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Business

NIO Back in Red Despite Robust First-Quarter Sales

TWSJ·May 21 ago·3 min read
Photograph via The Wall Street Journal
RSS SUMMARY · AGGREGATED FROM TWSJ

Chinese EV maker NIO’s sales doubled in the first quarter, but that wasn’t enough to stop it from returning to a net loss after posting its first-ever profit at the end of last year.

Chinese EV maker NIO’s sales doubled in the first quarter, but that wasn’t enough to stop it from returning to a net loss after posting its first-ever profit at the end of last year.

Chinese EV maker NIO’s sales doubled in the first quarter, but that wasn’t enough to stop it from returning to a net loss after posting its first-ever profit at the end of last year.

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