Andy Feng/iStock Editorial via Getty Images
- NIO press release (NYSE:NIO): Q2 Non-GAAP EPADS of -$0.30 in-line.
- Revenue of $2.4B (+98.9% Y/Y) misses by $40M.
- Vehicle deliveries were 57,373 in the second quarter of 2024, consisting of 32,562 premium smart electric SUVs and 24,811 premium smart electric sedans, representing an increase of 143.9% from the second quarter of 2023, and an increase of 90.9% from the first quarter of 2024.
For the third quarter of 2024, the company expects:
- Deliveries of vehicles to be between 61,000 and 63,000 units, representing an increase of approximately 10.0% to 13.7% from the same quarter of 2023.
- Total revenues to be between RMB19,109 million (US$2,630 million) and RMB19,669 million (US$2,707 million), representing an increase of approximately 0.2% to 3.2% from the same quarter of 2023.
