Nio reported mixed fourth-quarter results while providing a better than feared first-quarter outlook, said Deutsche Bank.
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Nio reported mixed fourth-quarter results while providing a better than feared first-quarter outlook, said Deutsche Bank.
The post Nio Q4 earnings: Deutsche Bank's 1st look appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio's mass-market-oriented brand, codenamed Alps, will debut in the second quarter. The first model will be launched in the third quarter and mass delivery will begin in the fourth quarter.
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Nio reported a net loss of RMB 5.37 billion in the fourth quarter, down 7.2 percent from the fourth quarter of 2022 and up 17.8 percent from the third quarter of 2023.
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BYD was at 38,500 units last week, up 21.84 percent from the previous week's 31,600.
The post China EV insurance registrations for week ending Mar 3: Nio 3,600, Xpeng 2,400, Li Auto 6,200, Tesla 12,500 appeared first on CnEVPost.
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Alps DOM electric SUV from Nio was spotted during road tests. It is the Model Y rival that will enter China shortly.
The post Nio’s Alps DOM EV claims it’s better than Tesla Model Y appeared first on CarNewsChina.com.
The camouflage-wrapped car has a few words on its rear window that mean it's better than Tesla's Model Y.
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It's time for Nio to kill the ES7. The ES7 offers little more than the best-selling ES6 and buyers have noticed leading to poor sales.
The post Time to kill the Nio ES7 appeared first on CarNewsChina.com.
Those who have been looking to buy a Model Y lately can wait a little while, as Alps' first model is certainly cheaper, said Nio's William Li.
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Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio's STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio's second brand expected to begin in 2025.
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Nio's latest NOP+ could be used outside of Greater China, further demonstrating its algorithm's ability to adapt to different traffic rules and driving scenarios, Morgan Stanley said.
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