NIO CEO Li Bin: The company's cost optimization has achieved significant results, with operating losses narrowing by more than 30% quarter-on-quarter in the second quarter.

2025-09-02 20:12:09

On September 2nd, NIO founder, chairman, and CEO William Li Bin stated in a Q2 2025 earnings call that the company's gross profit margin for vehicles remained robust, while other businesses achieved significant breakthroughs in gross profit margins. Through the implementation of comprehensive cost-cutting and efficiency-enhancing measures based on the basic operating unit mechanism, cost optimization efforts have yielded significant results, with the company's operating loss narrowing by over 30% quarter-over-quarter in the second quarter.

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