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NIO Reports June Deliveries Of 12,961, Up 60.3% YoY; Says Expects To Start Deliveries Of The ES7 And The 2022 ES8, ES6 And EC6 In August
Company Achieved Record-High Monthly DeliveriesNIO delivered 12,961 vehicles in June 2022, increasing by 60.3%
Tesla AI Job Cuts, Nio Stung By Short Report, Ford's F-150 Lightning Recall, Faraday Future The New Meme Stock In Town: Week's Top News From EV Industry
Electric vehicle stocks declined in the week ending July 1, taking cues from the retreat in the broader market. The S&P 500 Index fell in the first four sessions of the week amid economic worries,
Citic Construction Investment: Jiakang continues to revise its annual electric vehicle sales forecast to more than 6.5 million units.
Zhitong Financial APP learned that Citic Construction Investment recently released a research report saying that since April this year, some domestic mainframe factories and core parts factories have stopped production and reduced production, supply has been restricted again, and tram sales have dropped 38% month-on-month. At the end of April, the plate inflection point appeared, and the sales performance in May and June once again exceeded market expectations. June and August are expected to be a strong support for the increase in sales for the whole year. Q3 will continue to exceed expectations as new power production capacity climbs and new models are delivered, helping to impact annual sales of 6.5 million vehicles. In view of the many driving factors of sales in the second half of the year, sales are strong and will continue to exceed expectations, so now is the best time to invest in new energy vehicles.
Not afraid to go short and be favored by the investment bank, NIO Inc. (9866.HK/NIO.US) accelerated his return.
On the evening of June 29th, a short report from overseas institution grizzly Bear Research (Grizzly Research) was released, pouring cold water on the warming secondary market. The agency targeted NIO Inc., who is facing negative public opinion, but the 56-page report centers on inflating income and exaggerating profitability, while the focus of firepower is on NIO Inc. 's proud power exchange service system. The short selling report is full of loopholes and is "educated" by a number of major international banks, although this has caused no small waves to market sentiment, this seemingly ferocious report is actually
Did NIO Inc. falsely increase his income and net profit after all?
On June 28, local time, the short seller Grizzly Research released a report saying that NIO Inc. used the related party Wuhan Suneng Battery assets Co., Ltd. to exaggerate income and profitability. Its core point of view is mainly based on the "prospectus for the first phase of green battery asset-backed bills in 2022 of Wuhan Weineng Battery assets Co., Ltd." and NIO Inc. automobile financial report data. it is considered that the number of batteries sold by NIO Inc. to related parties is far greater than the actual demand, and there is a situation that revenue is recognized in advance, falsely increasing income and net profit.
Grizzly bears are short, but in essence, they still don't understand the business of new energy vehicles in China.
When a company grows from a start-up to a giant in the industry, it will inevitably be questioned by all parties. Just like Apple Inc, every time Apple Inc releases a new iPhone product, there will be a lot of bad people, but in the end, Apple Inc is still a bad-face person with actual data.
Targeted by a short-selling agency? NIO Inc. tells you that "it takes a good blacksmith to make good steel."
The delivery of new forces increased sharply in June compared with the same period last year: XPeng Inc. increased by 133%, ideal by 69%, and NIO Inc. by 60%
The report card of the new force of car building is released in June! NIO Inc.: 12961 new cars were delivered in June, a new high for monthly delivery. On July 1, NIO Inc. announced that a total of 12961 new cars were delivered in June 2022, an increase of 60.3% over the same period last year, setting a new monthly high. In the second quarter of 2022, NIO Inc. delivered a total of 25059 new cars, an increase of 14.4 percent over the same period last year, nine consecutive quarters of positive growth over the same period last year, exceeding the delivery guidelines for the second quarter of 2022. From January to June 2022, NIO Inc. delivered 50827 new cars, an increase of 21.1% over the same period last year. NIO Inc. vehicles have been delivered accumulatively.
NIO Inc. ADR Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights. The NIO Inc. ADR NIO slid 1.66% to $21.36 Friday, on what proved to be an all-around positive trading
Chinese Electric-Vehicle Makers Report Sharp Delivery Gains as Production Recovers From COVID-19 Lockdowns
11:15 AM EDT, 07/01/2022 (MT Newswires) -- Multiple Chinese electric-vehicle makers on Friday reported sharp gains in their June deliveries as production continued to recover from disruptions stemming
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