Nio sees Q2 revenue RMB 19.513B-RMB 20.068B

For the second quarter of 2025, the Company expects: Deliveries of vehicles to be between 72,000 and 75,000 vehicles, representing an increase of approximately 25.5% to an increase of approximately 30.7% from the same quarter of 2024. Total revenues to be between RMB19,513 million and RMB20,068 million, representing an increase of approximately 11.8% to an increase of approximately 15.0% from the same quarter of 2024. “Since the first quarter, we have implemented a range of cost control measures, including organizational restructuring, cross-brand integration, and efficiency improvements in R&D, supply chain, sales and services,” added Stanley Yu Qu, CFO. “Starting from the second quarter, the Company aims to achieve structural improvements in overall cost efficiency, with continued progress in operational performance.”