NIO Inc. announced on Wednesday that its deliveries for the full year 2024 came in at 221,970, soaring 38.7% on an annual basis.In December 2024, the carmaker delivered 31,138 units, a new monthly high, with the figure skyrocketing 72.9% year over year. The company's deliveries in the reported...
NIO Inc. reported on Wednesday that its total revenue in the third quarter of fiscal 2024 was down 2.1% year-on-year to 18.7 billion yuan ($2.7 billion).The automaker's net loss for the reported quarter increased by 11% on an annual basis to $721 million, and its loss from operations rose by...
The week ahead will see its fair share of financial insights, keeping investors busy up until Friday, and on the edge of their seats on Wednesday, when Nvidia posts its third-quarter results.
Some analysts expect Nvidia to report $33 billion in revenue, a growth driven by strong demand for artificial...
NIO Inc. announced on Thursday its financial results for the second quarter, with total revenue jumping 98.9% annually to $2.4 billion. Net loss fell 16.7% year-on-year to $694.4 million. Vehicle sales were up 118.2% compared to Q2 2023, amounting to $2.2 billion, with the vehicle margin at...
As the current earnings season winds down, the week beginning today will see another series of company earnings reports, this time, mostly technology-oriented ones including Hewlett Packard Enterprise (HPE), NIO Inc., and Broadcom Inc.HPE is set to release its financial figures for the third...
Nio Inc., a Chinese automobile manufacturer, revealed on Thursday in a statement that it is currently considering adjusting the prices of its products in Europe.The announcement comes after the European Union shared it would impose provisional countervailing tariffs on battery electric vehicle (BEV)...
NIO Inc. reported on Thursday its earnings for the first quarter of 2024, with its total revenue down 7.2% year-on-year to $1.4 billion. Its net loss for the quarter rose 9.4% on a yearly basis to $718.1 million, with the loss from operations increasing by 5.5% to $747.1 million. The automaker said its...
NIO Inc. said on Wednesday that its deliveries in April hit 15,620 units, surging 134.6% year-over-year.
In the fourth month of the year, the deliveries included 8,817 premium smart electric SUVs, and 6,803 premium smart electric sedans. Year-to-date, the electric vehicle firm said that distributions...
Chinese automobile manufacturer NIO Inc. said on Tuesday that its revenue jumped 6.8% year on year to reach 17.1 billion yuan (~$2.4 billion) in the fourth quarter of fiscal 2023. The company also reported a net loss of 5.4 billion yuan ($756 million) for the three months, falling by 7.2% in...
The week ahead will not see as many earnings reports as some others have recently but will get a glimpse of how different industry sectors perform. Those fields include technology, retail, and air traffic from all corners of the planet.
The first major report will come in on Tuesday with investors about...
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