NIO Inc (NIO) is scheduled to announce Q2 2022 earnings on Wednesday, 07 September 2022, before market open. Wallstreet estimates an EPS of $-0.16 and a revenue of $1.42 B in the upcoming results. Historically, NIO Inc beated EPS estimates 40% of the times.
About NIO Inc
NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater electric SUVs. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers charging solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Mobile, a mobile charging service through charging trucks; and Power Express, a 24-hour on-demand pick-up and drop-off charging service. Further, it provides value-added services, such as statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance services; courtesy car services during lengthy repairs and maintenance; and roadside assistance, as well as data packages. The company has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles, as well as with Mobileye Technologies Limited to co-develop technology for advanced driver assistance systems and autonomous driving; and collaboration agreements with various manufacturers for the manufacture of ES8, a six or seven-seater high-performance electric SUV. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China.