1、NIO Inc.Reports Unaudited First Quarter 2025 Financial Results06/3/2025SHANGHAI,June 03,2025(GLOBE NEWSWIRE)-NIO Inc.(NYSE:NIO;HKEX:9866;SGX:NIO)(“NIO”or the“Company”),apioneer and a leading company in the global smart electric vehicle market,today announced its unaudited financial results for thefi

2、rst quarter ended March 31,2025.Operating Highlights for the First Quarter of 2025Vehicle deliveries were 42,094 in the first quarter of 2025,consisting of 27,313 vehicles from the Companys premiumsmart electric vehicle brand NIO and 14,781 vehicles from the Companys family-oriented smart electric v

3、ehicle brandONVO,representing an increase of 40.1%from the first quarter of 2024,and a decrease of 42.1%from the fourth quarterof 2024.Key Operating Results 2025 Q12024 Q42024 Q32024 Q2Deliveries42,09472,68961,85557,373 2024 Q12023 Q42023 Q32023 Q2Deliveries30,05350,04555,43223,520 Financial Highlig

4、hts for the First Quarter of 2025Vehicle sales were RMB9,939.3 million(US$1,369.7 million)i in the first quarter of 2025,representing an increase of18.6%from the first quarter of 2024 and a decrease of 43.1%from the fourth quarter of 2024.Vehicle marginii was 10.2%in the first quarter of 2025,compar

5、ed with 9.2%in the first quarter of 2024 and 13.1%in thefourth quarter of 2024.Total revenues were RMB12,034.7 million(US$1,658.4 million)in the first quarter of 2025,representing an increase of21.5%from the first quarter of 2024 and a decrease of 38.9%from the fourth quarter of 2024.Gross profit wa

6、s RMB919.6 million(US$126.7 million)in the first quarter of 2025,representing an increase of 88.5%fromthe first quarter of 2024 and a decrease of 60.2%from the fourth quarter of 2024.Gross margin was 7.6%in the first quarter of 2025,compared with 4.9%in the first quarter of 2024 and 11.7%in thefourt