Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
10/4/2024 | $25.00 → $33.00 | Outperform → Neutral | Macquarie | |
9/6/2024 | $5.30 → $8.00 | Neutral → Overweight | JP Morgan | |
9/5/2024 | Peer Perform | Wolfe Research | ||
9/5/2024 | $8.00 → $11.50 | Neutral → Overweight | JP Morgan | |
9/4/2024 | Buy → Neutral | Citigroup | ||
8/30/2024 | Neutral → Outperform | Macquarie | ||
6/25/2024 | $7.70 → $8.30 | Sell → Neutral | Citigroup | |
5/23/2024 | $11.00 | Neutral → Buy | Daiwa Securities |
NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-yearCumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024 SHANGHAI, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced its January 2024 delivery results. NIO delivered 10,055 vehicles in January 2024, increasing by 18.2% year-over-year. The deliveries consisted of 6,307 premium smart electric SUVs, and 3,748 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 459,649 as of January 31, 2024. NIO has opened up its
GUANGZHOU, China, Dec. 06, 2023 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced, further to the Company's news release dated July 26, 2023, in connection with the share purchase agreement for strategic minority investment by Volkswagen (China) Investment Co., Ltd. ("Volkswagen") and its affiliate, Volkswagen Finance Luxemburg S.A. ("Volkswagen Nominee"), the Company has issued an aggregate of 94,079,255 Class A ordinary shares (the "Subscription Shares"), representing approximately 4.99% of the total issued and outstanding share capital of the Company immediately following the issuance, to
SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that Professor Yonggang Wen has been appointed as a new independent director to the Company's board of directors (the "Board"), effective November 13, 2023. "We are delighted to welcome Professor Wen to the Board of NIO. With his outstanding academic background, combined with his expertise in cloud computing and computational sustainability, and passion for innovative technologies, Professor Wen brings unique perspectives to the Board," said William Bin Li, chairman of the Boar
6-K - XPENG INC. (0001810997) (Filer)
6-K - Li Auto Inc. (0001791706) (Filer)
6-K - NIO Inc. (0001736541) (Filer)
Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16th at 8 AM ET NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B software-focused auto services and auto e-insurance in China, today provided a business update and reported financial results for the first half of fiscal year 2024. First Half 2024 Financial Results Total revenue increased by 27% to $203.1 million for the six months ended June 30, 2024, from $159.4 million for the six months ended June 30, 2023.Auto Services ' revenue increased by 9% to $107.5 million for the six mo
Quarterly Total Revenues reached RMB17,446.0 million (US$2,400.6 million)iQuarterly Vehicle Deliveries were 57,373 units SHANGHAI, Sept. 05, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the second quarter ended June 30, 2024. Operating Highlights for the Second Quarter of 2024 Vehicle deliveries were 57,373 in the second quarter of 2024, consisting of 32,562 premium smart electric SUVs and 24,811 premium smart electric sedans, representing an increase of 143.9% from the second quarter of 2023, and an inc
Quarterly total revenues reached RMB31.7 billion (US$4.4 billion)1Quarterly deliveries reached 108,581 vehicles BEIJING, China, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015))), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2024. Operating Highlights for the Second Quarter of 2024 Total deliveries for the second quarter of 2024 were 108,581 vehicles, representing a 25.5% year-over-year increase. 2024 Q2 2024 Q1 2023 Q4 2023 Q3 Deliveries 108,581 80,400 131,805 105,108 2023 Q2 2023 Q1 2022 Q4 2022 Q3 Deliveries 86,533 52,584 46,319 26,524
SC 13D/A - NIO Inc. (0001736541) (Subject)
SC 13G/A - NIO Inc. (0001736541) (Subject)
SC 13D/A - XPENG INC. (0001810997) (Subject)
On Tuesday after market close, Tesla Inc (NASDAQ:TSLA) reported its second quarter results, missing earnings expectations. Upon the disappointing results, Tesla shares fell more than 8% during premarket trading on Wednesday, pulling down the shares of its rivals, Rivian Automotive Inc (NASDAQ:RIVN), Lucid Group Inc (NASDAQ:LCID), BYD Company Limited (OTC:BYDDY), Nio Inc (NYSE:NIO) and XPeng Inc (NYSE:XPEV). Second Quarter Highlights For the quarter that ended on June 30th, Tesla reported its automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines and first-ever consecutive quarters of declining sales volume. Tesla responded to slowin
NIO Inc. (NYSE:NIO) shares are trading lower in the premarket session on Wednesday. The negative price movement of NIO follows EV behemoth Tesla, Inc. (NASDAQ:TSLA), which fell sharply in premarket trading, with the pullback coming after the company reported its second-quarter results. Tesla reported second-quarter earnings per share that trailed expectations. The company expects vehicle production to be sequentially higher in the third quarter but 2024 vehicle growth to be slower than in 2023. In another development, NIO, the EV behemoth’s Chinese electric vehicle rival, is gearing up to introduce NOMI GPT. This virtual AI-powered voice assistant will debut on NIO’s second-generati
Macquarie downgraded Li Auto from Outperform to Neutral and set a new price target of $33.00 from $25.00 previously
JP Morgan upgraded NIO from Neutral to Overweight and set a new price target of $8.00 from $5.30 previously
Wolfe Research resumed coverage of NIO with a rating of Peer Perform
Company Achieved New Record-High Quarterly Deliveries ONVO L60 started deliveries in late September 202421,181 vehicles were delivered in September 2024, increasing by 35.4% year-over-year61,855 vehicles were delivered in the three months ended September 2024, increasing by 11.6% year-over-yearCumulative deliveries reached 598,875 as of September 30, 2024 SHANGHAI, Oct. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced its September and third quarter 2024 delivery results. The Company delivered 21,181 vehicles in September 2024, representing an in
Deliveries in September 2024 set a new monthly record of 21,352 units, a 39% increase year-over-yearThe first month of deliveries of XPENG MONA M03 exceeded 10,000 units in September46,533 units delivered in Q3 2024, a 16% increase year-over-year GUANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for September and the third quarter 2024. In September 2024, XPENG delivered 21,352 Smart EVs, a new record for monthly deliveries, representing increases of 39% year-over-year and 52% over the prior month. At the same time, the f
SHANGHAI, Sept. 29, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced that it has entered into definitive agreements for investment in NIO Holding Co., Ltd., a PRC subsidiary in which it holds 92.1% controlling equity interest ("NIO China"), with Hefei Jianheng New Energy Automobile Investment Fund Partnership (Limited Partnership), Anhui Provincial Emerging Industry Investment Co., Ltd. and CS Capital Co., Ltd. (collectively, the "Strategic Investors"), pursuant to which the Strategic Investors will invest an aggregate of RMB3.3 billion in cash (the "St