Lates News

At today's NIO's 2025 first quarter financial report conference call, NIO's chairman Li Bin stated that in the fourth quarter of this year, NIO brand is expected to achieve a monthly sales volume of 25,000 units, which is a 20% increase from last year's stable sales of 20,000 units. The improvement in gross profit margin is expected to exceed 20%. The management also stated that in order to achieve the goal of breaking even in the fourth quarter, research and development expenses will be between 2-2.5 billion RMB, with a 20-25% efficiency improvement compared to the same period last year; sales and management expenses will also continue to balance input and output efficiency, accounting for around 10% of sales revenue.