Sign up now and fund within 24h to get free NKE, GPRO or DBX stock. T&Cs apply.
Redeem Now
Stake logo

NIO Inc.

1 day chart

Kickstart your portfolio with a U.S. stock on us

Sign up and fund a new Wall St account and get a full share randomly chosen between GoPro, Dropbox or Nike.

Sign up and fund a new Wall St account and get a full U.S. share.

T&Cs apply
Claim now
Kickstart your portfolio with a U.S. stock on us

About NIO

NIO Inc is a China-based holding company principally engaged in the research, development and manufacturing of premium smart electric vehicles. The Company is mainly engaged in the design, development, manufacture and sales of high-end smart electric vehicles. The Company's products mainly include ES8, ES6, EC6 and ET7. The Company develops battery swapping technologies and autonomous driving technologies. Its electric vehicles apply NAD (NIO Autonomous Driving) technology, including super computing platform NIO Adam and super sensing system NIO Aquila. The Company is also engaged in the provision of charging piles, vehicle internet connection services and extended lifetime warranties. The Company mainly conducts its businesses in the domestic market.

Buy US stocks in Australia starting with NIO. Open an account and start investing today!

Market Capitalisation

$9.71B

Price-earnings ratio

-

Dividend yield

0.00%

Volume

17.39M

High today

$4.74

Low today

$4.56

Open price

$4.68

52-week high

$16.18

52-week low

$4.45


What is NIO and what does it do?

China’s answer to Tesla. That's how NIO is often described. 

Founded by William Li in 2014 and originally known as NextEV, NIO Inc. is a Chinese designer, developer and manufacturer of smart electric vehicles (EVs).

NIO offers consumers a range of electric sedans and SUVs, battery recharging and upgrading convenience through their proprietary battery swapping technology, a battery subscription service (BaaS) as well as autonomous driving innovations.

Much like Tesla, NIO also offers consumers greener domestic power solutions such as Power Home.

NIO’s Chinese name, Weilai, translates as “Blue Sky Coming.”

Is NIO profitable?

No, NIO is not profitable at this time. 

Since it went public in 2018, NIO’s operating income has been up and down but always in negative territory. 

NIO’s operating income sat at minus US$1.4b, minus US$1.6b and minus US$705m for 2018, 2019 and 2020 respectively.

How does NIO compare to Rivian (RIVN) or Tesla (TSLA)?

At this time, both Tesla and Rivian sell EVs internationally while the overwhelming majority of NIO’s EV sales are in China. A tiny sliver of NIO’s sales are made in Norway.

Tesla reached profitability with US$80m in FY2019, while NIO and Rivian are not there yet.

Is NIO listed in the USA?

Yes, NIO is listed on the New York Stock Exchange.

As of 10th March 2022, NIO also has a secondary listing on the Hong Kong Stock Exchange under ticker code 9866.

How much does a NIO car cost?

Nio’s flagship premium electric SUV, the ES8, comes in two models: a six-seater and seven-seater. Pre-subsidy prices begin at: 

  • RMB 468,000 (US$68.9k) for ES8’s six-seater 

  • RMB 476,000 (US$70.1k) for ES8’s seven-seater 

Nio’s five-seater high-performance premium smart electric SUV, the ES6 comes in Sporty, Performance and Signature editions. The ES6’s pre-subsidy prices begin at:

  • RMB 358,000 (US$52.7k) for Sporty

  • RMB 398,000 (US$58.6k) for Performance

  • RMB 468,000 (US$68.9k) for Signature

Nio’s smart electric coupe SUV, the EC6, also comes in Sporty, Performance and Signature models. The EC6’s pre-subsidy prices begin at:

  • RMB 368,000 (US$54.2k) for Sporty

  • RMB 408,000 (US$60.1k) for Performance

  • RMB 468,000 (US$68.9k) for Signature

Nio’s newest vehicles, the ET5 (mid-size electric sedan) and ET7 (flagship premium sedan) will begin at RMB 328,000 and 448,000 respectively. The ET5 and ET7 are not yet available in China.

Who are some big investors in NIO?

Founder, Chairman and CEO William Li is NIO’s biggest investor, holding 10.03% of NIO’s total stock.

NIO’s other largest investors are institutional, with their ownership currently totaling 33.6% of NIO’s total stock. Some of these institutions include Tencent Holdings (8.2%), Baillie Gifford & Co. (5.38%), BlackRock (3.88%) and The Vanguard Group (2.83%). 

Is NIO a good investment?

While NIO is an unprofitable company, its revenue has been on an upward trend leaping from US$700m in FY2018 to US$1.1b in 2019 to US$2.5b in 2020.

However, a Chinese regulatory crackdown on tech companies that began in November 2020 has seen NIO’s share price drop over 70% from above US$50 down to US$14.

Many investors believe that to own NIO you need a strong understanding of China’s government, regulations and economy.

Ready to start your investing journey with Stake?

Open an account

NIO FAQs

Yes, the Stake platform allows you to buy NIO shares and over 12,000 stocks and ETFs across the ASX and Wall St.

One share of NIO Inc. is valued at $4.59.

The ticker symbol for NIO Inc. is NIO.

To buy NIO stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake Wall St
  3. Deposit directly into your Stake wallet and you're ready to invest in NIO

The NIO Inc. 52-week high stock price is $16.18.

The NIO Inc. 52-week low stock price is $4.45.

As of 28/03/2024 NIO Inc. has a market cap of $9.71B.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

Invest in NIO
on Stake

Buy NIO from US$3 brokerage

Invest in 9,500+ U.S. stocks and ETFs

Own a slice of NIO from only US$10 with fractional shares

Get started
Canstar award phone
NIO related stocks

Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2024 Stake. All rights reserved.