NIO net loss narrows amidst higher sales of electric vehicles

Net loss decreased 1% in 2025 compared to the year before.

Smart electric vehicle manufacturer NIO Inc. reported a net loss of $898.73m (US$697.2m) in the second quarter of 2025, representing a decrease of 1% from the second quarter of 2024 and a decrease of 26% from the first quarter of 2025.

Vehicle sales were up 2.9% in Q2 to $2.9b (US$2.25b). Total revenues from the same quarter increased 9% to $3.42b (US$2.65b).

Vehicle deliveries were 72,056 in the second quarter of 2025, representing an increase of 25.6% from the second quarter of 2024 and an increase of 71.2% from the first quarter of 2025. The deliveries consisted of 47,132 vehicles from the Company’s premium smart electric vehicle brand NIO, 17,081 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO and 7,843 vehicles from the Company’s small smart high-end electric car brand FIREFLY.

Net loss attributable to NIO’s ordinary shareholders in the second quarter of 2025 was $925.16b (US$717.7m), representing an increase of 0.3% from the second quarter of 2024 and a decrease of 25.4% from the first quarter of 2025.

For the third quarter, NIO expects total revenues to increase between 16.8% to 22.5%, compared to the year before.

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