SHANGHAI, Sept. 10, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its US$1 billion offering (the “Equity Offering”) relating to a total of 181,818,190 Class A ordinary shares of the Company, which consists of an offering of American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company (the “ADS Offering”), and an offeri ...

Core Viewpoint - XPeng Inc. reported record-high performance in key operational and financial metrics for Q2 2025, including vehicle deliveries, revenue, gross margin, and cash position, amidst intense industry competition [6][12][31]. Operational Highlights - Total vehicle deliveries reached 103,181 in Q2 2025, a 241.6% increase from 30,207 in Q2 2024 [4][12]. - The company operated 677 stores across 224 cities and had 2,348 self-operated charging stations as of June 30, 2025 [4]. Financial Performance - Total revenues for Q2 2025 were RMB 18.27 billion (US$ 2.55 billion), marking a 125.3% increase year-over-year and a 15.6% increase quarter-over-quarter [3][12]. - Vehicle sales revenue was RMB 16.88 billion (US$ 2.36 billion), up 147.6% year-over-year and 17.5% quarter-over-quarter [4][13]. - Gross margin improved to 17.3%, up from 14.0% in Q2 2024 and 15.6% in Q1 2025 [3][15]. - Vehicle margin was 14.3%, an increase from 6.4% in Q2 2024 and 10.5% in Q1 2025 [3][16]. Loss and Expenses - The net loss for Q2 2025 was RMB 0.48 billion (US$ 0.07 billion), a significant reduction from RMB 1.28 billion in Q2 2024 [24][26]. - Non-GAAP net loss was RMB 0.39 billion (US$ 0.05 billion), down from RMB 1.22 billion in the same period last year [25][27]. - Research and development expenses rose to RMB 2.21 billion (US$ 0.31 billion), reflecting a 50.4% increase year-over-year [18]. Cash Position - As of June 30, 2025, cash and cash equivalents totaled RMB 47.57 billion (US$ 6.64 billion), an increase from RMB 45.28 billion as of March 31, 2025 [3][29]. Future Outlook - For Q3 2025, the company expects vehicle deliveries between 113,000 and 118,000, representing a year-over-year increase of approximately 142.8% to 153.6% [31]. - Total revenues are projected to be between RMB 19.6 billion and RMB 21.0 billion, indicating a year-over-year increase of approximately 94.0% to 107.9% [31].

Core Viewpoint - NIO Inc. reported strong delivery results for July 2025, highlighting its growth in the smart electric vehicle market with a total of 21,017 vehicles delivered, contributing to a cumulative total of 806,731 vehicles delivered as of July 31, 2025 [2][6]. Delivery Results - In July 2025, NIO delivered 21,017 vehicles, which included 12,675 from the NIO brand, 5,976 from the ONVO brand, and 2,366 from the FIREFLY brand [2][6]. - Year-to-date deliveries for 2025 reached 135,167 vehicles, marking a 25.2% increase year-over-year [6]. Product Launch - The ONVO L90, a smart large-space flagship SUV, was officially launched on July 31, 2025, with deliveries commencing shortly thereafter [3]. - The ONVO L90 is designed to meet the needs of large three-row SUV users, offering spaciousness, premium comfort, and advanced intelligence features [3]. Company Overview - NIO Inc. is a leading player in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [4]. - The company focuses on innovative technology and user experience, offering vehicles under the NIO, ONVO, and FIREFLY brands [4].

