pstrongThe company reported a net loss of $965m./strong/p pSGX-listed Chinese EV manufacturer Nio reported a net loss of $965m (RMB5.2b) in Q1 2024, reflecting a 9.4% year-on-year (YoY) increase from Q1 2023./p pTotal revenue for the period also took a hit, decreasing 7.2% YoY to $1.8b (RMB9.9b) compared to Q1 2023.
SGX-listed Chinese EV manufacturer Nio reported a net loss of $965m in Q1 2024, reflecting a 9.4% year-on-year increase from Q1 2023.Vehicle sales for Q1 2024 was $1.5b , declining 9.1% YoY. As of 31 May, cumulative deliveries of Nio vehicles reached 515,811.
On the other hand, gross profit more than tripled to $90.5m compared to the previous year....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.3.
Leslie Tay, General Manager of Rezeca Renewables Pte Ltd, outlines the company's shift from manual processes to digital solutions, citing improved operational efficiency and increased scalability as key outcomes.Leslie Tay, General Manager of Rezeca Renewables Pte Ltd, outlines the company's shift from manual processes to digital solutions, citing improved operational efficiency and increased scalability as key outcomes.3.
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