
NIO Inc
NYSE:NIO

NIO Inc
Deferred Income Tax
NIO Inc
Deferred Income Tax Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Deferred Income Tax | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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NIO Inc
NYSE:NIO
|
Deferred Income Tax
ÂĄ210.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Li Auto Inc
HKEX:2015
|
Deferred Income Tax
ÂĄ200.9m
|
CAGR 3-Years
77%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Great Wall Motor Co Ltd
SSE:601633
|
Deferred Income Tax
ÂĄ1.2B
|
CAGR 3-Years
18%
|
CAGR 5-Years
16%
|
CAGR 10-Years
N/A
|
|
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BYD Co Ltd
SZSE:002594
|
Deferred Income Tax
ÂĄ3.3B
|
CAGR 3-Years
107%
|
CAGR 5-Years
99%
|
CAGR 10-Years
N/A
|
|
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Seres Group Co Ltd
SSE:601127
|
Deferred Income Tax
ÂĄ339.9m
|
CAGR 3-Years
80%
|
CAGR 5-Years
35%
|
CAGR 10-Years
N/A
|
|
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SAIC Motor Corp Ltd
SSE:600104
|
Deferred Income Tax
ÂĄ3.8B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
7%
|
CAGR 10-Years
13%
|
NIO Inc
Glance View
In the bustling heart of China's innovation hub, the city of Shanghai, NIO Inc. emerged in 2014 as one of the frontrunners in the electric vehicle revolution. This startup, with an eye on revolutionizing the transportation industry, quickly established itself as a formidable competitor to electric vehicle giants like Tesla. NIO's primary focus is on designing, manufacturing, and selling smart electric vehicles that blend cutting-edge technology with luxury aesthetics, appealing to a growing demographic of environmentally conscious consumers eager for sustainable mobility solutions. At its core, NIO operates through the design and production of electric vehicles (EVs) that emphasize technological integration and user experience. Its vehicles are equipped with advanced features such as NIO Pilot—an autonomous driving system, and NOMI—an artificial intelligence-powered in-car assistant. NIO's business model extends beyond merely selling EVs; it also includes a unique Battery-as-a-Service (BaaS) solution, which allows customers to subscribe to battery packs instead of purchasing them outright. This not only reduces the upfront cost of NIO’s electric vehicles but also alleviates consumer concerns about battery life degradation. Moreover, NIO has been actively developing a network of battery swapping stations, enhancing the convenience of owning an EV by allowing quick battery changes to keep vehicles on the road longer. These innovative approaches enable NIO to generate recurring revenue streams while building brand loyalty. By integrating premium services and products, NIO caters to a growing electric vehicle market, working to position itself as a key player in reshaping global transportation landscapes.

See Also
What is NIO Inc's Deferred Income Tax?
Deferred Income Tax
210.2m
CNY
Based on the financial report for Sep 30, 2024, NIO Inc's Deferred Income Tax amounts to 210.2m CNY.
What is NIO Inc's Deferred Income Tax growth rate?
Deferred Income Tax CAGR 1Y
-3%
Over the last year, the Deferred Income Tax growth was -3%.