Nano Dimension (NasdaqCM:NNDM) Q4 2025 Earnings call March 31, 2026 04:30 PM ET Company ParticipantsDavid Stehlin - CEOJohn Brenton - CFOParvah Sanaria - Director of Investor RelationsConference Call ParticipantsMoshe Sarsadi - AnalystOperatorAlso, note today's event is being recorded. At this time, I would like to turn the conference call over to Parvah Sanaria, Director of Investor Relations. Please go ahead.Parvah SanariaThank you, and good afternoon, everyone. Welcome to Nano Dimension's fourth quarter ...

Nano Dimension (NasdaqCM:NNDM) Q4 2025 Earnings call March 31, 2026 04:30 PM ET Company ParticipantsDavid Stehlin - CEOJohn Brenton - CFOParvah Sanaria - Director of Investor RelationsConference Call ParticipantsMoshe Sarsadi - AnalystOperatorAlso, note today's event is being recorded. At this time, I would like to turn the conference call over to Parvah Sanaria, Director of Investor Relations. Please go ahead.Parvah SanariaThank you, and good afternoon, everyone. Welcome to Nano Dimension's fourth quarter ...

Nano Dimension (NasdaqCM:NNDM) Q4 2025 Earnings call March 31, 2026 04:30 PM ET Speaker3Also, note today's event is being recorded. At this time, I would like to turn the conference call over to Parvah Sanaria, Director of Investor Relations. Please go ahead.Speaker4Thank you, and good afternoon, everyone. Welcome to Nano Dimension's fourth quarter and full year 2025 earnings conference call. Joining me today is our CEO, David Stehlin, and our CFO, John Brenton. Before we begin, I will remind you that certa ...

Group 1 - BMW has announced a large-scale global recall involving up to 575,000 vehicles due to a defect in the engine starter mechanism, affecting 16 core models produced between July 2020 and July 2022 [1] - The defect is attributed to a design issue with the starter motor's magnetic switch, which can lead to difficulties in starting the engine, electrical short circuits, and potential fire hazards [1] - BMW plans to address the issue by offering free replacements for the starter motors, with some vehicles also requiring battery replacements [1] Group 2 - This recall is not an isolated incident, as BMW has previously initiated multiple recalls due to core component defects, particularly in safety-critical systems [2] - In September 2025, BMW recalled over 300,000 vehicles due to insufficient waterproofing of starter motors, which could lead to short circuits and fire risks [2] Group 3 - BMW's global market performance shows significant divergence, with total deliveries of 2.4637 million vehicles in 2025, a slight increase of 0.5% year-on-year [3] - The European market has been a key growth driver, with sales reaching 1.0164 million units, a 7.3% increase, and a notable 28.2% rise in electric vehicle sales [3] - In contrast, the Asian market, particularly China, has experienced a decline, with total sales of 871,000 units in 2025, a drop of 9.3%, and a 12.5% decrease in the Chinese market alone [3]

Core Viewpoint - BMW China has initiated a price reduction for 31 models, with the highest decrease reaching 301,000 yuan, reflecting a strategic move to adjust pricing in the competitive automotive market [1][3]. Price Adjustments - The flagship electric model, BMW i7 M70L, has seen a price drop of 301,000 yuan, now priced at 1,598,000 yuan, representing a 16% reduction [3]. - The starting price for the electric model iX1 has decreased from 299,900 yuan to 228,000 yuan, marking a 24% decline [3]. - The 2 Series has also been adjusted, with its starting price reduced from 259,900 yuan to 208,800 yuan, indicating a 20% drop [3]. - Other models, including X2, i4, i5, X6, and X7, have experienced varying degrees of price reductions [3].

