Should ditch the Baas since EV

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lowmy
2023-06-09

Should ditch the Baas since EVs have much better range nowadays

NIO's Q1 Revenues Were $1,554.6 Million; Net Loss Was $690.1 Million

NIO today announced its unaudited financial results for the first quarter ended March 31, 2023.Vehic

NIO's Q1 Revenues Were $1,554.6 Million; Net Loss Was $690.1 Million

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Yonhuat
·2023-06-09
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Which EVs have better range? How many EV has 800V capable charging? With 800V power chargers which are hard to find, it takes 15mins to charge a pack to use 180km-200km.
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- telurbenedicReplying toYonhuat:
  
  dont be naive. china market super competitive. there is no time
  2023-06-10
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- YonhuatReplying totelurbenedic:
  appreciation and adoption takes time, timing is key. Nio will mature and consumer will realize what they are paying for.
  2023-06-10
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- telurbenedic:
  consumers have made their choices. no need to argue that Nio is not well received
  2023-06-09
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Excluding share-based compensation expenses, adjusted loss from operations (non-GAAP) was RMB4,522.4 million (US$658.5 million) in the first quarter of 2023, representing an increase of 163.6% from the first quarter of 2022 and a decrease of 24.8% from the fourth quarter of 2022.Net loss was RMB4,739.5 million (US$690.1 million) in the first quarter of 2023, representing an increase of 165.9% from the first quarter of 2022 and a decrease of 18.1% from the fourth quarter of 2022. 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Excluding share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value, adjusted net loss attributable to NIO’s ordinary shareholders (non-GAAP) was RMB4,141.8 million (US$603.1 million) in the first quarter of 2023, representing an increase of 222.3% from the first quarter of 2022 and a decrease of 18.0% from the fourth quarter of 2022.Basic and diluted net loss per ordinary share/American Depositary Share (ADS)iii were both RMB2.91 (US$0.42) in the first quarter of 2023, compared with RMB1.12 in the first quarter of 2022 and RMB3.55 in the fourth quarter of 2022. 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Excluding share-based compensation expenses, adjusted loss from operations (non-GAAP) was RMB4,522.4 million (US$658.5 million) in the first quarter of 2023, representing an increase of 163.6% from the first quarter of 2022 and a decrease of 24.8% from the fourth quarter of 2022.Net loss was RMB4,739.5 million (US$690.1 million) in the first quarter of 2023, representing an increase of 165.9% from the first quarter of 2022 and a decrease of 18.1% from the fourth quarter of 2022. Excluding share-based compensation expenses, adjusted net loss (non-GAAP) was RMB 4,150.1 million (US$604.3 million) in the first quarter of 2023, representing an increase of 216.9% from the first quarter of 2022 and a decrease of 18.1% from the fourth quarter of 2022.Net loss attributable to NIO’s ordinary shareholders was RMB4,803.6 million (US$699.5 million) in the first quarter of 2023, representing an increase of 163.2% from the first quarter of 2022 and a decrease of 17.8% from the fourth quarter of 2022. 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Nio will mature and consumer will realize what they are paying for. ","text":"appreciation and adoption takes time, timing is key. Nio will mature and consumer will realize what they are paying for. ","html":"appreciation and adoption takes time, timing is key. Nio will mature and consumer will realize what they are paying for. 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