Category: NIO ALPS

Nio needs to sort out its strategic direction to turn profitable in foreseeable future, analysts say

Nio still needs to get its strategic direction sorted out before it can expect to turn profitable in the foreseeable future, particularly for its second brand, Alps, analysts at CMB International said.

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Nio Alps’ 1st model to begin trial production in Jul, aims for tens of thousands of sales in 2024, report says

Nio has an aggressive target for the first model of Alps codenamed DOM, despite the short delivery window available during the year, according to the local media.

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