China's Nio posts bigger-than-expected loss, slowing EV sales growth in first-quarter

China's Nio posts bigger-than-expected loss, slowing EV sales growth in first-quarter

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-nio-results/chinas-nio-posts-bigger-than-expected-loss-slowing-ev-sales-growth-in-first-quarter-idUSKCN2AT3PX

China's Nio Inc posted a wider-than-expected loss and flagged a slowing pace of deliveries for its electric vehicles (EV) in the current quarter, sending its U.S.-listed shares down 7% in extended trading.