Nio plans more cost cuts with Q1 sales, revenue set to fall short of forecasts

Nio House — The Nio House, a combination showroom, meeting space and cafe for car enthusiasts, in Oslo, Norway, on Nov. 6, 2024. The Chinese EV maker's first-quarter sales and revenues are on track to fall well short of analysts' forecasts. (Naina Helén Jåma/BLOOMBERG)

March 23, 2025 10:37 PM

Nio Inc. flagged first-quarter results likely to disappoint market watchers after finishing 2024 on a weak note.

Featured Stories

Can Xterra’s return help save Nissan again?

Can Xterra’s return help save Nissan again?

Tech of yesterday underpins today’s EVs

Tech of yesterday underpins today’s EVs

Hyundai launches tariff task force, shifts some Mexico output to the U.S.

Hyundai launches tariff task force, shifts some Mexico output to the U.S.

Smallest Jeep is rare bright spot for Stellantis amid sales struggles

Smallest Jeep is rare bright spot for Stellantis amid sales struggles

Latest News

Volvo gathers female technicians to build community

Can Xterra’s return help save Nissan again?

EV startup Slate Auto teases prototype on L.A. streets

Even Porsche cannot find its lane in China as foreign automaker sales skid

Staying current is easy with newsletters delivered straight to your inbox.

See More in China

Xiaomi delays sales launch of first SUV after fatal accident, report says

Chinese EV sales slow in Europe in Q1, posing risk of emissions fines

Huawei foray into smart driving EVs draws competition, scrutiny

China leaps ahead on driver-assist adoption

Staying current is easy with newsletters delivered straight to your inbox.