NIO's Li Bin: This year's R&D efficiency improvement is significant, and next year, an expected R&D investment of 2 billion to 2.5 billion yuan per quarter
On September 2nd, Nio founder, chairman, and CEO Li Bin stated during the Q2 2025 earnings call that the company has made significant efficiency improvements in its R&D system this year, resulting in a noticeable increase in ROI. Next year, the company will basically maintain R&D investments of 2 billion to 2.5 billion yuan each quarter to ensure long-term competitiveness, with the R&D investment primarily focused on the development of new models
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