NIO’s expectations for future development

NIO expects that in the second quarter of 2025, vehicle deliveries will be between 72,000 and 75,000, a year-on-year increase of approximately 25.5% to 30.7% and a month-on-month increase of 71% to 78%. Total revenue is expected to be between 19.51 billion yuan and 20.07 billion yuan, a year-on-year increase of approximately 11.8% to 15%.