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An announcement from NIO Inc. Class A ( (HK:9866) ) is now available.
NIO Inc. reported its unaudited financial results for the first quarter of 2025, highlighting a significant year-over-year increase in vehicle deliveries and revenues, despite a notable decline from the previous quarter. The company’s vehicle margin improved slightly compared to the same period last year, but gross profit and total revenues saw a substantial decrease from the fourth quarter of 2024, reflecting the challenges in maintaining growth momentum.
More about NIO Inc. Class A
NIO Inc. is a leading company in the global smart electric vehicle market, known for its premium and family-oriented electric vehicles under the brands NIO and ONVO. The company focuses on delivering innovative and high-quality electric vehicles to meet the growing demand for sustainable transportation solutions.
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