Name | Value |
---|---|
Revenues | 18.7B |
Cost of Revenue | 16.7B |
Gross Profit | 2.0B |
Operating Expense | 7.2B |
Operating I/L | -5.2B |
Other Income/Expense | 0.2B |
Interest Income | 0.3B |
Pretax | -5.0B |
Income Tax Expense | 0.0B |
Net Income/Loss | -5.1B |
NIO Inc. is a Chinese company that specializes in designing, developing, manufacturing, and selling smart electric vehicles, including SUVs and sedans. The company also provides energy and service packages, e-powertrains, battery packs, and components. NIO generates revenue through the sale of electric vehicles, energy solutions such as home charging, battery swapping, and fast-charging services, as well as through after-sales services including repair, maintenance, insurance, and financing. Additionally, NIO offers a used vehicle inspection, evaluation, acquisition, and sales service through NIO Certified.