电动车公社·2026-02-05 15:43Core Viewpoint - NIO has announced its first quarterly profit, projecting adjusted operating profit for Q4 2025 to be approximately 700 million RMB (about 100 million USD), marking a significant turnaround from a loss of 5.5436 billion RMB in Q4 2024 [2][3]. Financial Performance - NIO's adjusted operating profit (non-GAAP) for Q4 2025 is expected to reach around 700 million RMB (approximately 100 million USD), while GAAP operating profit is projected to be between 200 million RMB (about 29 million USD) and 700 million RMB [2]. - This marks the first time NIO has achieved quarterly adjusted operating profit since its inception [2]. - The anticipated profit is attributed to continuous sales growth, an optimized product mix improving vehicle margins, and ongoing cost reduction efforts [2]. Industry Developments - BYD has launched its fifth sub-brand, "Linghui Auto," targeting the B-end operation market with vehicles based on existing platforms [4][6]. - SAIC-GM-Wuling reported global sales of 105,792 units in January, indicating a strong performance in both domestic and international markets [10]. - The new BMW i5 has been launched with prices ranging from 368,000 to 458,000 RMB, featuring upgrades in comfort and technology [11][14]. - New models such as the AITO M6, BYD Song Ultra EV, and Avita 06 GT are set to be released, highlighting the competitive landscape in the automotive market for 2026 [15][19].