74216494 : NO. L60 selling well below target, which was about 20k/month already in March. And L60 requires about 20k-30k/month just to break even. Thus, creating losses every month. Firefly adding to these losses, considering the low sales volume. NIOs main brand selling less and less cars, which means, dropping profits here. Swap is given for free, as incentive for sales. Costing money, only.

74216494 73162089 : This means, the sales of profitable NIOs (main brand) drastically falling, year over year. Increasing the losses. Sales of loss making sub-brands increasing, but still far too low, thus increasing losses even more. Looks like the beginning of one more record-loss making quarter.

74216494 : Will be cheaper tomorrow.

74216494 : ... more people buying L60 now ... There was the target of about 20k L60 in March already. May be, now this target silently changed to target for whole year 2025.  ... daily swaps at 90k per day ... Might be simple more people taking advantage of free swaps. Anyway, still less than 50% of swaps required, to be profitable. You give the basic data, why overall losses still increasing, to yield another terrible quarterly result. The most terrible, probavly, because sales of NIOs profitable main brand decreasing, and sales of loss making L60 and Firefly slightly increasing.

74216494 73162089 : Yep. But results in Q2 might be even worse than in Q1, unfortunately. Thus, keep on dreaming.

74216494 Bon Aa : Only possible after 3:1 reverse split.

74216494 You Know Who OP : Who will buy such a station waggon ? Better to offer a sexy competitor to the XIAOMIs. OR, just do OEM production for XIAOMI. They need production capacity, which NIO easily can provide. Because redundant.

74216494 : Nobody knows. Not even "The Leading ZERO" of NIO. Until now, ONVO and Firefly are flops. As I predicted. Only adding up to more losses. I do not understand the model policy either. Where is an alternative to the sexy XIAOMIs, selling like hot cakes ?

74216494 You Know Who : ... loss starts to be narrower per vehicle sold ... And overall loss increases. Because of ONVOs and Fireflies "success". Whereas number of profitable NIOs sold decreases. Will be another (the?) terrible quarter. Again.

74216494 : YOY NIOs deliveries are badly dropping. Which means, less and less profitable sales. The increase of deliveries of non-profitable ONVOs and Fireflies only means dramatically increasing losses. Because far too few deliveries, still. In summary, one more terrible quarter to be expected. Looks like NIO in summary only can meet its targets regarding number of deliveries, in case cars to be sold for a buck, each. No wonder, when looking at the 11 different models, outsold by one XIAOMI model in a few minutes.

74216494 : After a 4:1 reverse split.

74216494 103027647 : Yep. However, it confirms, NIO can not develop a car, people really want to buy. Whereas XIAOMI can. When they start, also to produce cars for niche markets, NIO will be completely dead.