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NIO's Q2 2026 net loss narrows to RMB528 million amid 69.1% revenue growth.

NIO Inc. reported its unaudited financial results for the second quarter of 2026, revealing a net loss of RMB528 million, a significant improvement from the RMB5 billion loss in the same quarter last year. The company achieved total revenues of RMB32.1 billion, marking a 69.1% year-over-year increase. Vehicle sales revenue rose to RMB29.1 billion, up 80.1% year-over-year, driven by higher electric vehicle deliveries and a higher average selling price.

Key points

  • Vehicle sales revenue increased to RMB29.1 billion, up 80.1% year-over-year, driven by higher electric vehicle deliveries and a higher average selling price.
  • NIO's Q2 2026 net loss narrowed to RMB528 million, a significant improvement from the RMB5 billion loss in the same quarter last year.
  • The company achieved total revenues of RMB32.1 billion, marking a 69.1% year-over-year increase.

Sources

AI-generated from public news sources. Not financial advice.

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