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The Chinese EV maker announced today a significant financial milestone , projecting its first-ever quarterly adjusted operating profit for the fourth quarter of 2025. This achievement comes 11 years after the company’s establishment, marking a pivotal moment in its financial trajectory  Nio ES8 Nio expects to achieve a significant financial milestone: its first quarterly profit in the fourth quarter of 2025 — both non-GAAP and GAAP —. The Chinese electric vehicle (EV) maker issued a profit alert in pre-market trading on Thursday, projecting adjusted operating profit (non-GAAP) for the fourth quarter to range between about 700 million yuan ($100 million) and 1.2 billion yuan ($172 million).  This represents the first time the company expects to record a single-quarter adjusted operating profit. By comparison, Nio recorded a non-GAAP adjusted operating loss of 5.54 billion yuan in the fourth quarter of 2024.  On a generally accepted accounting principles (GAAP) basis, N...

The EV maker mark a milestone in the city where it has its global headquarters. In Shanghai's car market with prices above 300,000 yuan ($41,140), Nio has become the first Chinese brand to reach the 100,000th unit delivery milestone  William Li , Nio's founder, chairman and CEO , announced that the company has reached its 100,000th car delivered in Shanghai, marking a milestone for the electric vehicle (EV) maker in the city where it has its global headquarters . This comes seven years after the delivery of the first Nio ES8 in Shanghai in 2018.  In Shanghai's car market with prices above 300,000 yuan ($41,140), Nio has become the first Chinese brand to reach the 100,000th unit delivery milestone . Since 2024, for every two pure electric vehicles sold in Shanghai priced above 300,000 yuan, there is Nio vehicle, the company said. There are already 10 Nio car clubs and over 500 user communities in Shanghai. Nio is headquartered in Jiading district , northwest of Shang...

The Chinese EV maker will hold an event on April 15 to celebrate the fourth anniversary of the Zeekr brand , and will officially roll out the Zeekr 007 GT at that time. The launch event will begin at 7 pm Beijing time Zeekr is set to officially launch the 007 GT, its second EV shooting brake model , on April 15, to celebrate the fourth anniversary of the Zeekr brand. The Zeekr 007 GT will be available in overseas markets and will be rebranded as the Zeekr 7 GT . The Zeekr 001 shooting brake, which initially hit the market on April 15, 2021, is Zeekr's first model. The Zeekr 007 GT ( GT stay for Grand Tour ) will be the first of three all-new models for the Zeekr brand this year, will be available in overseas markets and will be rebranded as the Zeekr 7 GT. The Zeekr 007 GT had already entered a regulatory catalog of China's Ministry of Industry and Information Technology in January, showing it to have a length, width and height of 4,864 mm, 1,900 mm, 1,445 mm, and a wheelbas...

The electric vehicle unit of Xiaomi, Beijing-based smartphone giant, announced   today it delivered in China over 29,000 electric vehicles in March , making a new monthly record and has delivered over 215,112 cars in the first twelve months since launch (April 2024 – March 2025)  Xiaomi EV, the electric vehicle unit of Xiaomi, Beijing-based smartphone giant, announced today it delivered over 29,000 electric vehicles in March, making a new monthly record. This is the sixth consecutive month that Xiaomi EV has seen monthly deliveries exceed 20,000 units . Xiaomi only sells its EVs in China. Xiaomi EV officially launched its first car , the SU7 electric sedan , on March 28, 2024, which is a competitor to Tesla's Model 3, and deliveries started exactly one year ago on April 1.  The Xiaomi SU7 sedan, which starts at 215,900 yuan ($29,700) has three trims – Standard, Pro and Max and a performance version, SU7 Ultra , which was launched in February 2025 . Deliveries of the st...

Chinese customers who buy Xiaomi’s first electric vehicle model are now have to wait 35-38 weeks for delivery, significantly longer than the roughly 28 weeks it took when deliveries of the model first began  Xiaomi had great success with its first electric vehicle (EV) model, the SU7, and the electric sedan now has even more appeal than it did right after its launch a year ago. Chinese customers who buy the Xiaomi SU7 are now facing delivery wait times that have exceeded the model's expected delivery cycles a year ago. Xiaomi officially launched the SU7 on March 28, 2024 , offering three versions -- Standard, Pro, and Max -- with starting prices of 215,900 yuan ($29,775), RMB 245,900 yuan ($33,912), and 299,900 yuan ($41,359), respectively. Deliveries of the Standard and Max versions of the SU7 began in April, and deliveries of the SU7 Pro began in May. Chinese customers ordering the standard version of the Xiaomi SU7 would now have to wait 35-38 weeks for delivery , significan...

