Latest news with #ONVO
Yahoo
24-07-2025
- Automotive
- Yahoo
Will the ONVO L90's Fast Market Entry Boost NIO's Competitive Edge?
NIO Inc.'s NIO sub-brand ONVO, which focuses on the family vehicle segment, started offering test drives for its upcoming L90 flagship electric SUV in China on Wednesday. Nearly 600 L90 units became available for test drives at more than 400 Onvo showrooms across 140 has officially announced that the L90 will launch on July 31. This is the first time the company has disclosed a specific date. Pre-sales for the large all-electric SUV began on July 10, 2025, and the deliveries would start on Aug. 1, L90 is set to be one of the fastest-to-market models in NIO's lineup. The pre-sale price of L90 starts at RMB 279,900 with an 85-kWh battery. Under the Battery-as-a-Service rental option, the starting price is reduced to RMB 193,900. It is expected that the price may drop further upon official launch, a common practice in China's EV positioned as a value offering, the L90 comes equipped with high-end features such as 900V fast charging, an AR head-up display, adjustable air suspension, a built-in smart refrigerator and Level 2+ driver assistance systems powered by Nvidia's Orin-X chip. To keep costs down without compromising on quality, NIO leveraged existing platforms and powertrains in the L90's design. NIO carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Recent Launches by NIO's Competitors Li Auto Inc. LI will unveil its electric SUV, the Li i8, on July 29. Li Auto started pre-sales for the model on July 17 with a starting price estimated between RMB 350,000 and RMB 400,000. With support for 5C fast charging, the vehicle significantly reduces downtime at charging stations. Although slightly more compact than NIO's ONVO L90, the i8 surpasses it in both battery capacity and Inc. XPEV officially launched the G7 earlier this month, its first all-new model of the year, at a competitive starting price of RMB 195,800. This represents a reduction from the initial pre-sale price of RMB 235,800 announced on June 11. XPeng G7 is offered in three configurations. The G7 is the first model to feature XPeng's proprietary Turing AI smart driving chip, which delivers up to 2,250 TOPS of computing power, the highest among electric vehicles currently on the market for intelligent driving systems. NIO's Price Performance, Valuation and Estimates NIO has outperformed the Zacks Automotive-Domestic industry year to date. NIO shares have gained 14.9% against the industry's decline of 7.2%. YTD Price Performance Image Source: Zacks Investment Research From a valuation perspective, NIO appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.66, higher than its industry's 0.45. Image Source: Zacks Investment Research EPS Estimates Revision The Zacks Consensus Estimate for 2025 EPS has moved up 16 cents in the past 60 days. The Zacks Consensus Estimate for 2026 EPS has moved down a penny in the past 30 days. Image Source: Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIO Inc. (NIO) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Automotive
- Yahoo
NIO (NIO) Jumps 10.8% on New Vehicle Launch
We recently published . NIO Inc. (NYSE:NIO) is one of Tuesday's top performers. NIO Inc. rallied for a second day on Tuesday, jumping 10.84 percent to close at $5.01 apiece as investors cheered the upcoming launch of a new vehicle next week. On July 31, NIO Inc. (NYSE:NIO) is slated to unveil its vehicle L90, the second variant under its mass market sub-brand Onvo, to be followed by a five-seater L80 in the fourth quarter of the year. Meanwhile, a refreshed ES8 SUV will also be launched in late September. According to a report quoting NIO Inc. (NYSE:NIO) marketing head Pu Yang, the company will 'go full throttle' starting this week. Last month, NIO Inc. (NYSE:NIO) achieved a 17.5-percent increase in the number of vehicle deliveries last month, at 24,925. The deliveries consisted of 14,593 vehicles from the premium smart electric vehicle brand NIO; 6,400 from the family-oriented smart electric vehicle brand ONVO; and 3,932 from the small smart high-end electric car brand FIREFLY. A fleet of eco-friendly electric cars, a symbol of the company's commitment to sustainability. In the second quarter alone, NIO Inc. (NYSE:NIO) was able to deliver 72,056 vehicles, or an increase of 25.6 percent year-on-year. Cumulative deliveries reached 785,714 as of June 30, 2025. While we acknowledge the potential of NIO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
17-07-2025
- Automotive
- Business Insider
Do Analysts See More Upside in NIO Stock After the Recent Rally?
Nio (NIO) stock has risen 21% over the past month, as investors cheered the Chinese electric vehicle (EV) maker's efforts to improve margins, new launches, and resilient deliveries. However, NIO stock is still down 2.5% year-to-date amid intense competition in the Chinese EV market, macro challenges, and an uncertain path to profitability. Despite improved investor sentiment, most Wall Street analysts remain cautious on NIO stock and see a modest upside potential from current levels. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Analysts Are Cautious on NIO Stock Nio delivered 24,925 vehicles in June 2025, reflecting a year-over-year increase of 17.5%. Overall, the company's Q2 deliveries grew 25.6% year-over-year to 72,056 units. The company is optimistic about its upgraded models, including the ET5 Sedan and ET5 Touring, the recently launched ONVO L90, and upcoming launches, such as the L80 in Q4 2025. However, profitability concerns continue to weigh on Nio. Despite higher sales, the company reported a wider-than-anticipated loss for Q1 2025. Recently, Morgan Stanley analyst Tim Hsiao reiterated a Buy rating on NIO stock with a price target of $5.90. Reacting to the launch of the ONVO L90 SUV, Hsiao noted that the deliveries for this model will commence on August 1. He also noted the various features of the L90 and stated that although he 'strongly' recognizes the new model's advantages in a competitive market, 'beating market expectations isn't without challenges considering ONVO's unsatisfactory track record of execution and inferior brand awareness.' Hsiao believes that it would require additional effort for ONVO to leverage L90 and the upcoming L80 to overcome these shortcomings. Last month, Goldman Sachs analyst Tina Hou upgraded NIO stock to Hold from Sell and slightly increased the price target to $3.80 from $3.70. The 4-star analyst upgraded the rating on NIO stock on early signs that the Chinese EV maker's operating cost cuts may help address margin pressures. Hou noted that the company is targeting 20% to 25% of operating expenses savings through various initiatives, including integration across business units and headcount reductions. However, Hou remains sidelined on NIO stock due to cash flow concerns, high debt levels, and volume growth amid rising competition in the EV industry. Is Nio Stock a Buy, Hold, or Sell? Overall, Wall Street is sidelined on NIO stock based on six Holds, two Buys, and one Sell recommendation. The average NIO stock price target of $4.50 indicates a 6% upside potential from current levels.
