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NIO's First-Quarter Net Loss Likely Widened Despite Higher Revenue -- Earnings Preview
NIO's Hong Kong-listed stock fell 17% in the first quarter, bringing its year-to-date losses to 21%. The carmaker continues to face the challenge of increasing its sales volume and achieving strong economies of scale, raising investors' concerns about its ability to become profitable.
NIO stock fell on Tuesday but clawed back losses to trade into the green after the Chinese electric-vehicle maker reported a ...
Total revenue rose to RMB12.03 billion (US$1.66 billion), up 21.5% YoY. Gross margin improved to 7.6%, a modest lift driven ...
NIO, Inc (NYSE: NIO) reported a 21.5% increase in revenue but a 38.9% decline sequentially in fiscal Q1. Analysts estimated ...
The Chinese electric car manufacturer Nio wants to further expand its presence in Europe. The launch in Austria and Hungary ...
Nio has yet to turn a profit since its launch in 2014. Revenue came in at 12.03 billion yuan ($1.67 billion), up 22% ...
NIO is set to release Q1 results on Tuesday, June 3; Deliveries, new brands, tariffs and losses are expected to shape EV ...
Chinese EV automaker NIO took to social media to announce expansion plans to seven new European markets, selling two of its brand models.
NIO Inc. ADR closed 54.09% below its 52-week high of $7.71, which the company reached on September 30th.
VSCO on May 24 detected a security breach in its information technology systems. The incident did not impact Q1 financial ...
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