A Nio showroom in Beijing. Photo: Bloomberg A Nio showroom in Beijing. Photo: Bloomberg
A Nio showroom in Beijing. Photo: Bloomberg
Electric cars

Chinese Tesla challenger Nio reports first gross profit since founding in 2014

  • Shanghai-based electric carmaker says gross profit for second quarter amounts to US$44.3 million
  • Its net loss attributable to shareholders narrows sharply to 1.2 billion yuan

Topic |   Electric cars
A Nio showroom in Beijing. Photo: Bloomberg A Nio showroom in Beijing. Photo: Bloomberg
A Nio showroom in Beijing. Photo: Bloomberg
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