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CEO William Li: NIO Delivers 40,000 ES8 Last Quarter, Likely to Meet Profit Target
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William Li, CEO of NIO-SW (09866.HK), laid out forecast during his first internal speech of the new year that the company should have delivered 40,000 units of the new ES8 in the fourth quarter of last year, achieving solid gross margins per vehicle, which is expected to help reach the profit target for the quarter, Chinese news broke. Li also outlined a medium-to-long-term growth blueprint, aiming for NIO to maintain an annual sales growth rate of 40-50% over the next three to five years. AASTOCKS Financial News Website: www.aastocks.com |
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