Technology peripherals
It Industry
NIO's revenue in 2023 reaches a new high of 55.62 billion yuan, a year-on-year increase of 12.9%
NIO's revenue in 2023 reaches a new high of 55.62 billion yuan, a year-on-year increase of 12.9%
According to news from this site on March 5, NIO released its fourth quarter and full-year financial report for 2023. The financial report shows that NIO’s revenue in the fourth quarter was 17.10 billion yuan, a year-on-year increase of 6.5%; the net loss was 5.3677 billion yuan, a year-on-year loss reduction of 7.2%, and a quarter-on-quarter increase of 17.8%. Not in accordance with U.S. GAAP, the adjusted net loss was 4.8017 billion yuan, a year-on-year decrease of 5.2% and a month-on-month increase of 21.5%.
In the fourth quarter of 2023, Weilai Automobile’s gross profit margin reached 11.9%, which is the second consecutive quarter of double digits increase. At the same time, the company's cash reserves reached 57.3 billion yuan, an increase of 12.1 billion yuan from the previous quarter. In terms of research and development, NIO’s expenditure reached 3.97 billion yuan, remaining above 3 billion yuan for five consecutive quarters. These figures demonstrate NIO’s steady growth and momentum in both finance and innovation.
For the full year of 2023, NIO’s total revenue reached a new high of 55.62 billion yuan, a year-on-year increase of 12.9%; its net loss was 20.7198 billion yuan, an increase of 43.5% compared with 2022. Not in accordance with U.S. GAAP, the adjusted net loss was 18.3507 billion yuan, an increase of 51.1% compared with 2022. The annual R&D expenditure was 13.43 billion yuan, exceeding 10 billion yuan for two consecutive years.
NIO delivered 160,038 vehicles in 2023, a year-on-year increase of 30.7%; in the fourth quarter, it delivered a total of 50,045 vehicles, a year-on-year increase of 25.0%.
Weilai expects first-quarter revenue to be between 10.5 billion yuan and 11.09 billion yuan, slightly lower than market expectations of 15.74 billion yuan; delivery volume is expected to be between 31,000 and 33,000 vehicles, also Slightly lower than market expectations of 44,035 units.
The above is the detailed content of NIO's revenue in 2023 reaches a new high of 55.62 billion yuan, a year-on-year increase of 12.9%. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
1386
52
Get started with NIO Phone 2: the purest Android flagship in history, 0 ads, 0 pre-installed
Jul 29, 2024 pm 09:51 PM
In the smartphone market, there is never a shortage of new players, but only a few can successfully stay on the table. Because of this, when NIO founder Li Bin announced in August 2023 that NIO would enter the mobile phone market, no one was optimistic about it. Everyone seemed to think that this was just a short-lived attempt. But Weilai persisted. Not only that, it also released the new NIO Phone 2 on July 27. It still has the first-tier hardware configuration and a simple and clean operating system. As a professional mobile phone editor, this time Let me peel off the label of "made by a car manufacturer" and see how NIOPhone 2 performs as a smartphone. Appearance: Every detail is exquisite enough, starting from the appearance
Bai Jian breaks the news about the new NIO Phone and responds to why NIO insists on making mobile phones
Jul 25, 2024 pm 01:14 PM
The new NIO NIO Phone (NIOPhone 2) will be released on July 27. As the release date approaches, on July 24, Bai Jian, Vice President of NIO Technology (Anhui) Co., Ltd., answered two of the most common questions about NIO Phone among netizens. NIOPhone "Why does NIO insist on making mobile phones?" Similar questions appear in almost all comment areas related to the new NIOPhone. Bai Jian responded that Weilai had started thinking and planning about making mobile phones very early, and it was not a whim, let alone as some people said, because some mobile phone brands have started to make cars. Bai Jian broke the news about the new NIOPhone "smart car and mobile phone"
NIO and State Grid Suzhou Power Supply Company work together to build charging and swapping stations to promote the development of new power systems
Apr 08, 2024 pm 01:10 PM
Recently, State Grid Suzhou Power Supply Company and NIO Energy reached a new cooperation agreement to jointly promote the construction of charging and swapping stations. Further promote the development of new power systems. This cooperation will select locations in Suzhou to jointly build charging and swapping stations to meet the growing demand for electric vehicle charging. According to official data from NIO, as of April 6 today, NIO has established 2,398 battery swap stations across the country and equipped them with more than 23,000 public charging piles. In the Suzhou area alone, 76 battery swap stations have been put into use. In addition, as of the end of March, NIO has successfully established 587 battery swap stations and more than 27,000 charging piles, and participated in demand response and peak-shaving auxiliary services in 14 provinces and cities across the country, with a total peak-shaving capacity of up to 300,000 kilowatts, showing that Its ability
Lili M series pure electric SUV exposed: looks similar to Tesla Model X travel version
Apr 26, 2024 pm 06:55 PM
According to news on April 26, Li Auto is planning to launch a new pure electric SUV model, which may be named M series. This new development has attracted widespread attention from the market and consumers, especially after the appearance design of Ideal's first pure electric model MEGA has been hotly discussed on the Internet. According to the editor's understanding, Li Xiang, CEO of Li Auto, revealed in a recent communication that the upcoming pure electric SUV model will have innovative exterior design, which will be very different from the existing MEGA model. Li Xiang said that the appearance design of the new model is more similar to Tesla's Model X travel version. He described the new car as "making a Tesla Model Y travel version." Li Xiang explained that if the C-pillar is "cut off", the front part of the new car will be the same as Tesla's Model Y,
NIO's third brand is expected to be launched in one year, and Ledo Auto will not consider an independent listing in the future.
