Accompanying William Li on the European trip are Firefly president and Nio CFO Stanley Qu, who also heads Nio Power.
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Category: William Li
Li told employees that the fourth-quarter profitability target must be achieved, and everyone should intensify their efforts.
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For industry demand, achieving even half of this year's fourth-quarter levels in the first quarter of next year would be a positive outcome, Li said.
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Both the Onvo L90 and the new Nio ES8 are high-priced products with solid gross margins, Li said.
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Nio's William Li said that with the improvement of infrastructure and innovation in products and technology, the era of electrification for large-space SUVs has arrived.
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Li's remarks imply that Onvo delivered at least 6,160 vehicles in May.
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Onvo's cumulative deliveries at the end of April totaled 39,942 vehicles.
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Nio's William Li delivered an ET9 to ZF CEO Holger Klein on the first day of the 2025 Shanghai auto show.
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Nio's William Li delivered an ET9 to Robin Zeng, founder, chairman and CEO of CATL.
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Richard Liu, founder of JD.com, has ordered an ET9, as Nio's William Li continues to pitch the executive sedan to entrepreneurs.
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