NIO is planning to set up a dedicated entity for its chip research and development (R&D) team, with the intent of potentially bringing in strategic investors while retaining control. At present, the company is evaluating two potential equity structure options. To date, NIO has unveiled two in-house developed chips: "Yang Jian" and "Shen Ji NX9031", with the latter already in mass production across multiple vehicle models. Additionally, the company is undergoing an organizational restructuring process, anticipated to reach 80%-90% completion by the third quarter, aimed at bolstering sales, enhancing gross profit margins, and streamlining expenses.
Li Bin, a key figure at NIO, has expressed the company's ambition to achieve profitability in the fourth quarter of this year and enter a period of substantial growth by 2025. He further emphasized that NIO's chips and operating systems will be made accessible to the entire industry, fostering broader collaboration and innovation.