Delivery growth could remain muted in Q4

jayc
2022-02-25

$NIO Inc.(NIO)$'s management had noted during Q3 earnings call that their other sales were unusually high during the quarter due to the sales of regulatory EV credits ahead of time. But they expect this revenue stream to shrink going forward as the price of these credits drops with the rapid electric vehicle penetration in China.

This year, basically, we believe the number of the credits we receive will increase. But this year, the penetration rate of the EV has increased very rapidly. This probably is going to change the situation for next year regarding the regulatory credit sales. According to my personal estimation, I think considering all those factors, the price of the EV credit is going to be different or probably going to be lower, compared with this year's price... Almost, majority of the EV credit sales was realized in Q3. So, in Q4, we don't expect a significant revenue from this part.

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Comments

  • DanZillaXD
    2022-02-26
    DanZillaXD
    A good progress to show that NIO is going in the right path.
  • Andaru
    2022-02-28
    Andaru
    when growth stocks go down, won't bonds go up instead? if you check, the bond yield have been increasing
  • Dazza7
    2022-02-27
    Dazza7
    Would reluctantly agree on this given the current situation in the world now
  • th0mastan
    2022-02-26
    th0mastan
    Even if the deliveries are good, the share price movement would be overshadowed by the uncertainty over chinese regulations
  • Shan_2021
    2022-02-28
    Shan_2021
    Is Nio. Hype or will it really can compete Tesla and other US starup eV xompanies
  • BryanChua17
    2022-02-27
    BryanChua17
    Has NIO bottom out?
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