Nio reported a net loss of RMB 6.75 billion in the first quarter, an increase of 30.19 percent year-on-year, though by 5.08 percent compared to the fourth quarter of 2024.
Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.
Nio reports 30% year-on-year increase in Q1 net loss as expenses rise
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