Reported about 23 hours ago
Nio anticipates fourth-quarter revenues to range from RMB 19.68 billion to RMB 20.38 billion, with expected deliveries of 72,000 to 75,000 units. The company's gross margin improved to 13.1% in Q3 2024 due to ongoing cost optimizations. CFO Stanley Yu Qu stated that the upcoming year would see a strong product cycle across its three brands, which is expected to boost sales and enhance operational and financial performance.
Source: YAHOO