Group 1 - BMW is recalling over 145,000 vehicles in the US due to an overheated starter that could increase the risk of fire [1][3] - The recall affects 2020 models of 340I, X7, and X5 [1][3] - BMW dealers will replace the engine starter free of charge as part of the recall [3] Group 2 - Earlier this week, BMW was reported to recall over 196,000 vehicles in the US for a similar engine starter issue that could lead to overheating and short circuits [3]

Group 1: Partnership and Program Overview - ChargeScape, a joint venture involving BMW, Honda, Ford, and Nissan, has partnered with PSEG Long Island to enroll electric vehicles (EVs) in the utility's Peak Load Reduction program, marking a first in the program's nine-year history [1] - The initiative aims to alleviate strain on the power grid during summer months by integrating over 4,000 BMW EV drivers and 2,200 Ford EV drivers into the power grid, providing financial incentives for participants [1][2] Group 2: Technology and Implementation - The Peak Load Reduction program utilizes ChargeScape's proprietary software algorithm, EV AI™, which analyzes real-time data from PSEG Long Island to optimize EV charging timing, duration, and intensity [2] - This technology ensures that EV electricity demand remains within the power grid's capacity at specific times and locations [2] Group 3: Industry Impact and Benefits - The program is seen as a collaborative effort between automakers and power utilities to enhance energy conservation while providing cost savings for EV drivers [3] - It is expected to reduce overall energy consumption, leading to future savings for all customers by decreasing the amount of electricity needed for subsequent summer periods [3] Group 4: Company Backgrounds - ChargeScape is a software company focused on connecting electric utilities, automakers, and EV drivers, helping stabilize electric grids and offering savings on at-home charging [10] - BMW Group has a significant presence in the U.S., with nearly 30 locations across 12 states, contributing over $43.3 billion to the U.S. economy annually [8][5] - Ford Motor Company is committed to innovative vehicle development and has a global workforce of approximately 175,000 employees [9]

Domestic News - The Ministry of Commerce responded to the "involution" competition in the automotive industry, stating that it will strengthen comprehensive rectification and compliance guidance to maintain fair competition and promote healthy industry development [2] - In Shenzhen, the "trade-in" policy has driven the sale of 60,400 vehicles, contributing to a total sales amount of 15 billion yuan in the automotive sector [3] - Tesla has participated in the "New Energy Vehicles Going to the Countryside" initiative for the first time, marking a strategic shift to target lower-tier cities and rural consumers [4] - OPPO signed a global patent licensing agreement with Volkswagen Group, which includes essential patents for cellular communication to enhance user experience in connected vehicles [6] - Changan Automobile's business has been separated into an independent central enterprise, with no immediate plans to merge with Dongfeng [7] - Avita announced plans to launch a new flagship six-seat SUV priced at over one million yuan by 2026, as part of its product expansion strategy [8] - Guotou Investment has made a strategic investment in Jinglue Semiconductor to accelerate the domestic replacement of automotive chips [9][10] - GAC and Changan have invested in Chen Zhi Technology, which has seen a significant increase in registered capital to support its R&D in intelligent driving technology [11] Foreign News - In the UK, new car registrations reached 150,070 in May, reflecting a year-on-year growth of 1.6% [12] - BMW is accelerating the launch of the new generation X5, X6, and X7 models, with significant improvements in energy density and range for electric versions [13] - Tesla's new AI chip, Dojo, is set to be released within two years, with ongoing advancements in its technology [14] - Japan has shifted its stance on US auto tariffs, proposing a tax reduction mechanism based on contributions to the US auto industry instead of a full tariff cancellation [15] Commercial Vehicles - The first OTS vehicle from Chuangwei, a large multifunctional pure electric VAN, has successfully rolled off the production line, marking a significant step towards mass production [16] - Jinlv's luxury coach has been officially delivered, representing a move towards higher quality in the local tourism transport market [18] - Shandong Heavy Industry Group signed a strategic cooperation agreement with China Everbright Bank to enhance collaboration in various financial services [19] - Suining, Sichuan, is supporting the production and application of new energy express delivery vehicles, aiming for significant advancements in intelligent logistics [20]