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NIO has unveiled its financial report for the first quarter of 2025, reporting a revenue exceeding RMB 12 billion, alongside a vehicle gross margin of 10.2%. The company delivered a total of 42,094 new vehicles during the period. With the successful launch of new models ES6, EC6, ET5, and ET5T, NIO has significantly bolstered its market competitiveness. Furthermore, the company has announced the first model of its third brand, Firefly, and has commenced deliveries. Looking ahead, NIO anticipates delivering between 72,000 and 75,000 vehicles in the second quarter.
NIO remains committed to enhancing its R&D capabilities, introducing multiple technological innovations, and accelerating the expansion of its global battery swap stations and charging networks.
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