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Story summary
- NIO Inc. reported its first-ever quarterly profit for Q4 2025, totaling 807.3 million yuan ($115 million).
- Revenue rose 76% to 34.65 billion yuan, buoyed by record vehicle deliveries of 124,807 units.
- NIO faces challenges in 2026, including slower demand due to subsidy rollbacks and increased competition from BYD.
- The company expects Q1 2026 deliveries of 80,000–83,000 vehicles, nearly doubling last year's quarterly figure.
