NIO CFO Steven Wei Feng: Quarterly R&D investment will remain between 2 billion and 2.5 billion yuan in 2026, striving to achieve Non-GAAP full-year profitability.

Golden Ten Data reported on March 10 that on the evening of March 10, during the 2025 Q4 and full-year financial results conference call, NIO CFO Yu Qu stated that in 2026, the company will maintain a quarterly R&D investment of 2 billion to 2.5 billion yuan, continuously improving R&D efficiency based on the CBU operating mechanism. The company will also dynamically adjust the pace and scale of R&D investment according to operational conditions and ROI mechanisms, ensuring strong investment in key products and core technologies. Meanwhile, Yu Qu mentioned that, with five large SUVs on sale this year and the strong gross margin performance of large vehicles, NIO will strive to achieve Non-GAAP full-year profitability in 2026.