Core Insights - NIO delivered 21,017 new vehicles in July 2025, marking a year-on-year growth of 25.2% in the first seven months [2] - The launch of the NIO brand's L90 model on July 31 has significantly boosted market confidence, with a starting price of 265,800 CNY for the full purchase and 179,800 CNY with the BaaS battery rental option [4][5] - NIO's strategic focus on large space SUVs is evident with the upcoming release of the new ES8 in August 2025, indicating a strong commitment to innovation and market trends [7][10] Delivery and Sales Performance - Cumulative deliveries reached 806,731 vehicles, with the NIO brand accounting for 737,923 units [2] - The L90 model is positioned as a flagship SUV with a focus on family comfort and spaciousness, featuring a length of 5,145 mm and a wheelbase of 3,110 mm [4][5] Technological Advancements - NIO's self-developed chip, the NX9031, has been successfully integrated into multiple models, enhancing the performance of its intelligent driving capabilities [7] - The company has made significant strides in its charging and battery swap infrastructure, with 3,432 battery swap stations established, including 1,000 high-speed stations [9] Market Position and Future Outlook - NIO is entering a high-growth phase, with expectations of achieving profitability in Q4 2025, driven by new product launches and enhanced service offerings [8][10] - The company is leveraging its decade-long technological innovations to redefine value standards across various market segments [9][10]