Globenewswireยท2025-09-02 09:30Core Viewpoint - NIO Inc. reported strong growth in vehicle deliveries and financial performance for the second quarter of 2025, with significant increases in revenues and gross profit, while also highlighting new product launches and strategic investments to enhance market position [1][5][11]. Financial Performance - Total revenues for Q2 2025 reached RMB19,008.7 million (US$2,653.5 million), marking a 9.0% increase year-over-year and a 57.9% increase quarter-over-quarter [5][16]. - Vehicle sales amounted to RMB16,136.1 million (US$2,252.5 million), reflecting a 2.9% increase from Q2 2024 and a 62.3% increase from Q1 2025 [5][6]. - Gross profit was RMB1,897.5 million (US$264.9 million), up 12.4% year-over-year and 106.3% quarter-over-quarter [5][6]. - The net loss for Q2 2025 was RMB4,994.8 million (US$697.2 million), a decrease of 1.0% from Q2 2024 and a decrease of 26.0% from Q1 2025 [5][22]. Vehicle Deliveries - NIO delivered 72,056 vehicles in Q2 2025, representing a 25.6% increase from Q2 2024 and a 71.2% increase from Q1 2025 [2][11]. - Cumulative vehicle deliveries reached 838,036 as of August 31, 2025, with July and August deliveries of 21,017 and 31,305 vehicles, respectively [7][11]. Product Launches - The ONVO L90, a family-oriented flagship SUV, was launched on July 31, 2025, with deliveries starting shortly after [8]. - The NIO All-New ES8 was unveiled on August 21, 2025, with pre-orders available and deliveries expected to begin in late September [9]. Strategic Investments - In July 2025, NIO entered an agreement to invest an additional RMB20 billion in NIO China, increasing its controlling equity interest to 91.8% [10]. Future Outlook - For Q3 2025, NIO anticipates total deliveries between 87,000 and 91,000 vehicles, representing a year-on-year growth of 40.7% to 47.1% [12][28]. - Total revenues for Q3 2025 are expected to range between RMB21,812 million (US$3,045 million) and RMB22,876 million (US$3,193 million), indicating a growth of approximately 16.8% to 22.5% from the same quarter of 2024 [28].