NIO faces a 100 billion yuan loss dilemma

NIO has been losing money every year since it went public in 2018. Data shows that from 2018 to 2024, NIO's net profit attributable to its parent company will be 23.33 billion, 11.41 billion, 5.611 billion, 10.57 billion, 14.56 billion, 21.15 billion, and 22.66 billion, respectively, with a total loss of 109.291 billion.