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NIO-SW: RMB50B+ Invested in R&D in 10 Yrs w/ 9,300 Patents
Qu Yu, CFO of NIO-SW (09866.HK) (NIO.US), said at the 31st China Society of Automotive Engineers Congress that NIO-SW has invested over RMB50 billion in research and development (R...
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NIO-SW: RMB50B+ Invested in R&D in 10 Yrs w/ 9,300 Patents
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Qu Yu, CFO of NIO-SW (09866.HK)  -0.250 (-0.691%)    Short selling $57.30M; Ratio 45.857%   (NIO.US)      , said at the 31st China Society of Automotive Engineers Congress that NIO-SW has invested over RMB50 billion in research and development (R&D) over the past 10 years, according to Chinese media.

Starting from 2022, NIO-SW's annual R&D expenditure is stabilized at about RMB10 billion, with about RMB3 billion per quarter, Qu added. Currently, NIO-SW has around 11,000 engineers and a total of 9,300 patents under application and authorized globally.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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