Core Viewpoint - NIO Inc. reported strong delivery results for June and the second quarter of 2025, indicating significant year-over-year growth in vehicle deliveries and recognition for product quality in the smart electric vehicle market [1][2][3]. Delivery Results - The company delivered 24,925 vehicles in June 2025, marking a 17.5% increase year-over-year [2][6]. - In the second quarter of 2025, NIO delivered 72,056 vehicles, representing a 25.6% increase year-over-year [2][6]. - Cumulative deliveries reached 785,714 as of June 30, 2025 [2][6]. Product Recognition - NIO's products received high recognition in the 2025 J.D. Power studies, with the ET5 and ET5T ranking first among mid-size battery electric sedans, and the EC6 leading in the premium BEV segment [3]. - The company has maintained first place in its segment in J.D. Power's quality research for seven consecutive years since 2019, highlighting superior product quality and user satisfaction [3]. Company Overview - NIO Inc. is a leading company in the global smart electric vehicle market, founded in November 2014, with a mission to shape a sustainable future [4]. - The company offers premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and small high-end electric cars with the FIREFLY brand [4].

Core Viewpoint - NIO Inc. reported its unaudited financial results for the first quarter of 2025, highlighting a year-over-year increase in vehicle deliveries and sales, but a significant decline compared to the previous quarter. Operating Highlights - Vehicle deliveries reached 42,094 in Q1 2025, a 40.1% increase from Q1 2024, but a 42.1% decrease from Q4 2024 [2][3] - Deliveries included 27,313 vehicles from the NIO brand and 14,781 from the ONVO brand [2] Financial Highlights - Total revenues for Q1 2025 were RMB12,034.7 million (US$1,658.4 million), up 21.5% year-over-year but down 38.9% quarter-over-quarter [6][7] - Vehicle sales amounted to RMB9,939.3 million (US$1,369.7 million), reflecting an 18.6% increase from Q1 2024 but a 43.1% decrease from Q4 2024 [6][7] - Gross profit was RMB919.6 million (US$126.7 million), an increase of 88.5% year-over-year but a decrease of 60.2% from the previous quarter [6][7] - Net loss for Q1 2025 was RMB6,750.0 million (US$930.2 million), a 30.2% increase from Q1 2024 and a 5.1% decrease from Q4 2024 [23][24] Recent Developments - In April and May 2025, NIO delivered 23,900 and 23,231 vehicles respectively, bringing total deliveries for 2025 to 89,225 as of May 31, 2025 [8] - The company completed an equity placement of HK$4,030.13 million on April 7, 2025, issuing 136,800,000 Class A ordinary shares [9] - NIO launched the firefly, a small smart high-end electric car, in April 2025, and began deliveries of four upgraded products in May 2025 [11][12] Management Comments - The CEO noted a solid year-over-year increase in deliveries and expressed optimism for Q2 2025, expecting total deliveries to reach between 72,000 and 75,000, representing a year-on-year growth of 25.5% to 30.7% [13] - The CFO mentioned the implementation of cost control measures and aims for structural improvements in overall cost efficiency starting from Q2 2025 [15] Business Outlook - For Q2 2025, NIO expects deliveries between 72,000 and 75,000 vehicles and total revenues between RMB19,513 million (US$2,689 million) and RMB20,068 million (US$2,765 million) [26][29]

Company Performance - Li Auto delivered 40,856 vehicles in May 2025, marking a year-over-year increase of 16.7% [1] - Cumulative deliveries reached 1,301,531 as of May 31, 2025 [1] Product Development - The company completed a comprehensive upgrade of its entire model lineup, with the new Li MEGA Home deliveries starting in late May [2] - The Li L series features significant enhancements, including dual-chamber air suspension and industry-leading safety capabilities with standard all-weather LiDAR [2] Technological Advancements - Li Auto rolled out OTA update version 7.4, enhancing the smart assistant Li Xiang Tong Xue with new animated avatars and improved intelligence [3] - The company plans to complete the deployment of its 2,500th super charging station in June, ahead of the launch of its first battery electric SUV, Li i8, in July [3] Infrastructure Expansion - As of May 31, 2025, Li Auto operated 506 retail stores in 152 cities and 502 servicing centers across 222 cities [4] - The company had 2,414 super charging stations in operation, equipped with 13,195 charging stalls in China [4] Company Overview - Li Auto is a leader in China's new energy vehicle market, focusing on premium smart electric vehicles and extended-range electric vehicles [5] - The current model lineup includes Li MEGA, Li L9, Li L8, Li L7, and Li L6, with plans for further expansion to target a broader user base [5]

