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NIO’s Q3 Financials Are In

January 1, 2020 admin autonomous vehicles, battery as a service, cars, China, clean transport, electric cars, Electric vehicles, ev charging, ev charging stations, events, nio, nio day 2019, nio ec6, nio es6, nio es8, nio financials, nio gross margin, nio houses, nio power home, Shenzhen, william li

Credit to Author: Nicolas Zart| Date: Wed, 01 Jan 2020 07:48:39 +0000

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