Movement Alert|NIO Rises 5.54% Overnight, Management Signals 40% to 50% Full-Year Growth Backed by Strong Delivery Data

Market Focus06-18

On June 18, NIO rose 5.54% overnight, trading at $5.32/share, with turnover of $2.3373 million.

On the news front, NIO Chairman Li Bin stated at a recent public forum that the company expects to achieve 40% to 50% growth this year, noting that NIO has entered its third phase of high-quality development. Operationally, NIO delivered 150,000 vehicles from January through May across its three brands — NIO, ONVO, and FIREFLY — representing a combined year-over-year increase of 68.7%. Financially, the company achieved its first quarterly profit in Q4 last year with an adjusted operating profit of RMB 1.25 billion, and sustained profitability into Q1. Additionally, the deployment of NIO's self-developed chips is saving approximately RMB 10,000 in hard costs per vehicle, further strengthening the company's margin profile. These multiple positive catalysts collectively bolstered market confidence in NIO's growth trajectory and profitability outlook.

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