Is not easy for EV companies to profit big bucks from the sale until 2025
Nio's Reports Wider Q4 Loss Despite Revenues Topping $1B
Nio Inc – ADR (NYSE: NIO) reported mixed quarterly results, with in-line fourth-quarter revenues but a wider-than-expected loss. The revenue guidance for the first quarter was above consensus estimates. The EV maker also announced a month-over-month decline in deliveries for February.