-
Posted by
Two Blokes Jun 13 -
Filed in
Stock
-
4 views
NIO faces a new pricing war started by BYD in late May, but regulators could limit the headwinds due to these massive discounts. Vehicle margins improved to 10.2% in Q1 2025 compared to 9.2% in Q1 2024, despite the massive price war currently taking place in China. The company has projected 25% to 30% YoY growth in deliveries for the second quarter compared to the year-ago quarter.