Core Viewpoint - NIO Inc. reported significant growth in vehicle deliveries for April 2025, highlighting the company's strong performance in the smart electric vehicle market [2][6]. Delivery Results - The company delivered 23,900 vehicles in April 2025, marking a 53.0% increase year-over-year [2][6]. - Year-to-date deliveries reached 65,994 vehicles, reflecting a 44.5% increase compared to the same period last year [6]. - Cumulative deliveries totaled 737,558 as of April 30, 2025 [2][6]. Brand Performance - Deliveries included 19,269 vehicles from the premium smart electric vehicle brand NIO and 4,400 vehicles from the family-oriented brand ONVO [2]. - The small smart high-end electric car brand FIREFLY commenced deliveries in late April 2025, following its official launch on April 19, 2025 [3][6]. Company Overview - NIO Inc. is recognized as a pioneer in the global smart electric vehicle market, founded in November 2014 [4]. - The company aims to create a sustainable future with a mission of "Blue Sky Coming," focusing on innovative technology and user experience [4].

Core Viewpoint - NIO Inc. has filed its 2024 annual report with the SEC, highlighting its position as a leader in the global smart electric vehicle market [1]. Company Overview - NIO Inc. is a pioneer in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future under the slogan "Blue Sky Coming" [3]. - The company focuses on innovative technology and user experience, designing, developing, manufacturing, and selling smart electric vehicles [3]. - NIO offers premium smart electric vehicles under its own brand, family-oriented smart electric vehicles through the ONVO brand, and small high-end electric cars under the FIREFLY brand [3]. Annual Report Details - The 2024 annual report includes audited consolidated financial statements and is available on the company's investor relations website [1]. - Shareholders and ADS holders can request a hard copy of the annual report free of charge [2].

Core Insights - NIO Inc. reported a significant increase in vehicle deliveries for March 2025 and the first quarter, indicating strong growth in the smart electric vehicle market [2][6]. Delivery Results - The company delivered 15,039 vehicles in March 2025, marking a year-over-year increase of 26.7% [2][6]. - For the first quarter of 2025, NIO delivered a total of 42,094 vehicles, which represents a 40.1% increase year-over-year [2][6]. - Cumulative deliveries reached 713,658 vehicles as of March 31, 2025 [2][6]. Product Launch - NIO commenced deliveries of the NIO ET9, its smart electric executive flagship, in late March 2025, which showcases the company's advanced technologies and aims to set a new standard in the executive vehicle segment [3]. Company Overview - NIO Inc. is recognized as a pioneer in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [4]. - The company focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and high-end electric cars with the FIREFLY brand [4].

Core Viewpoint - NIO Inc. reported strong delivery results for February 2025, indicating significant growth in the smart electric vehicle market, with a year-over-year increase in deliveries. Delivery Performance - The company delivered 13,192 vehicles in February 2025, representing an increase of 62.2% year-over-year [2][6] - Year-to-date deliveries reached 27,055 vehicles, marking a 48.8% increase compared to the same period last year [6] - Cumulative deliveries as of February 28, 2025, totaled 698,619 vehicles [2][6] Brand Performance - Deliveries included 9,143 vehicles from the premium smart electric vehicle brand NIO and 4,049 vehicles from the family-oriented brand ONVO [2] Service Efficiency - During the peak travel period around the Chinese New Year, NIO's power network facilitated over 1.7 million battery swaps from January 22 to February 5, 2025 [3] - The busiest station managed up to 180 swaps per day, with over 80% of energy replenishment on highways achieved through power swaps [3] - The company provided over 21,000 flexible battery upgrades to enhance long-distance travel experiences [3] Company Overview - NIO Inc. is a leading player in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [4] - The company focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand, family-oriented vehicles through ONVO, and small high-end electric cars with the FIREFLY brand [4]