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NIO may be a small player compared to global giant Tesla, but the Chinese EV maker is stepping up its game. Its growing vehicle lineup — including models like the ES6, ET5T, ES8, ET9 — is ...
NIO’s fourth-quarter net loss unexpectedly widened as higher costs outpaced sales growth after the carmaker launched two subbrands last year amid intensifying competition in China’s electric ...
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China’s Nio reports 32.5% increase in net loss in Q4 2024Nio, a provider of smart electric vehicles, has reported a widened net loss of 7.11bn yuan ($974.3m) in the fourth quarter of 2024, ended 31 December. The net loss, which represents a 32.5% ...
So, NIO has got some serious catching up to do. NIO's vehicle lineup includes ES6, ET5T, ES8, EC6 ... It incurred a net loss of more than $3 billion last year. However, the company expects ...
NIO’sNIO-0.51%decrease; red down pointing triangle net loss widened in the third quarter as revenue fell, dragged by lower selling prices amid an intense price war in China’s electric-vehicle ...
NIO’s robust product portfolio, featuring models such as the ES6, ET5T, ES8, EC6, EL7, ET5, ET7 and EC7 are driving deliveries. But given the high price point of these EVs, NIO has made a smart ...
NET LOSS: The Chinese automaker is expected to ... according to Visible Alpha. NIO's Hong Kong-listed shares fell 38% in the final quarter of 2024 as the carmaker faced intensifying competition ...
Shanghai-based Nio will cut 10% of staff positions in November, according to an internal letter signed by founder and Chief Executive Officer William Li seen Friday by Bloomberg News.
NIO's fourth-quarter net loss unexpectedly widened as higher costs outpaced sales growth after the carmaker launched two subbrands last year amid intensifying competition in China's electric ...
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