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CnEVPost Newsletter: Nio earnings; Xiaomi EV profitability timeline

Published 3 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jun 3, 2025

​Nio reports 30% year-on-year increase in Q1 net loss as expenses rise​

Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.

​Nio Q1 2025 earnings call: Live updates​

Nio's third factory will officially start production in September, and some production lines will operate on a double shift basis as needed.

​Nio announces plans to enter 7 new European markets​

In 2025 and 2026, Nio will launch its cars in Austria, Belgium, the Czech Republic, Hungary, Luxembourg, Poland, and Romania.

​New report sheds light on how Nio cuts costs​

In its May update on four models, Nio's new strategy avoided additional costs caused by material waste, according to a local media report.

​Xiaomi's EV business expected to turn profitable in H2 2025, founder says​

Xiaomi EV is poised to become the fastest to achieve profitability among China's new automotive brands.

​Xiaomi founder says YU7 pricing to be finalized 1-2 days before launch, auto chip to be released soon​

The starting price of the YU7 will not be just RMB 20,000 higher than the SU7 electric sedan, Lei Jun said.

​Li Auto expects steady monthly deliveries of Li Mega MPV to reach up to 3,000 units​

Li Auto expects steady monthly deliveries of the Li Mega to reach 2,500-3,000 units, doubling the MPV's previous performance.

​Zeekr to launch Zeekr 7X SUV in Hong Kong later this month​

The Zeekr 7X is set to officially launch in the Hong Kong market in late June, aiming to become the new benchmark for family cars there.

​Geely Galaxy releases first official images of A7 hybrid sedan​

The Geely Galaxy A7 has a fuel consumption of just 2 liters per 100 kilometers when running on low battery power, and a combined range of up to 2,100 km.

​Maextro S800 luxury sedan secures over 2,600 orders in 72 hours​

The Maextro S800, jointly developed by Huawei and JAC, was launched on May 30 with a starting price of RMB 708,000 ($98,360).

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