Nio's goal of achieving single-quarter profitability in the fourth quarter will require it to become more rational in cost control, resource allocation and priority setting, said William Li.
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Category: NIO Team
Nio has reportedly made layoffs across multiple teams
The layoffs should be around 10 percent, with some variation by region, according to a local media report.
For details, please visit CnEVPost.
Nio has reportedly made layoffs across multiple teams
The layoffs should be around 10 percent, with some variation by region, according to a local media report.
For details, please visit CnEVPost.
Nio making organizational changes to focus more on cost control, report says
Nio has introduced a CBU system to strengthen cost control, and multiple functions will be downsized based on full-year targets, according to local media.
For details, please visit CnEVPost.
Nio denies after layoff rumor runs rampant
Nio said the rumor is ridiculously untrue and it has reported it to the police.
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Nio CEO highlights importance of sales volume, cost reduction in internal meeting
William Li mentioned that Nio seeks to achieve single-quarter profitability in the fourth quarter of 2025.
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Nio offers up to $140,000 in rewards for tips on malicious online attacks
Nio starts offering rewards of between RMB 10,000 and RMB 1 million ($140,000) for tips on malicious online attacks.
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Nio reportedly restructures smart driving team to accelerate use of end-to-end tech
This is the second time Nio has made adjustments to its smart driving team to accelerate the use of end-to-end technology to remake smart driving features.
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[Full text] ‘The next two years are crucial for our success,’ Nio’s William Li says in internal letter
“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.
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Nio celebrates 10th anniversary with over 620,000 users
Nio, which was founded on November 25, 2014, is starting multi-brand operations, having already launched the Onvo sub-brand and will launch the Firefly brand next month.
For details, please visit CnEVPost.
