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NIO Inc. Reports Unaudited Third Quarter 2020 Financial Results
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NIO Inc. Reports Unaudited Third Quarter 2020 Financial Results

Nov 18, 2020
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NIO Inc. Reports Unaudited Third Quarter 2020 Financial Results
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(Source: NIO)

NIO Inc., a Chinese smart electric vehicle (EV) manufacturer, showed strong growth in its unaudited financial results for the third quarter ended Sept. 30.

NIO accomplished total revenues of 4.5 billion yuan ($687.7 million) this quarter, up 146.4% from the third quarter of 2019 and 21.7% from the second quarter this year.

Quarterly deliverie…

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