Nio Q1 Revenue and Deliveries Up

Nio (NYSE:NIO) reported fiscal 2025 first-quarter earnings on June 3, 2025, delivering 42,094 vehicles in the first quarter, up 4.1% year over year and total revenue (GAAP) of RMB 12 billion, up 21.5% year over year and down 38.9% quarter over quarter. Vehicle gross margin (GAAP) reached 10.2%, and management reaffirmed its delivery guidance of 72,000–75,000 units for the second quarter, with targets for breakeven and double-digit gross margin in Q4 2025. Key developments include accelerated cost controls, strategic new model launches, and a disciplined transition to an inventory-based sales model under competitive industry dynamics.Nio's organization now manages three brands -- Nio, Onvo (referred to as "Amo/Ambu"), and Firefly -- with distinct product launches in Q2 and further major additions slated for Q3. Cost control measures have been implemented through cross-brand resource integration, logistics, and R&D streamlining, directly reducing operating expenditure targets.Execution on sharply lowered R&D and SG&A targets strengthens the path to breakeven, improves cash flow prospects, and enhances flexibility for continued product innovation while defending market share across divergent customer tiers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool