Nio

William Li has ruled out an immediate entry into the currently trending robotics industry, focusing instead on selling more cars.

Rising prices of memory chips and raw materials could lead to a cost increase of nearly 10,000 yuan ($1,460) for premium EV models, William Li said.

After the Chinese New Year holiday ended in late February, new orders for the ES8 have recovered well, Nio president said.

Nio shares surged 14.80% in Hong Kong after the company posted its first-ever quarterly profit since inception.

Shenji's second chip, targeting a broader customer base, has successfully completed tape-out and is currently in mass production.

William Li receives 248 million restricted share units tied to specific performance targets and continued service.

Nio achieved profit from operations of 807.3 million yuan ($115.4 million) in the fourth quarter, marking its first quarterly profit since inception.

Onvo announced the relaunch of the L60 Black Knight edition, which will no longer be sold in limited quantities like it was last December.

Nio's smart driving mileage topped 200 million kilometers in February, jumping 81.5% from January.

Firefly has already entered 10 overseas markets, with plans to expand to nearly 40 markets across Europe, the Americas, and Southeast Asia.