Latest news: NIO announced on the Hong Kong Stock Exchange that the company has signed a definitive agreement with Anhui Jianghuai Automobile Group Co., Ltd. to acquire certain production equipment and assets.

It is reported that NIO has acquired two asset packages of Jianghuai Automobile for a total price of 3.158 billion yuan. Among them, the transaction price of the asset package is 1.666 billion yuan, involving inventory, fixed assets, and construction in progress of the three factories of the passenger car company; The transaction price for the three guarantees of assets is 1.492 billion yuan, which involves the structures and equipment of the passenger car company's Xinqiao factory.

Regarding this, Li Bin, founder and chairman of NIO, stated that independent manufacturing costs will decrease by 10%.

According to the financial report, in the third quarter of 2023, the company's revenue was 19.07 billion yuan, a month on month increase of 117.4% and a year-on-year increase of 46.6%; The net loss was approximately 4.56 billion yuan, a decrease of 24.8% compared to the previous period.

In addition, data shows that the delivery volume of NIO in the third quarter was 55432 units, a month on month increase of 135.7% and a year-on-year increase of 75.4%, setting a new historical high; The gross profit margin of the entire vehicle was 11.0%, a significant increase compared to the previous period; Cash reserves amounted to 45.2 billion yuan, an increase of 13.7 billion yuan compared to the previous quarter; Research and development expenditure reached 3.04 billion yuan, exceeding 3 billion yuan for four consecutive quarters.

Li Bin revealed that NIO will release a new flagship model at the NIO Day on December 23. He stated that this car has multiple innovative technologies and will become a benchmark in the industry, leading the development trend of intelligent electric vehicle technology. In addition, Li Bin also revealed that the first car of the second brand has recently completed the VB car (development verification trial production sample car) trial production.