NIO Inc. is a leading company in the global smart electric vehicle market, founded in November 2014. The company designs, develops, manufactures, and sells smart electric vehicles, aiming to drive innovation in next-generation core technologies. NIO offers a range of electric vehicles tailored to different customer needs, focusing on premium quality, family-oriented designs, and compact high-end models.
- Premium Smart Electric Vehicles (NIO brand) - Targets the high-end market with advanced technology and luxury features.
- Family-Oriented Smart Electric Vehicles (ONVO brand) - Focuses on providing electric vehicles designed for family use.
- Small Smart High-End Electric Cars (FIREFLY brand) - Offers compact, high-end electric cars for urban and individual use.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Bin Li ExecutiveBoard | Founder, Chairman, and Chief Executive Officer (CEO) | Bin Li is the Founder, Chairman, and Chief Executive Officer (CEO) of NIO Inc since the company’s inception in November 2014. There is limited additional career history available. | View Report → | |
Yu Qu Executive | Chief Financial Officer (CFO) | Yu Qu serves as the Chief Financial Officer (CFO) at NIO Inc., with filings confirming their current role. No additional background, career history, or board memberships in NIO or external roles are provided. | ||
Denny Ting Bun Lee Board | Independent Director | Denny Ting Bun Lee is an independent director at NIO as of June 25, 2025, with no additional background details available in the documents. | ||
Eddy Georges Skaf Board | non-executive director | Eddy Georges Skaf is a non-executive director at NIO as of June 25, 2025. No further background or career details are provided in the documents. | ||
Hai Wu Board | Independent Director | Hai Wu is listed as one of the independent directors on NIO's board as of June 25, 2025, with no further biographical or career details available. | ||
Lihong Qin Board | director | Lihong Qin currently serves as a director on the board of directors at NIO Inc. The documents do not provide further details about additional roles, committee memberships, or employment start dates. | ||
Nicholas Paul Collins Board | non-executive director | Nicholas Paul Collins serves as a non-executive director on the board of NIO Inc., with no additional background details provided in the documents. | ||
Yonggang Wen Board | Independent Director | Yonggang Wen serves as an independent director on the board of NIO Inc. as of June 25, 2025. No additional background or other board memberships are provided in the documents. | ||
Yu Long Board | Independent Director | Yu Long serves as an independent director on NIO's board as of June 25, 2025, but no additional biographical details are provided. |
Research analysts who have asked questions during NIO earnings calls.
Ming Hsun Lee
Bank of America
5 questions for NIO
Paul Gong
UBS
5 questions for NIO
Tim Hsiao
Morgan Stanley
5 questions for NIO
Tina Hou
Goldman Sachs Group, Inc.
5 questions for NIO
Yuqian Ding
HSBC
5 questions for NIO
Bin Wang
Deutsche Bank
4 questions for NIO
Jing Chang
CICC
3 questions for NIO
Xue Deng
CICC
2 questions for NIO
Y.C. Lai
JPMorgan Chase & Co.
2 questions for NIO
Ben Wang
Deutsche Bank
1 question for NIO
Jeff Chung
Citigroup
1 question for NIO
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
JAC (Anhui Jianghuai Automobile Group Corp., Ltd.) | 2023 | NIO acquired a production facility from JAC to transition from an asset-light to a more asset-heavy manufacturing approach, while maintaining existing manufacturing agreements; this move is expected to reduce manufacturing costs by approximately 10%. |
Recent press releases and 8-K filings for NIO.
- On September 17, 2025, NIO Inc. announced the completion of its US$1.16 billion equity offering.
- The offering included a total of 209,090,918 Class A ordinary shares, comprising American depositary shares (ADSs) and Class A ordinary shares, with the underwriters fully exercising their option to purchase additional ADSs.
- The ADSs were sold at a public offering price of US$5.57 per ADS, and the Class A ordinary shares were sold at HK$43.36 per share.
- NIO plans to use the net proceeds to invest in research and development of core technologies, develop future technology platforms and vehicle models, expand its battery swapping and charging network, strengthen its balance sheet, and for general corporate purposes.
- NIO reported Q2 2025 deliveries of 72,056 smart EVs, a 25.6% year-over-year increase, contributing to total revenues of RMB19 billion, up 57.9% quarter-over-quarter.
- The company provided strong Q3 2025 delivery guidance of 87,000 to 91,000 vehicles and targets Q4 2025 deliveries of 150,000 units, averaging 50,000 units per month across all three brands.
- NIO's Q2 2025 overall gross margin was 10%, with vehicle gross margin at 10.3%; the company targets a vehicle gross margin of 16% to 17% for Q4 2025 and a long-term group product margin of 20%.
- The non-GAAP adjusted net loss narrowed by 34.3% quarter-over-quarter to RMB4.1 billion in Q2 2025, with a target to achieve non-GAAP breakeven by Q4 2025 through improved operational efficiency and cost control, including quarterly non-GAAP R&D expenses of around RMB2 billion.
- New models like the Envoy L90 and all-new ES8 are driving strong market demand, with the L90 delivering 10,575 units in its first full month, and production capacity is being ramped up to support demand, reaching a combined 56,000 units/month across all brands in Q4.
- NIO Inc. reported 31,305 vehicle deliveries in August 2025, achieving a new record-high monthly delivery and an increase of 55.2% year-over-year.
- Year-to-date deliveries for 2025 reached 166,472 vehicles, marking a 30.0% year-over-year increase.
- As of August 31, 2025, cumulative deliveries for NIO Inc. totaled 838,036 vehicles.
- The August 2025 deliveries comprised 10,525 vehicles from the NIO brand, 16,434 from the ONVO brand, and 4,346 from the FIREFLY brand.
- NIO reported Q2 2025 total revenues of $2.65 billion, a 9% increase year-over-year, with vehicle deliveries rising 25.6% to 72,056 units.
- Despite revenue growth, the company posted a net loss of approximately $697 million, and vehicle margin dropped to 10.3% from 12.2% due to a lower average selling price from the introduction of sub-brands Onvo and Firefly.
- Vehicle sales revenue increased only 2.9% year-over-year to $2.25 billion, while other sales, including used cars and services, grew significantly by 62.6% to $401 million.
- For Q3 2025, NIO expects revenues between $3.045 billion and $3.193 billion and anticipates vehicle deliveries of 87,000 to 91,000 units, representing a 40.7% to 47.1% increase.
- Nio's stock is experiencing a significant surge, fueled by strong vehicle registration numbers, robust pre-orders for its new ES8 SUV, and positive analyst upgrades.
- JPMorgan upgraded Nio's stock rating to overweight and boosted its price target by 67% to $8, while Morgan Stanley maintained its overweight rating, citing over 30,000 ES8 pre-orders.
- Morgan Stanley projects Nio's potential monthly sales to reach 40,000 to 50,000 units starting in October, with deliveries of the more affordable ES8 SUV set to begin in late September.
- Nio's diversification strategy, including the success of its ONVO sub-brand, which logged its second strongest week on record, supports its long-term growth prospects.
- NIO Inc. delivered 24,925 vehicles in June 2025, representing a 17.5% year-over-year increase.
- For the second quarter of 2025 (three months ended June 2025), the company delivered a total of 72,056 vehicles, an increase of 25.6% year-over-year.
- Cumulative deliveries for NIO Inc. reached 785,714 vehicles as of June 30, 2025.