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NIO Reports Q1 Revenue of RMB 12.035 Billion, Forecasts Q2 Sales Volume of 72,000-75,000 Units
2025-06-04 /
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Author：小编
On June 3, NIO Inc. unveiled its financial results for the first quarter of 2025 on the Hong Kong Stock Exchange. For the quarter, the company achieved total revenue of RMB 12.0347 billion, marking a 21.5% increase year-on-year but a 38.9% decline quarter-on-quarter. Gross profit stood at RMB 919.6 million, up 88.5% year-on-year and down 60.2% quarter-on-quarter. The gross profit margin improved to 7.6%, up from 4.9% in Q1 2024 but lower than the 11.7% recorded in Q4 2024. Looking ahead, NIO anticipates vehicle deliveries to range between 72,000 and 75,000 units in Q2 2025, representing a year-on-year increase of approximately 25.5% to 30.7%.
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