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NIO Inc. (NYSE: NIO) on Tuesday reported a wider net loss for the first quarter of 2025. Meanwhile, revenues increased 21.5% year-over-year. The China-based electric car maker’s revenues increased 21.5% year-over-year to $1.66 billion in the first three months of fiscal 2025. Vehicle sales, the primary revenue source, increased 18.6%. Net loss attributable to shareholders … Read more
Electric car maker NIO Inc. (NYSE: NIO) has published its vehicle delivery report for May 2025, reporting a double-digit increase in shipments. Nio delivered a total of 23,231 vehicles in May 2025, representing a 13.1% year-over-year increase May deliveries include 13,270 units from the company’s premium smart electric vehicle brand NIO A total of 6,281 … Read more
China is the world’s most competitive market for electric vehicles. Startups and established carmakers are sparring on price, technology and, increasingly, design, as companies try to grab market share. Foreign visitors are often astounded by what Chinese EVs can do. “The EV market, especially in China, is incredibly competitive,” says Kris Tomasson, vice president of … Read more
China-based electric car maker NIO Inc. (NYSE: NIO) on Friday reported a net loss for the fourth quarter of 2024. Revenues increased by double-digits during the three months. Total revenues increased 15% year-over-year to $2.70 billion in the final three months of fiscal 2024. Vehicle sales, which account for nearly 90% of total revenues, increased … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4