Lates News

NIO's chief financial officer, Yu Qu, said on the evening of the 3rd that in the first quarter of 2025, with the launch of new ES6, EC6, ET5, and ET5T models, the transaction prices of new cars have rebounded. In addition, the self-developed chips will bring about cost optimization of around 10,000 yuan per vehicle. With these factors combined, NIO's brand per vehicle gross margin is expected to return to 15% in the second quarter. (Xinhua Finance)