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Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries

(Reuters) -Chinese electric automaker Nio Inc on Thursday reported a bigger quarterly loss due to a jump in costs, and said it expects deliveries to a...

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Chinese EV maker Nio posts bigger quarterly loss amid higher battery prices

However, it expects deliveries to almost double in the current quarter.

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Chinese EV maker Nio cut sales forecast due to chip supply shortage

Chinese EV maker Nio cut sales forecast due to chip supply shortage
oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.

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Chinese EV maker Nio cut sales forecast due to chip supply shortage

Chinese EV maker Nio cut sales forecast due to chip supply shortage
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Tesla's Chinese rival Nio suspends production on chip shortage

Tesla's Chinese rival Nio suspends production on chip shortage
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Tesla's Chinese rival Nio suspends production on chip shortage

Tesla's Chinese rival Nio suspends production on chip shortage
oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.

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Tesla's Chinese rival Nio suspends production on chip shortage

Tesla's Chinese rival Nio suspends production on chip shortage
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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China's Nio sees first-quarter deliveries between 20,000 and 20,500 vehicles


By Reuters Staff
3 Min Read
(Reuters) - China’s Nio Inc posted a wider-than-expected loss and flagged a slowing pace of deliveries for its electric vehicles (EV) in the current quarter, sending its U.S.-listed shares down 7% in extended trading.
FILE PHOTO: A logo of the electric vehicle maker NIO is seen at its store in Beijing, China August 20, 2020. REUTERS/Tingshu Wang
Nio, which makes the ES8 and ES6 electric sport-utility vehicles, said it expects to deliver 20,000 to 20,500 vehicles in the first quarter - up 15% to 18% from the fourth quarter.
The forecast, however, is slower than the 42% growth it reported between the third and the fourth quarter, in line with seasonal slowing in auto sales in China overall.

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