Xiaomi SU7 Ultra was launched yesterday , and within two hours, it achieved its annual sales target of 10,000 units. Hours later, Xiaomi updated the order count , saying that the firm orders had exceeded 15,000 units . This performance EV sedan will debut in Europe on March 3 , at the Mobile World Congress (MWC) in Barcelona, Spain  The performance EV sedan with over 1,500 horsepower Xiaomi SU7 Ultra was launched yesterday at an event last night: sixteen minutes after ordering opened, the firm announced that the SU7 Ultra had received over 6,000 orders in 10 minutes and within two hours, it achieved its annual sales target of 10,000 units. Hours later, Xiaomi EV updated the SU7 Ultra order count at 11:13 pm Beijing time on Friday , saying that the firm orders had exceeded 15,000 units . Xiaomi EV will increase production capacity to speed up deliveries of this model. The performance sedan with over 1,500 horsepower started presales in October last year for 814,900 yuan ($111,800)...

The Xiaomi SU7 Ultra performance electric sedan was launched in China with a starting price of 529,900 yuan ($72,830). This vehicle boasts a peak power of 1,526 hp and a zero-to-hundred acceleration time of 1.98 seconds . In late October 2024, Xiaomi kicked off presales of the performance variant of the SU7 sedan. It is called the Xiaomi SU7 Ultra. The presales price of the Xiaomi SU7 Ultra was announced at 814,900 yuan (111,790 USD). The Xiaomi SU7 Ultra Prototype became the fastest four-door sedan at the Nürburgring Nordschleife . On February 11, the mass-produced variant of this sedan became the fastest car at the Chengdu Tianfu Circuit. On February 27, the Xiaomi SU7 Ultra finally entered the Chinese market with a starting price of 529,900 yuan ($72,830).  This vehicle boasts a peak power of 1,526 hp and a zero-to-hundred acceleration time of 1.98 seconds. Xiaomi aims to sell 10,000 units of the SU7 Ultra in 2025. Deliveries of the Xiaomi SU7 Ultra will start in April 2025...

Xiaomi EV, the car-making arm of Xiaomi, tannounced that the SU7 Ultra will be officially launched on February 27, with an event set to begin at 7 pm Beijing time on the same day  Xiaomi SU7 Ultra will be officially launched on February 27, with an event set to begin at 7 pm Beijing time on the same day. At the February 27 launch event, Xiaomi will also launch the Xiaomi 15 Ultra smartphone , according to a Weibo posted by the company today. These are the two most high-end products in Xiaomi's fifteen years of existence, the company's founder, chairman, and CEO Lei Jun said. "Ultra, is the ultimate pursuit and pure aspiration. It is the answer piece to Xiaomi's high-end exploration in the last five years, and the beginning of Xiaomi's march towards the ultra-high-end," Lei said.  The ultra-performance variant garnered 3,680 pre-orders 10 minutes after the pre-sales began on October 29 last year . Xiaomi's sales target for the SU7 Ultra this year is 10,...

A new regulatory filing published by China's Ministry of Industry and Information Technology (MIIT) has revealed information about the battery pack and range of the first model of Nio's sub-brand Firefly: is powered by a battery pack with a capacity of 42.1 kWh and has a CLTC range of 420 kilometers  A new regulatory filing published by China's Ministry of Industry and Information Technology (MIIT) has revealed information about the battery pack and range of the first model of Nio's sub-brand Firefly, after another filing a month ago revealed some core specs. Firefly's first model , with vehicle model number NAL7000BSEVY1, is a battery electric vehicle (BEV) that supports battery swap. The model is powered by a battery pack with a capacity of 42.1 kWh and has a CLTC range of 420 kilometers.  It weighs 1,492 kilograms , of which the power battery pack weighs 314 kilograms . This means that the Firefly model consumes about 10 kWh of electricity per 100 kilometers ...

