NIO Property, Plant, and Equipment 2019-2024 | NIO
NIO property, plant, and equipment from 2019 to 2024. Property, plant, and equipment can be defined as the sum of all net property, plant & Equipment fields. Where companies do not report a break down of plant, property, & equipment, the value is entered in this field alone.
- NIO property, plant, and equipment for the quarter ending June 30, 2024 was $3.374B, a 31.9% increase year-over-year.
- NIO property, plant, and equipment for 2023 was $3.5B, a 54.15% increase from 2022.
- NIO property, plant, and equipment for 2022 was $2.27B, a 95.52% increase from 2021.
- NIO property, plant, and equipment for 2021 was $1.161B, a 51.64% increase from 2020.
NIO Annual Property, Plant, and Equipment
(Millions of US $) |
| 2023 |
$3,500 |
| 2022 |
$2,270 |
| 2021 |
$1,161 |
| 2020 |
$766 |
| 2019 |
$795 |
| 2018 |
$706 |
| 2017 |
$ |
NIO Quarterly Property, Plant, and Equipment
(Millions of US $) |
| 2024-06-30 |
$3,374 |
| 2024-03-31 |
$3,411 |
| 2023-12-31 |
$3,500 |
| 2023-09-30 |
$2,843 |
| 2023-06-30 |
$2,558 |
| 2023-03-31 |
$2,317 |
| 2022-12-31 |
$2,270 |
| 2022-09-30 |
$1,796 |
| 2022-06-30 |
$1,453 |
| 2022-03-31 |
$1,363 |
| 2021-12-31 |
$1,161 |
| 2021-09-30 |
$936 |
| 2021-06-30 |
$764 |
| 2021-03-31 |
$739 |
| 2020-12-31 |
$766 |
| 2020-09-30 |
$756 |
| 2020-06-30 |
$733 |
| 2020-03-31 |
$743 |
| 2019-12-31 |
$795 |
| 2019-09-30 |
$765 |
| 2019-06-30 |
$818 |
| 2019-03-31 |
$772 |
| 2018-09-30 |
$556 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$8.630B |
$7.834B |
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NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
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