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At a recent communication meeting, NIO CEO Li Bin disclosed that the company hit its lowest point in the first quarter of this year but has since embarked on an upward trajectory, commencing in the second quarter. He delineated NIO's developmental journey into three distinct phases: from inception to 2021, the brand secured significant high-end breakthroughs; spanning 2022 to 2024, operational targets fell short; and commencing this year, the third phase has dawned, with early investments beginning to yield tangible results. Li Bin anticipates that sales in the second quarter will reach between 72,000 and 75,000 units, potentially establishing a new quarterly benchmark. Furthermore, he affirmed that by the fourth quarter, NIO will comprehensively meet its operational targets across sales, gross profit, and expense management.
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