Name | Value |
---|---|
Revenues | 19.7B |
Cost of Revenue | 17.4B |
Gross Profit | 2.3B |
Operating Expense | 8.3B |
Operating I/L | -6.0B |
Other Income/Expense | -1.1B |
Interest Income | -0.2B |
Pretax | -7.2B |
Income Tax Expense | -0.1B |
Net Income/Loss | -7.1B |
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.