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Top related persons:
Nio's ET5 - 1 Nio - 1 William Bin Li - 1
Top related locs:
Wuhan China Abu Dhabi
Top related orgs:
Central China International - 1 Refinitiv . - 1

Search resuls for: "William Bin Li"


2 mentions found


☆ Nio reports wider second-quarter loss amid China slowdown and product line revamp
  + stars: | 2023-08-29 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com   time to read: +2 min
Revenue: 8.77 billion yuan ($1.21 billion), vs. 9.25 billion yuan expected. 8.77 billion yuan ($1.21 billion), vs. 9.25 billion yuan expected. On a GAAP basis, the company reported a net loss of $835.1 million, or 51 cents per share. A year ago, Nio reported a net loss of 2.76 billion yuan, or 1.68 yuan per share, on revenue of 10.29 billion yuan. Nio's gross margin on vehicles for the second quarter was 6.2% in the second quarter, down from 16.7% a year ago but up from 5.1% in the first quarter of 2023.
Persons: Nio's ET5, Nio, William Bin Li Organizations: Central China International, Refinitiv . Locations: Wuhan, China, Abu Dhabi
☆ Nio reports strong third-quarter revenue as it gears up for a big year-end production push
  + stars: | 2022-11-10 | by ( John Rosevear | ) www.cnbc.com   time to read: +2 min
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Adjusted loss per share: 30 cents, versus 6 cents per share in the year-ago period. 30 cents, versus 6 cents per share in the year-ago period. With the ET5 now available, Nio is working to increase production and shorten customer waiting times, Li said. Nio said that investors should expect it to deliver 43,000 and 48,000 vehicles in the fourth quarter, generating total revenue between RMB17,368 million ($2.4 billion) and RMB19,225 million ($2.7 billion).
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