CnEVPost Newsletter: NIO reports Q1 earnings; XPeng begins G6 pre-sale; BYD unveils sub-brand

Jun 09, 2023

∙ Paid

NIO Q1 earnings miss expectations, gross margin drops to 1.5%

NIO guided for second quarter vehicle deliveries to be between 23,000 and 25,000 units, meaning it expects June deliveries to be in the range of 10,187-12,187 units.

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