On May 20, 2022, NIO successfully listed its Class A ordinary shares on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) under the stock code "NIO", making NIO the first auto company listed on three Exchanges and the first Chinese company listed in the United States, Hong Kong and Singapore. NIO opens USD16.9，its market cap USD33.23B.
"Today marks a new milestone for NIO. The listing on the SGX is of great importance to NIO's global business development. NIO has further strengthened its footing in the global capital markets with Singapore's strategic significance. Moreover, we will also leverage Singapore's advantageous position as an international financial and technology center. By collaborating with science and research institutions and establishing NIO's R&D center for AI and AD in Singapore, we will further broaden and enhance our global R&D footprint," said William Li, founder, chairman and chief executive officer of NIO.
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NIO Inc. is a global smart electric vehicle company. Founded on November 25, 2014, NIO’s mission is to shape a joyful lifestyle by offering high-performance smart electric vehicles and being the best user enterprise. NIO has established R&D centers, manufacturing, sales and service facilities in Shanghai, Hefei, Beijing, Nanjing, San Jose, Munich, Oxford, Oslo and other places. NIO has initially set up the user service network with nationwide coverage in China and began its global market entry since 2021.
In 2015, NIO Formula E team won the inaugural FIA Formula E Drivers' Championship. In 2016, NIO launched the EP9, one of the world's fastest electric vehicles. In 2017, NIO unveiled its vision car, EVE. On June 28, 2018, NIO began deliveries of the ES8, a 7-seater high-performance flagship smart electric SUV. On September 12, 2018, NIO went public on New York Exchange (NYSE). On March 10, 2022, NIO listed on the Main Board of the Stock Exchange of Hong Kong (HKEX).
On May 20, 2022, NIO listed on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST).
From 2018 to 2021, NIO delivered 11,348, 20,565, 43,728 and 91,429 electric vehicles, respectively. As of May 15, 2022, the cumulative delivery of NIO's mass-produced vehicles exceeded 200,000 units.
For the year ended December 31, 2019, 2020 and 2021, the company had total revenue of RMB7.82 billion, RMB16.26 billion and RMB36.14 billion, total gross margin of -15.3%, 11.5% and 18.9%, and net loss of RMB11.3 billion, RMB5.3 billion and RMB4.0 billion respectively.
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