A Nio car showroom is open at the Futian district in Shenzhen. Photo: Roy Issa A Nio car showroom is open at the Futian district in Shenzhen. Photo: Roy Issa
A Nio car showroom is open at the Futian district in Shenzhen. Photo: Roy Issa

After US$5 billion in losses, China’s Tesla challenger Nio fights to survive

  • Shanghai-based Nio is poised to report on Tuesday that it lost around US$4 million a day during the second quarter

Topic |   Electric cars
A Nio car showroom is open at the Futian district in Shenzhen. Photo: Roy Issa A Nio car showroom is open at the Futian district in Shenzhen. Photo: Roy Issa
A Nio car showroom is open at the Futian district in Shenzhen. Photo: Roy Issa
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