Nio Reports Significant Quarterly Losses Due To China’s Covid Lockdowns ValueWalk / 09 Jun 2022   COVID-19 lockdowns in China have played a major role in Nio Inc (NYSE:NIO)’s first-quarter losses of $ 281.2 million from $ 68.8 a year ago. Factory shutdowns hampered the company’s output during the first five months while demand for … Continue reading Nio Reports Significant Quarterly Losses Due To China’s Covid Lockdowns →