Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com, August 25 (Xinhua)-- Zero cars released its first-half report that total vehicle delivery for the six months ended June 30, 2023 was 44502, down 14.4 percent from 51994 in the same period in 2022. Among them, the delivery volume of T03 was 8975, a decrease of 72.9% compared with 33058 in the same period in 2022, and an increase of 45.4% compared with 18915 in the same period in 2022. The delivery of the T03 C01 decreased by 72.9% to 27493, and the delivery of the C01 began in September 2022.

The revenue of Zero cars in the first half of the year was 5.813 billion yuan, an increase of 14% over the same period last year, with a gross profit margin of 5.9%. The net loss attributable to equity holders was 2.27 billion yuan, compared with 2.44 billion yuan in the same period last year; the adjusted net loss (non-IFRS) was 1.936 billion yuan, compared with 2.322 billion yuan in the same period last year; net cash generated by operating activities was 151 million yuan, compared with 581m yuan in the same period last year.

CTOnews.com learned from the report that sales of zero-running cars and electric vehicles and components were 5.803 billion yuan, up 14.3 percent from the same period last year, mainly due to product portfolio optimization, resulting in an increase in the average price of products; service revenue was 990000 yuan, an increase of 209.4 percent over the same period last year, mainly due to the increase in value-added services, including one-year extended warranty or lifetime warranty, and vehicle networking increased with the increase in vehicle ownership.

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