Nio Reports $1.3 Billion in Total Revenue for Q2 2021

(Source: Nio) 

According to a financial report released Wednesday by Nio, its revenue for Q2 this year reached 8.45 billion yuan ($1.3 billion), a year-on-year increase of 127.2%. The firm’s net losses amounted to 659 million yuan, lower than market expectations. 

Nio expects vehicle deliveries in Q3 to fall between 23,000 and 25,000 units, with total rev…