NIO CFO on Bloomberg, says Nio will reach profitability next year

Nio CFO Stevan Fang made an appearance on Bloomberg today talking about some very important key points.

  • Chinese carmaker expects to double sales to 250,000 this year
  • Price war shows China has ‘too many automakers,’ CFO Feng says
  • Nio shares jumped as much as 8.6% during interview on the HK exchange

In the clip below, Stevan Fang talks about their 8 new models on the NT2 platform , expanding charging network, price competition, financial status, and Nio’s overall business strategy.

| Bloomberg |
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