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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, 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% ...
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 ...
NIO NIO-1.81%decrease; red down pointing triangle narrowed its net loss for the second quarter on stronger margins and record sales that the Chinese EV maker expects to beat in the current quarter.
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'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 ...
The uplift in sales comes after NIO began delivering its 2024 ES8, ES6, EC6, and ET5T models with improved configurations and performance. NIO’s upgraded Center Computing Cluster boosts ...
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.
China's new-energy vehicle (NEV) market — comprising battery electric vehicles (BEVs) and plug-in hybrids (PHEVs) — continues to sizzle. More than 11 million NEVs were sold in the country last ...