<p>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&amp;D system this year, resulting in a noticeable increase in ROI. Next year, the company will basically maintain R&amp;D investments of 2 billion to 2.5 billion yuan each quarter to ensure long-term competitiveness, with the R&amp;D investment primarily focused on the development of new models</p>

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<p>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</p>

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NIO Inc. USD OV

NIO-SW

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

蔚来李斌：今年研发提效工作明显，明年预计每个季度 20 亿至 25 亿元研发投入