NIO CFO: NIO brand single car gross profit margin is expected to return to 15% in the second quarter.

NIO's Chief Financial Officer, Yu Qu, stated during the first quarter financial report call for 2025 on the evening of the 3rd that in the second quarter, with the launch of new ES6, EC6, ET5, and ET5T models, the transaction prices of new cars have slightly increased. Additionally, the integration of self-developed chips into the vehicles will bring about a cost optimization of around 10,000 yuan per vehicle. With all these factors combined, it is expected that NIO's brand single-car gross profit margin will return to 15% in the second quarter.