Nio

Cumulative deliveries hit 1.1 million as at end-May

A rebound in the domestic market has yet to materialise, despite the sector’s continued export strength

The EV maker’s loss per share of 0.2 yuan compares with 0.29 yuan a year earlier

Chinese EV maker’s April tally dips from March as it crosses 1.1 million cumulative deliveries

Cumulative deliveries reach 1,081,057 as at Mar 31

Full-year net loss narrows from 22.7 billion yuan to 15.6 billion yuan on higher deliveries

Electric vehicle maker completes 100 million cumulative battery swaps

The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix

But last month’s deliveries were 43.5% lower than December’s 48,135 vehicles