Loading...
Market
What will be Nio's revenue for Q4 2024?
3
Resolution / Starting Odds
$2 billion to $2.5 billion • 25%
$2.5 billion to $3 billion • 25%
Less than $2 billion • 25%
$2 billion - $2.5 billion • 25%
$2.5 billion - $3 billion • 25%
More than $3 billion • 25%
Nio's quarterly earnings report
Story
Nio Secures $1.9 Billion Investment, Retains 88.3% Control in China Unit
Oct 1, 2024, 03:43 AM
Chinese electric vehicle maker Nio has secured a significant investment of RMB 3.3 billion ($471 million) from a group of state-owned strategic investors, including Hefei Jianheng, Anhui Provincial Emerging Industry Investment, and CS Capital. This investment is part of a larger RMB 13.3 billion ($1.9 billion) injection into Nio China, with Nio itself contributing RMB 10 billion ($1.4 billion). Nio will hold 88.3 percent of controlling equity interest in Nio China, while the strategic investors will hold 11.7 percent. The funds will be used to expand Nio's charging and battery-swapping infrastructure. Following the announcement, Nio's stock surged, reflecting investor confidence in the company's growth prospects. Additionally, Nio's sub-brand Onvo has started delivering the L60 model, with 832 units delivered in September. Nio reported record deliveries of 21,181 vehicles in September and 61,855 vehicles in Q3 2024, marking an 11.6% year-on-year increase.
View original story
Similar markets
Below $3 billion • 25%
$3 billion - $3.5 billion • 25%
$3.5 billion - $4 billion • 25%
Above $4 billion • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Below $25 billion • 25%
$25-30 billion • 25%
$30-35 billion • 25%
Above $35 billion • 25%
Less than 150,000 • 25%
150,000 to 200,000 • 25%
200,000 to 250,000 • 25%
More than 250,000 • 25%
Below $50 million • 25%
$50 million to $100 million • 25%
$100 million to $150 million • 25%
Above $150 million • 25%
Above $50 billion • 33%
$40 billion to $50 billion • 33%
Below $40 billion • 34%
Less than $13 billion • 25%
$13 billion to $14 billion • 25%
$14 billion to $15 billion • 25%
More than $15 billion • 25%
Less than $2 billion • 25%
$2 billion to $3 billion • 25%
$3 billion to $4 billion • 25%
More than $4 billion • 25%
Below $24 billion • 25%
$24 billion - $25 billion • 25%
$25 billion - $26 billion • 25%
Above $26 billion • 25%
Tesla • 33%
BYD • 33%
Nio • 33%
Other • 1%
Below 150,000 • 25%
150,000 - 160,000 • 25%
160,000 - 170,000 • 25%
Above 170,000 • 25%