Latest news with #Onvo
Yahoo
6 days ago
- Automotive
- Yahoo
Nio Builds 800,000th Car; Onvo's L90 SUV Marks the Milestone
Nio (NIO, Financials) just hit a major milestone; its 800,000th vehicle rolled off the line this week and it's not just any car. The landmark model is the L90 SUV from Onvo, Nio's new sub-brand aimed at the family EV market. Warning! GuruFocus has detected 3 Warning Signs with NIO. Built at the F1 factory in Hefei which Onvo currently shares with Nio the L90 is set to launch officially on July 31; first deliveries begin the very next day. Pre-orders opened earlier this month starting at RMB 279,900 ($39,040); with the battery rental plan, buyers can get in at RMB 193,900 a strategy that's become common in China's highly competitive EV market. CEO William Li said the 800,000th unit isn't just a milestone it's a launchpad. Nio is now aiming for the big 1 million mark; the company plans to scale up fast with its new F3 factory coming online in September. The L90's production line shows how far Nio's tech has come. It uses the company's new AI-powered Tiantan self-inspection system, which runs over 1,000 quality checks in just three minutes; the line also features advanced mixed-material manufacturing combining aluminum and ultra-strong steel for a lighter, safer frame. Test drives started this week; nearly 600 demo vehicles are now spread across more than 400 Onvo showrooms in 140 cities. And while the L90's pricing may dip further at launch a common move to undercut rivals the buzz has already begun. This article first appeared on GuruFocus.
Yahoo
6 days ago
- Automotive
- Yahoo
Nio Opens Orders for Onvo L90; $27K Price Undercuts EV Rivals
Nio (NIO, Financials) opened pre-orders in China for its latest electric SUV the Onvo L90 a three-row, tech-loaded family EV starting at just $27,000; deliveries begin Aug. 1. Warning! GuruFocus has detected 3 Warning Signs with NIO. The Onvo L90, unveiled Thursday, starts at RMB 193,900 ($27,000) under Nio's battery-rental model; customers who prefer to buy the battery can expect to pay RMB 279,900 ($39,000). The SUV features six- and seven-seat layouts, a floating 17.2-inch infotainment screen, rear-seat entertainment, three-zone climate control and yes, a built-in refrigerator. The vehicle is powered by an 85-kWh pack, offering a CLTC-rated range of 605 km (367 miles); it runs on Nio's next-gen 900V platform for improved efficiency just 14.5 kWh per 100 km. Buyers can choose between rear- and all-wheel drive; the AWD version hits 0 to 100 km/h in just 4.7 seconds, with up to 590 horsepower. Nio is offering early buyers a sweetener; customers placing a RMB 2,000 deposit get RMB 10,000 in combined credits split between vehicle cost and optional upgrades. The L90 will compete directly with Li Auto's higher-priced L9, which starts at over $57,000. Nio says the L90 is the lightest full-size three-row SUV in its class; it weighs under 5,000 pounds, lighter than Lucid Gravity's nearly 6,000-pound curb weight. The L90 is Onvo's second EV; it follows the smaller L60, launched last year. Quick Take See insider trades. Check Peter Lynch chart. This article first appeared on GuruFocus.
Yahoo
6 days ago
- Automotive
- Yahoo
Here's Why Nio Stock Is a Buy Before September
Key Points Nio's stock still trades far below its IPO price. Its valuations are being compressed by the trade tensions with China. It could skyrocket if it weathers those headwinds and scales up its business. 10 stocks we like better than Nio › Nio (NYSE: NIO), a major producer of electric vehicles (EVs) in China, has been a disappointing investment over the past few years. Its stock currently trades at about $5 compared to its initial public offering (IPO) price of $6.26 per American depositary share (ADS) in September 2018 and its record closing price of $62.84 in February 2021. Nio initially impressed the bulls with its soaring deliveries, and the buying frenzy in meme stocks amplified those gains. However, its stock pulled back as its deliveries slowed down, and it racked up steep losses. Rising rates drove investors back toward safer investments. The trade war between the U.S. and China made its stock even less appealing. But as Warren Buffett famously said, investors should be "greedy when others are fearful," and there's a lot of fear baked into its current stock price. Let's take a contrarian view and see why Nio's stock could be worth buying ahead of its second-quarter report in early September. 1. Its battery-swapping network is expanding Nio produces a wide range of electric sedans and SUVs under its namesake brand. Its newer Onvo and Firefly sub-brands sell cheaper SUVs and compact cars, respectively. It differentiates its vehicles from other Chinese EVs with its swappable batteries, which can be quickly swapped out at its power swap stations as a faster alternative to traditional chargers. Its drivers can pay for those battery swaps on an individual basis or subscribe to a "battery as a service" (BaaS) plan for lower rates. At the end of June, Nio operated 3,445 power swap stations across China and Europe. That's up from just 777 stations at the end of 2021. Expanding that network is a capital-intensive effort, but it should increase the stickiness of its brand, widen its moat against its competitors, and plant the seeds for higher-margin recurring BaaS revenues. It's also been working with several major investors, including China's battery-making giant CATL, to fund the future growth of that network. 2. Its deliveries are rising Nio's annual deliveries more than doubled in 2020 and 2021 but only grew 34% in 2022 and 31% in 2023. That slowdown -- which it attributed to tougher competition, macroheadwinds in China, and adverse weather conditions -- spooked a lot of its investors. But in 2024, its annual deliveries rose 39% to 221,970 vehicles. That growth was driven by its robust sales of Nio ET series sedans and Onvo SUVs in China, which boosted its domestic market share against its rivals, as well as its ongoing expansion into Europe. Nio's deliveries rose 40% year over year to 42,094 vehicles in 2025's Q1. In the first half of the year, its total deliveries increased nearly 31% year over year to 114,150 vehicles as its new Onvo and Firefly brands attracted more budget-conscious consumers. Those rising deliveries indicate Nio still has plenty of room to expand in China and Europe in the coming years even if its days of doubling its annual deliveries are over. For 2025, analysts expect Nio's revenue to rise 37% to 90.2 billion yuan ($12.6 billion). From 2024 to 2027, they expect its revenue to increase at a compound annual growth rate (CAGR) of 26% to 132.7 billion yuan ($18.5 billion) as it continues to roll out new vehicles. 