NIO Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,527.32 million compared to CNY 1,451.99 million a year ago. Revenue was CNY 9,908.64 million compared to CNY 10,676.47 million a year ago.

Net loss was CNY 5,257.92 million compared to CNY 4,803.63 million a year ago. Basic loss per share from continuing operations was CNY 2.57 compared to CNY 2.91 a year ago. Diluted loss per share from continuing operations was CNY 2.57 compared to CNY 2.91 a year ago.