Six Months Ended June 30,

2024

2025

(Unaudited)

Numerator:

Net loss

(10,230,560)

(11,744,834)

Accretion on redeemable non-controlling interests to redemption value

(162,546)

(292,864)

Net loss attributable to non-controlling interests

8,818

5,330

Net loss attributable to ordinary shareholders of NIO Inc. for basic/dilutive net loss per share

(10,384,288)

(12,032,368)

Denominator:

Weighted-average number of ordinary shares outstanding – basic and diluted

2,047,257,903

2,162,319,854

Basic and diluted net loss per share attributable to ordinary shareholders of NIO Inc.

(5.07)

(5.56)