Chinese electric vehicle maker NIO posted stronger-than-expected revenue for the fourth quarter of 2021, but guidance for the first quarter this year was lower than expected.
NIO reported a revenue of 9.9 billion yuan ($1.55 billion) in the fourth quarter, rising 49% from a year earlier and up 1% from the previous quarter. That's above the median estimate of 9.72 billion yuan by analysts in a Bloomberg poll.
