Vehicle sales expenditures of NIO Inc. 2018-2020

Published by
Wenyi Zhang,
Jan 3, 2024
In 2020, NIO Inc. (Weilai in Chinese), an electric vehicle startup in China, spent 13.3 billion yuan on vehicle sales. NIO's cost of vehicle sales increased by 64 percent in 2020 compared to 2019 and by 169 percent compared to 2018.

Cost of vehicle sales for NIO Inc. from 2018 to 2020 (in billion yuan)

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Release date

April 2021

Region

China

Survey time period

2018 to 2020

Supplementary notes

Note: One yuan is equal to approximately 0.16 U.S. dollars or 0.14 euros (as of February 2022).

Figures have been rounded.

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