Nio (NIO) is a Chinese electric vehicle (EV) manufacturer specializing in smart, high-performance electric vehicles and related technologies. It designs and develops premium electric SUVs and sedans, alongside battery-swapping technology and autonomous driving solutions. Nio has expanded internationally, serving markets in China, Europe, and the U.S., and is known for its innovative business model, including Battery as a Service (BaaS).

Founded in 2014, the company has its headquarters in Shanghai, China.

NIO stock has delivered a strong performance in 2025, rising approximately 41% year-to-date, significantly outperforming the Hang Seng Index’s 26% gain. The electric vehicle maker benefits from growing demand in China’s EV market and expanding international presence. Technical indicators show positive momentum as the stock has recently reached new 2025 highs.

Nio reported its first quarter 2025 financial results with an EPS loss of $0.45, wider than the analyst consensus estimate of a $0.22 loss. Revenue rose 21.5% year-over-year (YoY) to approximately $1.66 billion but fell short of analyst expectations. Despite growing sales, Nio reported a net loss of about $930 million, a 30.2% increase from Q1 2024. Vehicle margin improved to 10.2%, up from 9.2% in the prior year, while gross margin reached 7.6%.

Other financial highlights include a 42.1% decline in deliveries quarter-over-quarter (QoQ) and an operating loss of RMB 6.42 billion, reflecting ongoing pressure from pricing and increased costs. Vehicle deliveries increased 40.1% to 42,094 units compared to the same period last year. Nio completed a significant equity placement and launched new products, including Firefly models, while implementing cost control measures and streamlining operations.

Looking ahead, Nio expects deliveries between 72,000 and 75,000 vehicles in Q2 2025, signaling 25.5% to 30.7% growth YoY. The company aims to achieve breakeven and double-digit gross margins by Q4 2025, supported by new product launches, improved cost efficiency, and a strategic focus on higher-margin sales models.

NIO officially unveiled the All-New ES8 on Thursday at a pre-launch event in Chengdu. The premium flagship three-row SUV is available for pre-orders ahead of a late September launch. The new ES8 is being offered in six-and seven-seat Executive Premium and Executive Signature Editions, priced at RMB 416,000 ($58,170) and RMB 456,800 ($63,875) respectively.