- Investing.com
EV Market Dynamics | NIO navigates a complex landscape of fierce competition, evolving policies, and ambitious expansion plans in China's electric vehicle market |
Strategic Expansion | Explore NIO's multi-brand strategy, including Onvo and Firefly, aimed at capturing both premium and mass-market segments |
Financial Outlook | Analysts project revenue growth from 12.9% in FY23 to 49.7% in FY25, with price targets ranging from $4.00 to $8.00 |
Competitive Challenges | Delve into NIO's battle against tech giants and established automakers entering the EV space, and its efforts to maintain market position |
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In addition, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance; roadside assistance; courtesy vehicle services; data packages; and auto financing and financial leasing services. Further, the company involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.
Metrics to compare | NIO | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipNIOPeersSector | |
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P/E Ratio | −4.5x | 2.2x | 10.6x | |
PEG Ratio | −0.31 | 0.02 | 0.02 | |
Price/Book | 5.8x | 2.3x | 1.4x | |
Price / LTM Sales | 1.5x | 1.4x | 0.9x | |
Upside (Analyst Target) | 3.2% | −3.4% | 20.6% | |
Fair Value Upside | Unlock | 20.8% | 8.4% | Unlock |