Chinese EV maker Nio reports decreased 2Q22 margin, facing substantial delivery pressure in 4Q22

Peng Chen, DIGITIMES Asia, Taipei Thursday 8 September 2022 0

China-based EV startup Nio's total revenues reached CNY10.29 billion (US$1.54 billion) in the second quarter of 2022, a 21.8% increase from the previous year. However, the company's overall gross margin and vehicle margin both declined mainly due to...

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