Nio (Nyse: nio) He was a wild unstable stock since his IPO 2018. The Chinese electric vehicle manufacturer came out to the public in the amount of $ 6.26 per share, and he jumped ten times to a record maximum of $ 62.84 during the purchase of Frenz in Meme supplies in February 2021.
However, from this writing, they have not traded around $ 5 per share. The bulls withdrew as its deliveries cooled, the edges decreased and made steep losses. Can some shares of this not loved shares under his price and for life establish?
Nio produces a wide range electric limousines and SUV -ovi. It differs from its competitors with their replaceable batteries, which can be quickly replaced at their own battery -changing stations as faster alternatives to traditional chargers.
Nio delivered its first vehicles in 2018, and annually the delivery increased almost 11 times from 2019 to 2024. However, after doubling her annual delivery 2020 and 2021, his deliveries slowed down significantly in 2022 and 2023, while fighting the supply chain, the more difficult competition and economic slowdown of China.
|
Metric |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
|---|---|---|---|---|---|---|
|
Delivery |
20,565 |
43.728 |
91.429 |
122.486 |
160.038 |
221.970 |
|
Growth (yoy) |
81% |
113% |
109% |
34% |
31% |
39% |
Data source: nio. Yoy = year after year.
Nio -annual vehicle margin, which reached a record maximum of 20.2% in 2021, also decreased to 13.7% in 2022 and 9.5% in 2023, because its price was decayed. His annual net loss more than doubled from 2021 to 2023. All these challenges – together with trade tensions and growth rates – they took away the bulls.
After two years of growth slowdown, NIO’s delivery growth accelerated again in 2024. His job stabilized that he had increased his market share in China and spread in Europe.
This recovery has encouraged the stable sale of its ET sedan, ES SUV and EC Crossover, as well as the launch of its lower Onvo L60, which resembles Teslawith (Nasdaq: Tsla) Model Y, but starts with only 149,900 Juan ($ 20,646). It is also expanding across Europe, even if it faces higher tariffs at EVs of Chinese production throughout the region.
But despite this pressure, no three -month -old vehicles were stabilized in 2024, increased from 9.2% in the first quarter at 12.2% in the second quarter and 13.1% in the third quarter. He expects that the figure will increase to 15% again when he announces his earning report in the fourth quarter of March 21. This attributes this recovery to the lower material costs and growing sales of premium vehicles (including its ET7 Executive Edition Listen) in China, which largely compensates for lower average sales prices.
