- NIO (SGX:NIO), a leading player in the premium EV segment (vehicles priced above RMB300k), is seeing strong demand for its ONVO brand models in recent months.
Easing production constraints to lift sales.
- - Read this at SGinvestors.io -
- Production output is now expected to increase as the supply of key components and batteries improves. As such, monthly shipments could exceed 40k units in 4Q, compared to average monthly deliveries of 30k units in 3Q.
Expect increased supply of components and battery to boost 4Q production.
- - Read this at SGinvestors.io -
- Taking into account the combined July-August deliveries of 52,000 units (+29% y-o-y) and factoring in near-term production bottlenecks, management has guided for 3Q25 deliveries of 87,000-91,000 units (up 41%-47% y-o-y) and revenues of RMB21.8-22.9bn (up 17%-23% y-o-y).
- Vehicle shipments in 4Q could potentially reach 40k-50k units per month compared to average monthly deliveries of ~30k in 3Q.
Financial outlook improvement.
- Read more at SGinvestors.io.
