NIO to launch nine new models under three brands this year: CEO

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NIO will in 2025 launch nine new and refreshed models under its three brands, and is set to enjoy higher gross margins compared with the existing models, as the Chinese electric vehicle maker aims to break even by year-end, its chief executive said on Tuesday. We will attract customers with new models nearly every month starting from May or June,” William Li, NIO’s founder, chairman, and CEO told reporters in Shanghai (our translation). “This underpins our confidence in delivering significant growth, especially in the third and fourth quarters of 2025,” Li added. NIO’s vehicle margin fell from 20.1% in 2021 to 13.1% as of last year. READ MORE: NIO CEO says company prepared for market upheaval in 2025