The team calls NIO management's long-term strategy the Blue Sky Blueprint, saying it will be a moat for the EV maker, though it's very costly to build.
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The team calls NIO management's long-term strategy the Blue Sky Blueprint, saying it will be a moat for the EV maker, though it's very costly to build.
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A female former intern claims she was treated unfairly after being sexually assaulted while working at NIO. The company issued a clarification, but it was challenged by the lady.
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NIO is looking to increase the use of its battery upgrade service as owner demand for driving trips increases with the arrival of spring.
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NIO's battery R&D team has now exceeded 800 people, with annual R&D investment expected to exceed RMB 1 billion, according to local media.
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This is a full-text translation from CnEVPost of NIO's March 1 earnings call.
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Nio currently operates 4 swap station in Netherlands
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If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang.
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"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
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NIO today announced its fourth-quarter earnings results and its management held an analyst call afterward.
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