05 Mar Nio reports wider loss, forecasts sharp fall in deliveries as price war in China’s EV sector escalates
Posted at 13:00h
in Asia
The Shanghai-based carmaker expects to hand over 31,000 to 33,000 EVs to mainland Chinese customers between January and March, down 34.1 to 38.1 per cent from the fourth quarter of 2023.Nio published its delivery guidance on Tuesday after it reported a net loss of 5.37...