Nio Narrows Losses with Record Vehicle Deliveries in Q3 2025
Chinese electric vehicle manufacturer Nio reported narrowing losses and record-high deliveries for the third quarter of 2025, delivering a total of 87,071 vehicles. This marks a significant increase from both the previous year (40.8%) and the second quarter of this year (20.8%). The company's revenue also saw growth but at a slower rate compared to delivery figures.Of the deliveries, 36,928 were under the NIO brand, 37,656 under Onvo, and 12,487 under Firefly. Vehicle sales generated 19.2 billion yuan (2.34 billion euros) in revenue for Q3, a year-over-year increase of 15% and an 19% rise from the second quarter.Nio's gross profit reached 3.02 billion yuan (370 million euros), marking a 10% growth compared to the previous quarter. This contributed to a gross margin of 13.9%, higher than in...