With growth in deliveries, Nio has also seen a gradual improvement in vehicle level margins. On a year-over-year basis, deliveries were higher by 112%. For Q2 2021, the company reported delivery of 21,896 vehicles. Nio has continued to report strong vehicle deliveries, even with chip shortages. Additionally, the planned listing in Hong Kong will further boost the cash buffer. Nio has ample financial headroom to invest in innovation, and new product development. This includes a premium smart electric sedan. The company has plans to reveal new products based on the NIO Technology Platform 2.0 in 2022. International expansion is likely to ensure that the company’s vehicle delivery growth remains strong.Īnother positive catalyst for Nio is the launch of new vehicles. At the same time, Nio has plans to expand its presence in most important global markets by 2023-24. The company is likely to enter Europe later this year. In terms of a stock catalyst, Nio has expansion plans beyond China. On a global scale, Deloitte expects the EV market to grow at a CAGR of 29% over the next decade. BYD founder Wang Chuanfu believes that new energy vehicles will account for 70% of China’s new car sales by 2030.Ĭhina has also imposed a mandate on automakers that requires EVs to make up 40% of all sales by 2030. The EV industry is at a growth inflection point, and China seems to be leading the way. If you can't see what a bargain NIO is now, then you aren't trying to see it. August deliveries were down, but partially because cars made in August that were delivered to Norway WOULD have been sold and delivered in China and added to the August numbers will pop the October numbers! October numbers will include Norway sales. The only difference is that NIO has so much more going for it now than at this time last year.įriday we'll be having great PR from the Norway opening, AND September numbers should have another all-time record in deliveries. Market inefficiencies and market manipulators try to keep a lid on the stock price, and then the stock price plays "catch-up" as it did last year at this time. I call it a true bargain at these prices. The ET7 by itself will add at least 50% growth to the delivery numbers, and a much larger margin to the bottom line.ĪLSO, they are expanding into Europe, STARTING this Friday!!! NIO has 2 factories being built as we speak, hundreds more battery swap stations built this year, and 3 new cars being built next year, including a new BRAND to sell to the mass market from $25,000-$32,000. What would you call a stock that has tons of stuff going for it, and hasn't been going up? I say WAY undervalued! NIO makes more $ by Battery Subscriptionĩ4. Customers save money by purchasing NIO EV w/o batteryĨ3. CATL battery Supplier secured materialsĨ2. Sinopec largest Oil/Gas Supplier in Chinaħ8. NIO coming to France, Germany, Norway & Amsterdamħ2.
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