On January 27th, Zeekr officially announced that it has delivered a total of 15,000 vehicles overseas with the 15,000th vehicle being delivered in Australia two years after expanding overseas. The company has a total of 538 stores around the world and plans to establish 100 sales stores overseas in 2025 On January 27th, Zeekr officially announced that it has delivered a total of 15,000 vehicles overseas with the 15,000th vehicle being delivered in Australia. Zeekr achieves this landmark after expanding to its first overseas market in 2023 in Europe with Sweden as its first overseas market. The company currently operates in Sweden, Denmark, France, Norway, Israel, Saudi Arabia, Australia, Thailand, Hong Kong, and others with Singapore as its most recent entry. Zeekr additionally operates an overseas R&D facility and global design center both located in Gothenburg, Sweden .  Zeekr has stated that it plans to establish 100 sales stores and 70 service centers overseas in 2025...

On January 10, the Chinese Ministry of Industry and Information Technology (MIIT ) exposed the core specs of the Firefly EV as it applied for the sales license. The model measures 4,003 mm in length , it weighs 1,492 kilograms, is powered by a single electric motor with a peak power of 105 kW and is set to be officially launched in April  Nio has made a regulatory filing for the first model of its sub-brand Firefly, which is expected to go on sale in April . On January 10, China's Ministry of Industry and Information Technology (MIIT) released its latest catalog of models that will be allowed to be sold for public comment, and Firefly's first model is included. Firefly EV was released at the Nio Day 2024 on December 21, 2024 . The car started presales with a price tag of 148,800 yuan ($ 20,300) . The model measures 4,003 mm in length, 1,781 mm in width and 1,557 mm in height, and has a wheelbase of 2,615 mm . For clarity, the Firefly EV is 287 mm shorter than the BYD Dolphin...

Xpeng has released official photos of a new mid-size SUV called the G7. This model should sit between G6 and G9 in XPeng’s range and will compete with the Zeekr 7X and Tesla Model Y . Sales will likely begin in the first half of 2025  Xpeng has previewed its new mid-size Sport utility vehicle model: the G7. The new car has the same design language as the Xpeng P7+ saloon and should sit between the G6 , which measures 4753, 1920, 1650 mm (l/w/h), and the G9 , which measures 4891, 1937, 1670 mm (l/w/h) in XPeng’s line-up. Xpeng officially launched the G6 in China on June 29, 2023, with deliveries starting a few days later. The current starting price of the model in China is 199,900 yuan. Aside from the G6, Xpeng also has a flagship SUV on sale, the G9, which currently starts at 263,900 yuan.  The G7 will be based on the same 800-volt platform as the P7+ and share similar drivetrain options, suggesting rear-drive-only drivetrains offering 180 kW or 230 kW of power with both bo...

Nio unveiled on December 21 in China, during Nio Day, the first EV under the new Firefly brand. The compact electric hatchback is named Firefly, as is the brand itself. Preorders have started in China at 148,800 yuan ($ 20,390). Firefly to enter European market in first half of 2025, Nio's Ceo William Li said  Nio unveiled on December 21 in China, during Nio Day , the first EV under the new Firefly brand. The compact electric hatchback is named Firefly, as is the brand itself. Firefly is a compact hatchback initially intended for European launch. However, after disappointing Nio brand sales on the Old Continent and incurring additional tariffs, the company decided to launch it first in China . EV’s main exterior design feature is a trio of circle lights with a black hatched grille. It has a short hood and a wide C pillar that seamlessly transitions into a roof. The EV’s turning radius is 4.7 meters , which is suitable for narrow European streets , according to Nio. Despite...

Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance and expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000  Deutsche Bank raised its sales forecast for Nio Inc in 2025, after the Chinese electric vehicle (EV) maker's earnings call provided increased visibility. “We now expect NIO brand to sell 223k units in 2025 (up 10% YoY), and ONVO brand to sell 219k units in 2025 (vs. ~20k units in 2024), along with 8k units from Firefly brand,” analyst Wang Bin's team said in a research note today. The team used the same 450,000 full-year 2025 sales assumption as Nio's guidance. Nio yesterday guided for fourth-quarter vehicle deliveries to be in the range of 72,000 to 75,000 units and said it was confident of doubling sales in 2025. That means the company now expects deliveries to be in the range of 221,000 to 224,000 units in 2024 and about 450,000 in 2025 . ...