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Nio’s Net Current Assets Turn Positive as Cash Rises to $7 Billion
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Nio’s Net Current Assets Turn Positive as Cash Rises to $7 Billion
Nio Inc. strengthened its balance sheet in the first quarter of 2026, with net current assets turning positive and cash reserves climbing as the Shanghai-headquartered EV maker seeks its first full year of profitability. The company said its net current assets turned positive as of March 31, and that it generated positive operating cash flow and an adjusted net profit during the quarter, “despite recording a net loss under GAAP.” Cash and cash e…
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