SHANGHAI (Reuters) – Chinese electric vehicle maker Nio said on Thursday that it expected its EV deliveries in the second quarter to more than double from a year ago to between 54,000 and 56,000.
Revenue in the three-month period starting April would also nearly double to about $2.3 million, the company added.
Nio also saw its net profit in the first quarter grow 9.4% from the same period in 2023.
(Reporting by Zhang Yan, Kevin Krolicki; Editing by Tomasz Janowski)
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