Yahoo
16-07-2025
- Automotive
- Yahoo
Will NIO's Multi-Brand Strategy Come to Fruition With ONVO in 2025?
NIO Inc. NIO introduced its smart electric vehicle sub-brand, ONVO, in May 2024, to kick-start the company's transition into a multi-brand strategy. Designed to deliver an optimized ownership experience and exceptional value, ONVO's first model, the L60, officially entered the market on Sept. 28, 2024. Praised for its safety, spaciousness, class-leading energy efficiency and user-friendly charging experience, the L60 has resonated strongly with family customers. In the first four months of 2025, the ONVO L60 ranked among the top three best-selling battery electric vehicles in the RMB 200,000-300,000 price range. In the second quarter of 2025, the ONVO brand delivered 17,081 units, up from 14,781 vehicles delivered in the first quarter of brand's second model, the L90, a flagship large family SUV, will debut at the end of July, with deliveries commencing on Aug. 1, 2025, in China. A third ONVO SUV is set to launch in the fourth quarter, completing a more comprehensive SUV portfolio aimed at mass-market strong product reception, ONVO's overall sales performance this year has fallen short of the company's expectations, partly due to amortization and other financial pressures. Managing ONVO's operations and vehicle margins has proven challenging for the company. The key driver of gross vehicle margin for the ONVO brand is not expected to materialize until the third quarter. The company projects ONVO's 2025 vehicle margin to be approximately 15%, lower than the vehicle margin of 20% expected from the NIO brand. NIO carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks slower-than-expected EV adoption and the launch of affordable models, competition in the EV market is intensifying. NIO ONVO L60 is currently competing with Tesla's TSLA Model Y and XPeng's XPEV G6. Tesla Model 3/Y has reported a year-over-year decline in second-quarter deliveries due to lower demand amid rising competition. Tesla delivered 373,728 Model 3/Y in the second quarter of 2025, down from 422,405 units in the corresponding quarter of 2024. Priced at $14,000 less, NIO ONVO L60 has emerged as a strong budget-friendly rival of Tesla Model Y. On Feb. 26, XPeng unveiled official images of its refreshed 2025 G6 model. One of the G6's key competitive strengths over rivals like the ONVO L60 is its pricing. The XPeng G6 580 Long Range Plus is available for under 180,000 RMB. In comparison, the ONVO L60 60kWh rear-wheel-drive variant requires an upfront payment of nearly 150,000 RMB, plus a monthly battery rental fee of 599 RMB. NIO's Price Performance, Valuation and Estimates NIO has outperformed the Zacks Automotive-Domestic industry year to date. NIO shares have lost 2.5% compared to the industry's decline of 6.5%. YTD Price Performance Image Source: Zacks Investment Research From a valuation perspective, NIO appears overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.56, higher than its industry's 0.45. Image Source: Zacks Investment Research EPS Estimates Revision The Zacks Consensus Estimate for 2025 and 2026 EPS has moved up 2 cents and down 3 cents, respectively, in the past 30 days. Image Source: Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report NIO Inc. (NIO) : Free Stock Analysis Report XPeng Inc. Sponsored ADR (XPEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Automotive
- Yahoo
NIO (NIO) Delivers 24,925 Vehicles in June 2025, Up 17.5% Year-Over-Year
NIO Inc. (NYSE:NIO) is . On July 1, 2025, NIO Inc. shared its latest car delivery numbers. In June, it sold 24,925 vehicles—17.5% more than the same time last year. These included cars from its main NIO brand, the family-friendly ONVO brand, and its smaller high-end brand FIREFLY. An engineer examining an electric vehicle design in a lab, showing the company's innovative battery systems. For the second quarter of 2025, NIO delivered 72,056 cars in total, up 25.6% year-over-year. By the end of June, the company had delivered 785,714 vehicles overall. NIO also received top rankings in the 2025 J.D. Power studies. Its ET5 and ET5T models were rated highest among mid-size electric cars, and the EC6 led the premium category. NIO has now maintained top-quality rankings in its class for seven consecutive years. NIO Inc. (NYSE:NIO) is a Chinese electric vehicle (EV) manufacturer. It designs, manufactures, and sells premium smart EVs. NIO also offers battery-swapping services, as well as home and mobile charging solutions and autonomous driving technologies. Its brands include NIO, ONVO, and Firefly, targeting different market segments. While we acknowledge the potential of NIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Nuclear Energy Stocks to Invest in for the Next Decade and 10 Best Healthcare Penny Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey.
