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On November 25th, Li Bin, the founder and chairman of NIO, declared during NIO's Q3 2025 earnings conference call that NIO is brimming with confidence in achieving profitability in the fourth quarter of this year. This goal aligns precisely with the company's operational objectives.
When delving into the source of this unwavering confidence, Li Bin pointed out that it mainly stems from the company's high - gross - margin models. A prime example is the robust order volume for the brand - new ES8, which boasts a substantial backlog of orders.
He also highlighted that while the sales of the Ledo vehicle have taken a hit due to the reduction in trade - in subsidies, the resulting impact on the overall gross profit still falls within the company's anticipated range.
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