---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40985341.md"
description: "$NIO Inc(NIO.US) Q1 R&D was almost at a standstill. As a new energy vehicle company, is it really appropriate to cut R&D for short-term profits? Is battery swapping the only core competitive advantage left for the future?"
datetime: "2026-05-21T10:53:14.000Z"
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  - [en](https://longbridge.com/en/topics/40985341.md)
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author: "[简-](https://longbridge.com/en/profiles/18937343.md)"
---

# $NIO Inc(NIO.US) Q1 R&D was almost at a stands…


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- [NIO.US](https://longbridge.com/en/quote/NIO.US.md)
- [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md)

## Comments (15)

- **Big Rikki · 2026-05-21T11:07:23.000Z · 👍 1**: Friend, if you're in the bottom 90% in terms of return rate, you'd better not give advice. Nio's R&D investment has been very high over the past 10 years, and now it just doesn't need such high-intensity R&D. Also, it's more focused on car manufacturing. If you can't even get cars right, wha
  - **简-** (2026-05-21T11:09:25.000Z): Friend, how much profit I make is my business, none of your concern, thank you.
  - **金金有味** (2026-05-21T11:47:15.000Z): Haha, that's hilarious, well said!
  - **做多CHN** (2026-05-21T11:58:28.000Z): How is it irrelevant to us? If you were so much better, would you be in the top 90%?
- **称重机上的猫 · 2026-05-21T11:01:34.000Z · 👍 1**: Cutting R&D spending is indeed a very risky move in the long run.But now, the widespread talk of Nio's collapse on the internet has already impacted offline sales, and pursuing short-term profits to improve public opinion is indeed something that has to be done.
  - **简-** (2026-05-21T11:04:26.000Z): I understand doing it this way in Q4, but with Nio's sales not bad in Q1, there's really no need to do this. Could it be that the financing terms of the betting agreement for the several rounds of pri
  - **称重机上的猫** (2026-05-21T11:07:04.000Z): I don't know about this, but q234 will have more money on hand, hoping to restart R&D.
  - **再跌我就加仓了** (2026-05-21T12:44:41.000Z): It's not exactly cutting R&D. Li Bin previously said that the initial investment in developing tools from scratch was substantial. Now that the foundation has been laid, it's just a matter of iter
- **Stoned · 2026-05-21T10:59:15.000Z**: Didn't get on the train?
  - **简-** (2026-05-21T11:02:17.000Z): Thanks for your concern while I'm in the car. I just don't understand why R&D is getting lower and lower. Growth stocks should have a long-term vision. Sacrificing the long term for a good-looking
  - **金金有味** (2026-05-21T11:48:48.000Z): Buddy, you should still buy XPeng. XPeng does everything, so its R&D investment is definitely high. Go all in on it.
  - **Stoned** (2026-05-21T11:56:51.000Z): It's already fully self-developed from the ground up, so having lower R&D expenses at this stage isn't necessarily a bad thing. The Q2 guidance is right there; as long as the market buys it, that'
- **新用户_y3P5j7 · 2026-05-21T10:59:00.000Z**: No need to say more, I know XPeng is the best! 😄😄😄😄
  - **简-** (2026-05-21T11:00:29.000Z): It has nothing to do with XPeng, I hold Nio. Growth stocks really shouldn't cut R&D.