Increase in Electric Vehicle Deliveries
The company delivered 42,094 smart EVs in Q1 2025, which is a 4.1% year-over-year increase. The total deliveries in April and May were 946,231, and the company expects Q2 deliveries to reach between 147,000 units, marking a 25.5% to 30.7% growth year over year.
Launch of New Models
Successfully launched and delivered new models ES6, EC6, ET5, and ET5P in late May. The new models are equipped with NIO's smart driving chip NS9031 and the full domain vehicle operating system, SkyOS.
Record Revenue Growth
Total revenues reached 12,000,000,000 RMB, marking a 21.5% increase year over year, although there was a decrease of 38.9% quarter over quarter.
Positive Market Reception for New Technologies
The new world model-based version of smart driving was well-received, providing full upgrades in active safety, urban and highway driving, and parking.
Successful Fundraising Efforts
Completed a share offering in Hong Kong, raising over 4,000,000,000 Hong Kong dollars, which was oversubscribed multiple times, attracting global long-term investors.