William Li

William Li reiterated to employees the goal of achieving annual profitability in 2026, following Nio's alert of its first quarterly profit in the fourth quarter of 2025.

Over the past 11 years, Nio has invested over RMB 18 billion ($2.6 billion) in charging and battery swap infrastructure.

Nio will intensify its focus on AI in 2026 and encourages employees to deeply integrate AI usage to enhance product competitiveness and operational efficiency.

Li anticipates China's NEV penetration rate will exceed 90 percent by 2030.

Nio will spare no effort to achieve its target of turning a profit in the fourth quarter and accept any possibility, William Li said.

Onvo had originally planned to launch the L80 five-seat SUV in the fourth quarter of this year but delayed it due to tight factory capacity.

Accompanying William Li on the European trip are Firefly president and Nio CFO Stanley Qu, who also heads Nio Power.

Li told employees that the fourth-quarter profitability target must be achieved, and everyone should intensify their efforts.

For industry demand, achieving even half of this year's fourth-quarter levels in the first quarter of next year would be a positive outcome, Li said.

Both the Onvo L90 and the new Nio ES8 are high-priced products with solid gross margins, Li said.