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NIO's Li Bin: Q2 Vehicle Gross Margin Remains High at 18.5%, Benefiting from Strong Sales of High-Margin Models and Cost Structure Optimization
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Author：小编
On the evening of September 1, Li Bin, founder of NIO, revealed during the Q2 2026 earnings call that the company's consolidated gross margin for the second quarter was 18.4%. Despite significant increases in industry raw material costs, the vehicle gross margin still reached 18.5% due to strong sales of high-margin models and optimization of the cost structure. Additionally, the gross margin for other sales was 17.0%, with services and community operations continuing to be profitable.
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