Analysis of Avita's losses

Avita, founded in 2018, focuses on exploring future travel technologies and bringing emotional and intelligent travel experiences to users. However, the company is still in a loss-making state, with a net profit of -3.693 billion yuan in 2023 and -2.015 billion yuan in 2022. Despite the losses, Avita is still actively expanding the market, with cumulative sales reaching 21,500 vehicles in 2022-2023.