NIO Reports Q1 Revenue Growth Amid Market Challenges

NIO Inc. reported its unaudited financial results for Q1 2025, with vehicle deliveries reaching 42,094, a 40.1% increase YoY but a decline from the previous quarter. Revenue increased by 21.5% YoY to RMB12.03 billion, while net loss widened to RMB6.75 billion. The company launched new products, completed a share offering, and expects Q2 deliveries between 72,000 and 75,000 vehicles, with revenues rising further. Despite ongoing losses, NIO emphasizes technological innovation and cost control efforts.