NIO Achieves First Quarterly Profit; Founder Li Bin Citing Increased Costs Per Vehicle Due to Rising Storage and Raw Material Prices

On March 10th, NIO released its Q4 and full-year 2025 financial report. The data shows that NIO's operating profit reached 1.25 billion yuan in Q4, achieving its first quarterly profit; deliveries reached 124,800 units, a year-on-year increase of 71.7%; and cash reserves increased to 45.9 billion yuan.

Notably, NIO founder Li Bin recently revealed that due to rising prices of storage memory and raw materials, the cost per high-end new energy vehicle will increase by 3,000 to 5,000 yuan, bringing the total cost pressure close to 10,000 yuan. However, he emphasized that NIO has built a system capable of coping with cost fluctuations through optimized supply chain management and technological iteration, and currently has no plans to adjust product prices.