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NIO Q3 Revenue Outlook $2.61B - $2.69B Vs. $2.44B Estimate, Vehicle Deliveries 55K - 57K

Benzinga ·  Aug 29, 2023 18:19

Business Outlook
For the third quarter of 2023, the Company expects:

  • Deliveries of vehicles to be between 55,000 and 57,000 vehicles, representing an increase of approximately 74.0% to 80.3% from the same quarter of 2022.
  • Total revenues to be between RMB18,898 million (US$2,606 million) and RMB19,520 million (US$2,692 million), representing an increase of approximately 45.3% to 50.1% from the same quarter of 2022.

This business outlook reflects the Company's current and preliminary view on the business situation and market condition, which is subject to change.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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