Market Chatter: NIO Expects Profit, Double Sales in 2026

MT Newswires Live11-26 16:15

Nio (HKG:9866) expects double electric vehicle sales and break into profit by 2026, The Standard Reported Monday, citing chief executive Li Bin said of the company.

The EV maker's third-quarter loss rose 11% year-on-year to 5 billion yuan. However, sales for the period reached a record high of 61,900 units, the publication said.

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