Morgan Stanley Reiterates Overweight Rating on NIO (NIO), Comments on December Deliveries
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NIO Inc. (NIO) Delivered 25,034 Vehicles in Q4, 44.3% Growth YoY
January 3, 2022 5:56 AM ESTNIO Inc. (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced its December, fourth quarter and full year 2021 delivery results.
NIO delivered 10,489 vehicles in December 2021, increasing by 49.7% year-over-year. The deliveries consisted of 2,782 ES8s, the Companys six- or seven-seater flagship premium smart electric SUV, 4,939 ES6s, the Companys five-seater high-performance premium smart electric SUV, and 2,768 EC6s, the Companys five-seater premium smart electric coupe SUV. NIO delivered 25,034 vehicles in the fourth quarter of 2021, a new record-high quarterly delivery representing an increase of 44.3%... More
NIO Inc. (NIO) Announces Repurchase Right Notification for 2024 Convertible Senior Notes
January 3, 2022 5:43 AM ESTNIO Inc. (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it is notifying holders of its 4.50% Convertible Senior Notes due 2024 (CUSIP No. 62914VAB2; G6525FAA0) (the Notes) that pursuant to the Indenture dated as of February 4, 2019 (the Indenture) relating to the Notes by and between the Company and The Bank of New York Mellon, as trustee, each holder has the right, at the option of such holder, to require the Company to repurchase all of such holders Notes or any portion thereof that is an... More
