The revenue of zero running cars in the third quarter was 4.288 billion yuan: an increase of 398.5% over the same period last year, with a total delivery volume of 35608 vehicles.

CTOnews.com, Nov. 14 (Xinhua)-- Zero Auto today released its third-quarter results for 2022. According to the financial report, zero-running cars had revenue of 4.288 billion yuan in the third quarter, an increase of 398.5% over the same period last year.

CTOnews.com learned that total deliveries of zero-running cars in the third quarter of 2022 were 35608, an increase of 186 per cent from 12471 in the same period in 2021. Where:

T03 deliveries were 17790, up 48 per cent from 12002 in the same period in 2021.

The delivery volume of C11 was 17257, an increase of 67.21% compared with 253 in the same period in 2021.

The delivery volume of the C01 is 561, and zero-running cars will begin to be delivered to the C01 in September 2022.

As of September 30, 2022, the sales network of zero-running cars continued to expand, with 490 stores covering 156 cities.

Financial Summary of Zero Automobile in the third quarter of 2022

Revenue in the third quarter of 2022 was 4.2878 billion yuan, an increase of 398.5% over the same period in 2021 and 38.8% over the second quarter of 2022.

The gross profit margin in the third quarter of 2022 was (8.9%), which was a continuous improvement from (44.5%) in the same period in 2021 and (25.6%) in the second quarter of 2022.

The loss attributable to the equity holders of the Company in the third quarter of 2022 was RMB 1.3399 billion.

It is 719.1 million yuan in the same period in 2021 and 1.4017 billion yuan in the second quarter of 2022.

The net cash used for operating activities in the third quarter of 2022 was 169.1 million yuan, compared with 369.1 million yuan in the same period in 2021 and 195.9 million yuan in the second quarter of 2022.