledao Auto, at the Shanghai West Coast Dome Art Center. Ledao Motor's first product, the L60, a family smart electric mid-size SUV, was unveiled. ONVO originates from “On Voyage,” meaning a beautiful journey. “Music” means “happy path” and expresses “being with family
Market Chatter: Nio Launches Electric SUV
Nio (HKG:9866, SGX:NIO) introduced its Onvo electric vehicle brand with the launch of the Onvo L60 sports utility vehicle, Reuters reported Wednesday. The new vehicle, seen as a rival to Tesla's Model
Market Chatter: Nio Plans to Launch One Onvo Brand Model per Year
Nio (NIO) plans to launch one new model under its Onvo brand per year at prices similar to gasoline vehicles, Reuters reported Thursday, citing a statement from the company. The company reportedly sai
Fuao Co., Ltd. (000030.SZ): Received high-quality orders from customers such as BYD, Jinkang Celis, and NIO Auto
Gelonghui, May 16丨Fuao Co., Ltd. (000030.SZ) held a performance briefing on May 16, 2024 to discuss “What new energy manufacturers has Fuao cooperated with this year? Are the orders full?” The company replied that according to estimates of the customer contract delivery program, the company is expected to receive more than 55 billion yuan of new order life cycle revenue for the full year of 2023, of which new energy order revenue accounts for more than 60%. The company received high-quality orders from customers such as BYD, Jinkang Celis, and NIO Auto.
NIO's New Model May Face Sales Challenges Amid Stiff Competition -- Market Talk
0751 GMT - NIO's new L60 model, the first product under its new brand ONVO, may face challenges amid intense competition in China, Nomura analysts write in a note. The Chinese EV maker has benchmarked
NIO's New Brand Tipped to Drive Up Sales
0734 GMT - NIO's new brand will likely boost sales of its electric vehicles in 2025, Deutsche Bank analyst Bin Wang writes in a note. The Chinese EV maker launched the ONVO brand on Wednesday, debutin
China NEV Retail at 241,000 in May 1-12, up 10% From Same Period Last Month
China's retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date.
NIO Li Bin talks about the third brand: it doesn't mean a cheap car; it must have a reasonable return; it won't make a 780,000 car
Sina Technology News On May 16, at noon, NIO officially released its second brand, Ledao. Li Bin, Chairman and CEO of NIO, and Ai Tiecheng, senior vice president of NIO and president of Ledao Auto, were interviewed by the media. In addition to the Ledao brand, NIO CEO Qin Lihong revealed that NIO's third brand is coming soon, and we will meet everyone within a year. Li Bin, on the other hand, said that the third brand does not represent a cheap car; it will not have a gross profit margin of only a few points; it will still have a reasonable return. Similar to the BMW Mini and Mercedes-Benz Smart, the price will be cheaper, but it will not be a 780,000 car.
Can music compete with ideals? Li Bin: The user base coincides with the price. It is competitive but normal, which is good for consumers
Sina Technology News On May 16, at noon, NIO officially released its second brand, Ledao. Li Bin, Chairman and CEO of NIO, and Ai Tiecheng, senior vice president of NIO and president of Ledao Auto, were interviewed by the media. The Ledao brand is aimed at home users, and the price also matches the ideal pure electric product Ideal L6. Li Bin said in this regard that Ledao and Ideals are all aimed at home users, and the price ranges also coincide. There will be competition but it is normal. This is good for consumers; there are more choices. He also mentioned that Li Xiang was an early investor in NIO, and that they are all teammates who work as pure electricity, and they are all very welcome. In addition, Li Bin also said that currently there is an increase in user selection
China Automobile Association: Automobile exports of 504,000 vehicles increased 0.4% month-on-month in April, up 34% year-on-year
Automobile exports maintained rapid year-on-year growth in April 2024.
Market Chatter: Nio Launches L60 Onvo SUV to Take on Tesla Model Y
Shanghai-based EV maker Nio (HKG:9866, SGX:NIO) launched its L60 Onvo-branded SUV, targeting the middle class, South China Morning Post reported Wednesday.
Auto stocks generally fell, Ideal Auto (02015) fell 4%. The US imposed additional tariffs on China, and tariffs on electric vehicles rose to 100%
Jinwu Financial News | Auto stocks generally fell. Ideal Auto (02015) fell 4%, BYD shares (01211) fell 2.42%, NIO (09866) fell 2.49%, Zero Sports (09863) fell 1.44%, and Geely Auto (00175) fell 1.37%. The US White House announced additional tariffs on $18 billion of products imported from China. Among them, tariffs on electric vehicles will be raised from 25% to 100%, and tariffs on lithium-ion electric vehicle batteries will be raised from 7.5% to 25%.
Overnight news: The three major US stock indexes all reached record highs, and US retail sales stagnated in April. Instagram founder joined an AI startup invested by Amazon
For more global financial information, please follow the 7×24 hour real-time financial news market closing: the three major US stock indices all hit record highs, CPI data boosted interest rate cut expectations on May 15: Nvidia was once again bullish by investment banks, making the target price of $1,200 US WTI crude oil closed 0.79% higher on Wednesday. On Wednesday, several popular Chinese securities rose 2.4%, and SMC rose 2.4%. NIO dropped 8%, and the main European stock index rose 0.77%. Macro data for the month before US retail sales stagnated in April Downward correction OPEC+
NIO Inc Options Spot-On: On May 15th, 289.39K Contracts Were Traded, With 2.88 Million Open Interest
On May 15th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 289.39K options for the day, of which put options accounted for 25.25% of the total transactions, and call
Mild CPI Means All-Time Closing Highs | Wall Street Today
Meme stocks are pulling back after a two day rush! Meanwhile, the S&P 500 broke 5,300 and joined the Nasdaq and Dow Jones ending the day at new record highs after the CPI print.
No Data