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 ...

Nio, 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% ...

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 ...

(RTTNews) - NIO Inc. (NIO), a Chinese multinational automobile manufacturer, on Friday announced that net loss attributable to shareholders widened from last year. Shares of NIO are decreasing in ...

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 ...

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 EV deliveries last month: Crossover/SUVs (EC6, ES6, EC7, ES7, ES8): 6,383 (down 26% year-over-year) Sedans (ET5/ET5T, ET7): 4,324 (down 0.6% year-over-year) Total: 10,707 (down 17% year-over ...

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 ...