Salem Radio Network News Friday, February 6, 2026

Business

Chinese EV maker Nio expects to post first adjusted operating profit

Carbonatix Pre-Player Loader

Audio By Carbonatix

Feb 5 (Reuters) – Chinese electric-vehicle maker Nio said on Thursday it expects to post its first-ever adjusted operating profit in the fourth quarter of 2025, driven by higher vehicle sales and cost controls that improved profitability.

The company’s U.S.-listed shares rose about 9% in premarket trading.

Nio expects quarterly adjusted operating profit of 700 million yuan ($100.84 million) to 1.2 billion yuan ($172.88 million), compared with an adjusted operating loss of 5.54 billion yuan a year earlier.

It delivered 326,028 vehicles in 2025, up 47% from a year earlier, largely driven by its premium EVs. The newer lower-cost Firefly subcompact EV began deliveries mid-year and added to overall sales.

($1 = 6.9414 Chinese yuan renminbi)

(Reporting by Akash Sriram in Bengaluru; Editing by Shilpi Majumdar)

Previous
Next
The Media Line News
X CLOSE