NIO(US:NIO) Jin Rong Jie·2025-05-29 13:45Core Viewpoint - NIO, a pioneer in the high-end smart electric vehicle market, reported a revenue increase of 18.18% year-on-year, but also a net loss of 22.658 billion RMB, reflecting a 7.14% decrease in profitability [1][2]. Financial Performance - As of December 31, 2024, NIO's total revenue is projected to be 65.732 billion RMB, marking an 18.18% year-on-year growth [1]. - The company's net profit attributable to shareholders is expected to be -22.658 billion RMB, which is a 7.14% decrease compared to the previous year [1]. Company Overview - NIO was established in November 2014 and aims to create a joyful lifestyle for users through smart electric vehicles [2]. - The company focuses on technological innovations in areas such as autonomous driving, digital technology, electric powertrains, and battery technology [2]. - NIO has introduced several high-end smart electric vehicles, including the ES8, ES6, EC6, ET7, and ET5, with deliveries starting from 2018 to 2021 [2].