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NIO unveils 2018 financial report
On March 6, NIO unveiled its 2018 financial report. The automaker achieved a total annual revenue of about CNY 4.95 billion in 2018. Sales of vehicles totaled about CNY 4.85 billion, accounting for 98% of the total revenue. The annual net loss for 2018 was about CNY 9.64 billion, reflecting a 92% y/y increase. 11,348....
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