3. Its vehicle margins are stabilizing Nio's annual vehicle margin reached a record high of 20.1% in 2021, but it plummeted to 9.5% in 2023 as it grappled with the pricing war in China's EV market and inflationary headwinds. But in 2024, its vehicle margin rose to 12.3% as it sold a higher mix of Nio's premium sedans, diluted its production costs, and streamlined its other expenses. Nio expects its namesake brand to maintain a vehicle margin of "around 15%" for 2025's Q2. That stability should offset some of the pressure from its lower-margin Onvo and Firefly brands. It probably won't come anywhere close to achieving a 20% vehicle margin again, but its vehicle margins should continue to stabilize as economies of scale kick in. That's why analysts expect Nio to narrow its net loss from 22.7 billion yuan ($3.2 billion) in 2024 to 7.6 billion yuan ($1.1 billion) in 2027. They also expect its earnings before interest, taxes, depreciation, and amortization (EBITDA) to turn positive by the final year. 4. Its valuation looks dirt cheap Lastly, Nio still trades at a deep discount to its growth potential presumably because the tariffs and trade tensions are driving investors away from Chinese stocks. With an enterprise value of 67.9 billion yuan ($9.5 billion), it trades at just 0.8 times this year's sales. For reference, Tesla (NASDAQ: TSLA) trades at 10.9 times this year's sales. So if you expect Nio's business to stabilize with narrowing losses as the trade tensions wane, it might be a great idea to accumulate this unloved stock before it posts its Q2 earnings report. Any good news could force investors to revalue its shares and send them soaring much higher. Should you buy stock in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Here's Why Nio Stock Is a Buy Before September was originally published by The Motley Fool 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
Yahoo
18-07-2025
- Automotive
- Yahoo
Why It's Time For Nio to Go Big
Key Points One study predicts that only 15 of 129 Chinese NEV brands will be viable by 2030. Notably, those 15 brands will generate roughly 75% of China's NEV sales. China's brutal price war will eventually force consolidation. 10 stocks we like better than Nio › For investors, Nio (NYSE: NIO) has always been a swing for the fences. This young electric vehicle (EV) maker took a slightly different route, preferring to spend extensive capital and effort to build out its battery swapping stations. While mostly known for its namesake Nio premium EV brand, the company has recently launched two sub brands, Onvo and Firefly, which are expected to significantly boost deliveries as production accelerates. All that said, it's time for Nio to go big with its new brands, because according to one study, it's end-time in China for a long list of EV brands. Dire warning Consultancy AlixPartners sent a dire warning to anyone interested when it said that only 15 out of the 129 brands currently selling EVs and plug-in hybrids in China will be financially viable by 2030. That's not great news for just about any automaker outside of China's own juggernaut, BYD. Those 15 brands remaining financially viable are predicted to account for roughly 75% of China's EV and plug-in hybrid market over the same time period. By the consultancy's count, that means each of the 15 brands would be averaging roughly 1.02 million units in annual sales. This makes the industry a lucrative proposition if you survive the consolidation and bankruptcies. What's the problem? At a glance, China's new energy vehicle (NEV) market looks like it's in fine shape. During June, sales of NEVs climbed 30% and accounted for a staggering 53% of overall new-vehicle sales in China. Of that chunk of the broader market, Chinese EV brands account for 71% of NEV sales. In a way, China's EV makers are victims of their own success, and of their government's subsidies. While the overcrowded and highly competitive market has fostered incredible advances in battery technology and cost efficiency, it's also left the entire market in a brutal and unsustainable price war. The price war is making it extremely difficult to protect market share and bottom lines. Time to go big The current environment in China is ripe for a company such as Nio -- with an established premium EV brand and two new brands accelerating production and deliveries -- to boost its deliveries and either build the scale to break even, or position itself as an ideal partner for industry consolidation. Already, Nio is aiming to double its vehicle deliveries from 2024 to this year, leaving them at roughly 450,000 units. Nio is currently slightly behind pace to achieve that. If that target wasn't ambitious enough, management is also aiming to break even by the end of 2025. That would be a large and impressive task indeed, but Nio has made progress on significantly reducing costs and supporting margins despite the ongoing price war. The rest of 2025 will tell us a lot about how Nio is positioned for potential mass consolidation in the Chinese EV industry, but it sure looks like a good time to double down on its marketing, incentives, and production efficiencies to really drive its new brands to new heights. For Nio, it's time to go big and prepare for many competitors to go home. Should you buy stock in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $679,653!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,308!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Daniel Miller has no position in any of the stocks mentioned. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy. Why It's Time For Nio to Go Big was originally published by The Motley Fool
