NIO Q2 Vehicle Margin Dips Despite Delivery Gains: Is Recovery Ahead?
Key Takeaways NIO's vehicle margin fell to 10.3% in Q2 from 12.2% a year ago despite higher deliveries. Higher volumes came from lower-priced models, cutting average selling prices and margins.NIO expects group vehicle margins of 16-17% in Q4 as new models contribute to sales. NIO Inc. (NIO) reported a vehicle margin of 10.3% in the second quarter down from 12.2% a year ago, highlighting ongoing pressure on vehicle-level profitability despite a recovery in delivery volumes.NIO delivered 72,056 vehicles duri ...