Lates News

date
03/09/2025
During the Q2 2025 financial report conference call, NIO Chairman Li Bin stated that the growth in NIO's sales starting from the third quarter will come from the implementation of the multi-brand strategy, which will help increase the company's market share in various segments. Strong demand for the L90 and the all-new ES8 exceeded expectations. The L90 is expected to reach a monthly production capacity of 15,000 units in October, while the ES8 is expected to reach 15,000 units in December. It is anticipated that in the fourth quarter, the average monthly production capacity and sales volume will reach 50,000 units. With the improvement in sales gross margin and cost efficiency, the company's financial performance will greatly improve, driving the company into a new development cycle.