NIO's Q2 Earnings Announcement Scheduled for September 5, 2024

Mark Your Calendars for Key Financial Update

Earnings Conference Call Details:

• Date: September 5, 2024
• Time: 8:00 AM US Eastern Time

NIO Inc., a leading Chinese electric vehicle manufacturer, has announced the upcoming release of its unaudited financial results for the second quarter of 2024. This highly anticipated event will take place on Thursday, September 5, 2024.

The company's management team will host a conference call at 8:00 AM US Eastern Time to discuss the financial performance, operational highlights, and future outlook for NIO. Investors, analysts, and interested parties are encouraged to participate in this call to gain insights into the company's progress and strategic direction.

NIO has been witnessing consistent growth in recent quarters, driven by strong demand for its innovative electric vehicles in China and beyond. In the first quarter of 2024, the company reported a 28.5% year-over-year increase in revenue, primarily due to higher vehicle deliveries and improved product mix. NIO's gross margin also expanded in Q1, reflecting the company's ongoing efforts to optimize its production and supply chain operations.

The upcoming Q2 earnings announcement is expected to provide further clarity on NIO's financial and operational performance amid the evolving market dynamics. Investors will be keen to assess the company's ability to navigate supply chain challenges, maintain its competitive position, and capitalize on growth opportunities in the rapidly expanding electric vehicle market.

Analysts are forecasting that NIO will report another quarter of solid financial results, driven by continued strong demand for its electric vehicles and the company's ongoing expansion plans. They will also be closely monitoring the company's guidance for the remainder of 2024 and beyond, as NIO aims to maintain its growth trajectory and increase its market share in the global electric vehicle industry.