How Nio became one of the most valuable carmakers
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How NIO Makes Money
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NIO’s Q4 2021 revenues were $1,553.6 M, a 49.1% YoY increase. 2021 total revenue $5,670.6 M, a 122.3% increase YoY. 2021 Net loss narrowed to $630.3 M, a 24.3% decrease YoY. 2021 deliveries of the ES8, the ES6, and the EC6 in 2021 were 91,429, a 109.1% increase YoY. We concluded 2021 on a strong note with an annual delivery of 91,429 vehicles, representing an increase of 109.1% year-over-year, despite all the challenges, particularly the supply chain volatilities. Read more: https://bit.ly/3D7CE
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NIO’s Q4 2021 revenues were $1,553.6 M, a 49.1% YoY increase. …
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40K views · 465 reactions | Chinese startup Nio continues to expand its brand with the launch of Firefly — a small premium EV. ➡️ Nio CEO William Li says tariffs, shipping, and dealer costs will push European prices higher, though he remains confident Firefly will stay competitive. ➡️ Despite the challenges, Nio is holding firm on its goal of breaking even by the end of 2025. CNBC’s Lin Lin reports. | CNBC International | Facebook
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