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On September 2, NIO unveiled its financial results for the second quarter of 2025. During the earnings conference call, Li Bin, the company's founder, chairman, and CEO, highlighted that NIO's vehicle gross margin remained stable, while the gross margin of other business segments witnessed significant improvements. Thanks to the robust implementation of comprehensive cost reduction and efficiency enhancement strategies, the company achieved notable cost optimization, with the operating loss in the second quarter contracting by more than 30% on a quarter-over-quarter basis. Additionally, the financial report indicated that NIO's revenue for the second quarter amounted to RMB 19.009 billion, marking a year-over-year increase of 8.96%, while the net loss narrowed by 1.0% year-on-year to RMB 4.9948 billion.
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