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Browsing the "NIO gross margin" Tag

NIO’s Q3 Financials Are In

January 1st, 2020 | by Nicolas Zart

Fresh from Shenzhen where NIO unveiled its new EC6 and an updated ES8 at its packed NIO Day, the company also announced its Q3 earnings before the end of the calendar year. Despite a tumultuous 2019 in which NIO maneuvered the end of Chinese electric vehicle (EV) subsidies and a battery recall (partly due to the battery company), it managed to increase sales towards the end of the year



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