Li Bin, the visionary behind NIO, has disclosed that the company aims to attain profitability by the fourth quarter of 2025. He underscored that the forthcoming years herald a golden era for advancements in product technology and infrastructure development, underscoring the pivotal role of management capabilities in navigating this period. Li Bin urged the industry to steer clear of competitive price wars and instead concentrate on fostering technological innovation, enhancing product experiences, and improving services. NIO's first-quarter financial report for 2025 revealed revenues of RMB 12.0347 billion, marking a 21.5% year-over-year growth, albeit accompanied by a 30.2% surge in net losses to RMB 6.75 billion. Vehicle deliveries in the quarter surged 40.1% year-over-year to 42,094 units. Looking ahead, NIO anticipates second-quarter deliveries to range between 72,000 and 75,000 units, indicating a sequential increase of 71% to 78%.