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12 Nov
15:07

NIO releases Q3 earnings report

NIO's third-quarter earnings have beat expectations, Kallanish learns from the company's Q3 report. The financial report shows that the company's total revenue in the third quarter was CNY 9.81 billion ($1.54 million), a year-on-year increase of 116.6% and a quarter-on-quarter increase of 16.1%. Revenue from automobile sales amounted to CNY 8.64m, a y-o-y increase of 102.4% and a q-o-q increase of 9.2%. The growth in total revenue in the third quarte…
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