NIO Shares Advance Nearly 2% as CEO Targets Non-GAAP Profitability by 2026

Stock News02-10 23:37

NIO Inc. (NIO.US) rose nearly 2% on Tuesday, closing at $4.985 per share. The company held an all-hands meeting on the afternoon of February 9. During the meeting, NIO's founder, Chairman, and CEO Li Bin stated that 2025 was an extraordinary year for the company, with the team accomplishing what seemed like an "impossible mission." He emphasized that NIO will continue to firmly invest in technology and product research and development while improving R&D efficiency. The company also plans to persistently expand its charging and battery-swapping infrastructure and sales service network. Additionally, NIO will continue to implement organizational reforms focused on creating user value across the entire company, with the goal of achieving full-year profitability on a Non-GAAP basis by 2026.

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