Credit: Edison Acu

Baillie Gifford adds 8 Million NIO shares in Q2 holding now nearly 97 million

Written by Cláudio Afonso | | LinkedIn | Twitter

Baillie Gifford & Co filed Monday a new 13F form disclosing ownership of 96,731,139 shares of NIO by the end of Q2 2022, according to Fintel. The Scottish Mortgage investment trust closed the year 2021 owning 88,750,621 shares meaning that added a total of 7,980,518 shares between April and the end of June.

File DateEffective DateShares
October 19, 2021September 30, 202290,627,004
January 20, 2022December 31, 202188,858,365
May 5, 2022March 31, 202288,750,621
August 8, 2022June 30, 202296,731,139

As of August 8, NIO has 733 institutional owners and shareholders holding a total of 552,350,813 shares. The largest shareholders include Baillie Gifford & Co, BlackRock, Vanguard Group, State Street Corp, VWIGX, Susquehanna International Group, and Goldman Sachs Group.

(artcile being updated)

On Sunday, the NIO ET7 sedan was spotted on Sunday in Prague, Czech Republic’s capital. Until now, the company has used the NIO ES8 SUV model to map the countries it plans to enter in 2023 – such as the three ES8 vehicles seen in Portugal in mid-July. The new technology requires

The EV maker has been preparing for the second phase of its European expansion into nine new countries: Austria, Belgium, France, Hungary, Italy, Spain, Switzerland, Portugal, and Czech Republic. During the last NIO day — held in December 2021 — the EV maker confirmed its plan to expand its services to 25 markets by 2025.

The company is currently in the final tests at its second Battery Swap Station in Norway after opening the first one in late January. The latest images of the upcoming station show that the facility is ready to open in the Scandinavian country, as initially reported by EV three weeks ago.

In late May, NIO‘s Communication Specialist in Norway Asbjørn Mitusch told local media NIO will open three new NIO Houses in the Nordic country. In the third quarter, the EV maker will open the second space in Bergen after arriving in Oslo in 2021. The other two showrooms are located in Stavanger and in Trondheim and will open in the fourth quarter of 2022, as confirmed by Mitusch.

Written by Cláudio Afonso | | LinkedIn | Twitter