NIO Inc. (NYSE:NIO) has been making waves in the stock market recently, with its shares soaring 4.71 percent on Monday. This surge comes on the heels of the company’s preliminary sales guidance for the fourth quarter of the year, which has investors feeling optimistic about the future.
According to Chinese media outlet 36kr, NIO Inc. founder and CEO William Li recently shared with Chinese customers that the company is aiming to achieve 30 billion yuan ($4.27 billion) in vehicle sales for the last quarter of the year. This ambitious target reflects the company’s confidence in its ability to deliver strong results in the coming months.
In its latest earnings call earlier this year, NIO Inc. also provided a positive outlook for the fourth quarter, with projected vehicle deliveries of 120,000 to 125,000. This represents a significant increase of 65.1 to 72 percent compared to the same quarter in 2024, highlighting the company’s growth trajectory.
Total revenues for the fourth quarter are expected to range from $4.6 billion to $4.78 billion, indicating a year-on-year growth of 66.3 to 72.8 percent. In the third quarter alone, NIO Inc. reported total revenues of $3.06 billion, driven by 87,071 vehicle deliveries totaling $2.7 billion.
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