Founder, Chairman, and Chief Executive Officer of Nio
Appears in 1 story
Leading Nio toward first full-year profitability in 2026
Nio burned through more than 100 billion yuan over a decade, came within weeks of insolvency in 2019, and needed a government rescue to survive. In the fourth quarter of 2025, the Chinese electric vehicle maker posted its first-ever quarterly net profit: 282.7 million yuan, or roughly $40 million, on record deliveries of nearly 125,000 vehicles.
Updated Mar 10
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