Nio secured a 7 billion yuan ($989 million) investment in Nio China from state-controlled investors last month.
It would make a comprehensive decision about a stock market listing based on capital market conditions, Nio’s chief executive Li Bin said on an earnings call on Thursday.
Nio’s total revenue stood at 1.37 billion yuan ($191.46 million) in the first quarter, the company reported earlier, compared with an average analyst estimate of 1.67 billion yuan, according to IBES data from Refinitiv.
