NIO Inc. Class A ( (HK:9866) ) has shared an update.
NIO Inc. announced its unaudited financial results for the fourth quarter and full year of 2024, highlighting significant growth in vehicle deliveries and revenues. The company delivered 72,689 vehicles in Q4 2024 and 221,970 vehicles for the full year, marking increases of 45.2% and 38.7% respectively from the previous year. Total revenues for the quarter reached RMB19,703.4 million, with full-year revenues at RMB65,731.6 million. This growth underscores NIO’s strong positioning in the electric vehicle market and its expanding customer base.
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 smart electric vehicle brands. The company operates under a weighted voting rights structure and is listed on the New York Stock Exchange, the Stock Exchange of Hong Kong, and the Singapore Exchange.
YTD Price Performance: 17.67%
Average Trading Volume: 6,015,197
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$85.8B
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