Jun 04, 2024 pm 09:06 PM
This website reported on May 16th that NIO officially launched the ONVO brand last night. NIO founder Li Bin said that ONVO means "family happiness and housekeeping", and the brand is positioned in the family market. . After the release of NIO’s second brand Letao, NIO co-founder and president Qin Lihong said: There will be contracts and differences between the two brands of Letao and NIO. It is expected that NIO’s third brand will also be launched on the market in about a year. In addition, Li Bin, chairman and CEO of NIO, also stated at the Ledo media communication meeting that Ledo's R&D, marketing and other funds are currently included in NIO's investment expenses, and it will not consider a separate listing in the future. Pre-orders are currently being accepted, with pre-sale prices starting from 219,900 yuan. Details can be found in previous reports on this site. for
NIO ET7 officially enters the German taxi market, and Hamburg takes the lead in showing it
Mar 02, 2024 pm 03:16 PM
According to news on February 17, NIO Germany plans to introduce its flagship model ET7 into the taxi field and showed the taxi to the public for the first time at an industry event in Hamburg. This move marks NIO’s strategic layout in the taxi market and demonstrates their ambition and determination in the future travel field. In Hamburg, electric taxis are becoming a new trend as urban transportation transitions towards zero emissions. Currently, there are nearly 600 electric taxis operating on the streets of Hamburg, and the total number of taxis in the city is about 3,000. The Hamburg city government has made it clear that starting in 2025, only zero-emission vehicles will be allowed to operate as taxis locally. Against this background, the addition of NIO ET7 has undoubtedly injected new vitality into Hamburg’s electric taxi market.
NIO's 500,000th mass-produced vehicle rolls off the assembly line, new brand Ledo is scheduled to be officially released on May 15
May 09, 2024 pm 02:01 PM
On May 9, 2024, NIO's 500,000th mass-produced vehicle rolled off the assembly line at NIO's second factory located in Xinqiao Intelligent Electric Vehicle Industrial Park in Hefei, Anhui. NIO’s 500,000th mass-produced model is the new ES8. At the offline event, NIO founder and chairman Li Bin revealed that on May 15, NIO will officially launch its second brand, Letao. Its first car, the L60, will also be officially unveiled. Ledao's brand name means "Every road with family is Ledao". Its products will be oriented to the mainstream family market, aiming to provide home users with a better brand and product experience. In addition to Ledo, Weilai is also developing a second small electric car code-named "Firefly", positioned as a small electric car for urban driving, and the price is expected to be less than 200,000 yuan. In addition, Le Dao and
NIO reorganizes its intelligent driving R&D department, and merges perception and control into a large model team
Jun 20, 2024 am 12:18 AM
DoNews reported on June 19 that Wawanan Auto learned that NIO’s R&D department has recently completed structural adjustments. Previously, NIO’s intelligent driving research and development department consisted of perception, control and integration departments. After the adjustment, the perception and control teams were merged into the large model team, and the integration team was reorganized into the delivery team. The merged large model team is headed by Peng Chao, the former head of NIO’s perception team. The reorganized autonomous driving R&D department will still be in charge of Ren Shaoqing, NIO’s Vice President of Intelligent Driving R&D. After this adjustment, Ren Shaoqing conveyed to the team that the traditional paradigm of "perception-decision-control" that has been used in the industry for many years should be abandoned. This means that NIO will more clearly explore the use of end-to-end large models to achieve high-level intelligent driving. Ren Shaoqing graduated from the joint training between the University of Science and Technology of China and Microsoft Research Asia
