v3.25.2
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
¥ in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2025
CNY (¥)
¥ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2024
CNY (¥)
¥ / shares
shares
Revenue:      
Total revenues ¥ 31,043,394 $ 4,333,491 ¥ 27,354,604
Cost of sales:      
Total cost of sales (28,226,317) (3,940,242) (25,178,158)
Gross profit 2,817,077 393,249 2,176,446
Operating expenses:      
Research and development (6,188,435) (863,872) (6,082,738)
Selling, general and administrative (8,365,684) (1,167,804) (6,754,256)
Other operating income, net 410,056 57,242 57,177
Total operating expenses (14,144,063) (1,974,434) (12,779,817)
Loss from operations (11,326,986) (1,581,185) (10,603,371)
Interest and investment income 280,745 39,190 713,524
Interest expenses (457,610) (63,880) (347,016)
Loss on extinguishment of debt (14,660) (2,046) (11,326)
Share of loss of equity investees (380,859) (53,166) (93,089)
Other income, net 202,106 28,213 119,727
Loss before income tax expense (11,697,264) (1,632,874) (10,221,551)
Income tax expense (47,570) (6,641) (9,009)
Net loss (11,744,834) (1,639,515) (10,230,560)
Accretion on redeemable non-controlling interests to redemption value (292,864) (40,882) (162,546)
Net loss attributable to non-controlling interests 5,330 744 8,818
Net loss attributable to ordinary shareholders of NIO Inc. (12,032,368) (1,679,653) (10,384,288)
Net loss (11,744,834) (1,639,515) (10,230,560)
Other comprehensive income      
Foreign currency translation adjustment, net of nil tax 260,479 36,361 96,951
Total other comprehensive income 260,479 36,361 96,951
Total comprehensive loss (11,484,355) (1,603,154) (10,133,609)
Accretion on redeemable non-controlling interests to redemption value (292,864) (40,882) (162,546)
Net loss attributable to non-controlling interests 5,330 744 8,818
Comprehensive loss attributable to ordinary shareholders of NIO Inc ¥ (11,771,889) $ (1,643,292) ¥ (10,287,337)
Weighted average number of ordinary shares used in computing net loss per share      
Weighted average number of ordinary shares, basic 2,162,319,854 2,162,319,854 2,047,257,903
Weighted average number of ordinary shares, diluted 2,162,319,854 2,162,319,854 2,047,257,903
Net loss per share attributable to ordinary shareholders      
Net loss per share, basic | (per share) ¥ (5.56) $ (0.78) ¥ (5.07)
Net loss per share, diluted | (per share) ¥ (5.56) $ (0.78) ¥ (5.07)
Weighted average number of ADS used in computing net loss per ADS      
Weighted average number of ADS, basic 2,162,319,854 2,162,319,854 2,047,257,903
Weighted average number of ADS, diluted 2,162,319,854 2,162,319,854 2,047,257,903
Net loss per ADS attributable to ordinary shareholders      
Net loss per ADS, basic | (per share) ¥ (5.56) $ (0.78) ¥ (5.07)
Net loss per ADS, diluted | (per share) ¥ (5.56) $ (0.78) ¥ (5.07)
Vehicle sales      
Revenue:      
Total revenues ¥ 26,075,419 $ 3,639,988 ¥ 24,060,941
Cost of sales:      
Total cost of sales (23,398,863) (3,266,355) (21,386,680)
Other sales      
Revenue:      
Total revenues 4,967,975 693,503 3,293,663
Cost of sales:      
Total cost of sales ¥ (4,827,454) $ (673,887) ¥ (3,791,478)