NIO CFO Yu Qu: The company plans to maintain quarterly research and development investment of 2 to 2.5 billion yuan in 2026, aiming to achieve annual Non-GAAP profitability.

On the evening of March 10th, NIO's CFO, Qu Yu, stated during the 2025 fourth quarter and annual financial report conference call that the company will maintain a quarterly research and development investment of 20 billion to 25 billion yuan in 2026. They will continue to improve research and development efficiency based on the CBU operating mechanism and will dynamically adjust the pace and investment of the company's research and development according to the operating situation and ROI mechanism to ensure the intensity of investment in key products and core technologies. At the same time, Qu Yu stated that based on the five large SUVs currently on sale by the company this year, as well as the strong performance of large vehicles in gross profit margin, NIO will strive to achieve Non-GAAP full-year profitability in 2026.