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.

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

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