NIO Inc. (NIO) Misses Q4 EPS by 19c, Misses on Revenue, Delivers 30,053 EVs; Sees Q2 Deliveries of 54K-56K

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Go back to NIO Inc. (NIO) Misses Q4 EPS by 19c, Misses on Revenue, Delivers 30,053 EVs; Sees Q2 Deliveries of 54K-56K

NIO Inc. Reports Unaudited First Quarter 2024 Financial Results

June 6, 2024 6:10 AM EDT

SHANGHAI, June 06, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the first quarter ended March 31, 2024.

Operating Highlights for the First Quarter of 2024

Vehicle deliveries were 30,053 in the first quarter of 2024, consisting of 17,809 premium smart electric SUVs and 12,244 premium smart electric sedans, representing a decrease of 3.2% from the first quarter of 2023, and a decrease of 39.9% from the fourth quarter of 2023.... More