NIO’s Q1 2024 revenue drops YoY, but gross profit surges YoY
- Th06 07, 2024, at 4:54 pm
- gasgoo
Despite the revenue downturn, NIO achieved a gross profit of 487.7 million yuan (US$67.6 million) in Q1 2024, a substantial 200.5% increase from the same quarter last year.