Increase in Smart EV Deliveries
NIO delivered 42,094 smart EVs in Q1 2025, marking a 4.1% year-over-year increase. Deliveries for Q2 are projected to grow by 25.5% to 30.7% year over year.
New Model Launches
NIO successfully launched and delivered new models including ES6, EC6, ET5, and ET5P in late May, expected to drive significant growth in future quarters.
Technological Advancements
NIO's smart driving chip NS9031 has been deployed across several models, enhancing product competitiveness and vehicle cost structure.
Successful Hong Kong Share Offering
NIO completed a share offering in Hong Kong, raising over 4,000,000,000 Hong Kong dollars, attracting global long-term investors.
Operational Efficiency and Cost Reduction
Continued efforts in cost reduction and operational efficiency improvements have led to an increase in vehicle and overall gross margin.