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NIO's revenue has reached a new high, and losses are expanding. How much does the Alps help?
Yesterday, NIO Automobile released its financial reports for the fourth quarter and full year of 2023. Compared to Ideal Automobile's first full year profit in 2023, NIO's net loss for the year furth ... -
Net loss of 20.7 billion yuan increased by 43.5% year-on-year, NIO hopes Alps will boost sales
Despite achieving positive year-on-year growth in sales and revenue, NIO's financial data for 2023 did not improve and showed signs of accelerated deterioration. On March 5th, NIO released its Q4 202 ...