NIO realizes positive gross profit margin in Q2 2020 and plans establishment of battery assets management company

On August 11, NIO Inc. (NIO) released key information about its financial performance in the second quarter of 2020 on its WeChat platform.
In the second quarter, NIO’s quarterly sales totaled CNY 3.719 billion, including CNY 3.486 billion of vehicle sales. The quarterly sales and vehicle sales both achieved a year-....

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