NIO Q2 revenue reached 8.77 billion yuan, with record-high deliveries and revenue guidance for the third quarter | Earnings Report

Wallstreetcn
2023.08.29 12:01
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NIO's Q2 revenue was RMB 8.77 billion, slightly below market expectations of RMB 9.15 billion. The Q3 delivery guidance is set at 55,000-57,000 vehicles, representing a year-on-year growth of 74.0%-80.3%. The revenue guidance for Q3 is expected to be between RMB 18.9 billion and RMB 19.52 billion, reflecting a year-on-year growth of 45.3%-50.1%, which is the highest in the company's history in terms of both delivery and revenue guidance.