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10 Jun
15:51

NIO's Q1 vehicle margin down as revenue continue climbing

China's leading electric vehicle company NIO recently released its first quarter financial statement. It's NIO's first financial statement after becoming listed in three locations.  According to the report released on 9 June via the Hong Kong Stock Exchange, during the first quarter of 2022, NIO achieved total revenues of about CNY 9.91 billion ($1.56 billion), an on-year increase of about 24.2% and an on-quarter increase of about 0.1%. NIO's …
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