NIO's third-quarter financial report shows record delivery volume

NIO released its third quarter financial report this year, which showed that its quarterly deliveries reached 61,855 units, a record high. The company's revenue reached 18.67 billion yuan, the gross profit margin of the whole vehicle was 13.1%, the cash reserve was 42.2 billion yuan, and the R&D investment was 3.32 billion yuan. NIO's delivery performance was excellent, and it is expected that the delivery volume in the fourth quarter will reach 72,000-75,000 units, breaking the record again.