William Li

Li's remarks imply that Onvo delivered at least 6,160 vehicles in May.

Onvo's cumulative deliveries at the end of April totaled 39,942 vehicles.

Nio's William Li delivered an ET9 to ZF CEO Holger Klein on the first day of the 2025 Shanghai auto show.

Nio's William Li delivered an ET9 to Robin Zeng, founder, chairman and CEO of CATL.

Richard Liu, founder of JD.com, has ordered an ET9, as Nio's William Li continues to pitch the executive sedan to entrepreneurs.

William Li talked about the reception of Nio's share placement, and said the company's in-house developed autonomous driving chip and operating system are open to the entire industry.

The first owner of the ET9 is Fang Hongbo, chairman of Chinese home appliance giant Midea, and his car was delivered personally by Nio's William Li.

Nio brand will launch a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80.

Nio's goal of achieving single-quarter profitability in the fourth quarter will require it to become more rational in cost control, resource allocation and priority setting, said William Li.

Nio's F2 factory has added several robotic quality inspectors that perform smoothly over a range of operations, said William Li.