NIO (Ticker: NIO) furnishes 6-K with unaudited mid-2025 financials

Rhea-AI Filing Summary

NIO Inc. filed a Form 6-K as a foreign private issuer for September 2025. The report primarily furnishes unaudited condensed consolidated financial statements for the six months ended June 30, 2024 and 2025, along with management’s discussion and analysis of financial condition and results of operations.

The company states that all exhibits to this Form 6-K are incorporated by reference into its existing registration statement on Form F-3 (File No. 333-279584) and become part of that shelf registration from the date this report is furnished, unless later superseded.

0001736541--12-312025false2025-06-30Q200017365412025-01-012025-06-300001736541nio:NioEnergyInvestmentHubeiCoLtdMember2024-01-012024-06-300001736541nio:NioAnhuiHoldingLtdMember2024-01-012024-06-300001736541us-gaap:TreasuryStockCommonMember2025-01-012025-06-300001736541dei:AdrMember2020-12-172020-12-170001736541dei:AdrMember2020-09-022020-09-020001736541dei:AdrMember2020-06-152020-06-150001736541us-gaap:TreasuryStockCommonMember2025-06-300001736541us-gaap:RetainedEarningsMember2025-06-300001736541us-gaap:ParentMember2025-06-300001736541us-gaap:NoncontrollingInterestMember2025-06-300001736541us-gaap:AdditionalPaidInCapitalMember2025-06-300001736541us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-06-300001736541us-gaap:TreasuryStockCommonMember2024-12-310001736541us-gaap:RetainedEarningsMember2024-12-310001736541us-gaap:ParentMember2024-12-310001736541us-gaap:NoncontrollingInterestMember2024-12-310001736541us-gaap:AdditionalPaidInCapitalMember2024-12-310001736541us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-310001736541us-gaap:TreasuryStockCommonMember2024-06-300001736541us-gaap:RetainedEarningsMember2024-06-300001736541us-gaap:ParentMember2024-06-300001736541us-gaap:NoncontrollingInterestMember2024-06-300001736541us-gaap:AdditionalPaidInCapitalMember2024-06-300001736541us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-06-300001736541us-gaap:TreasuryStockCommonMember2023-12-310001736541us-gaap:RetainedEarningsMember2023-12-310001736541us-gaap:ParentMember2023-12-310001736541us-gaap:NoncontrollingInterestMember2023-12-310001736541us-gaap:AdditionalPaidInCapitalMember2023-12-310001736541us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-12-310001736541us-gaap:FairValueInputsLevel2Member2025-06-300001736541us-gaap:FairValueInputsLevel2Member2024-12-310001736541srt:MinimumMembernio:ShortTermBorrowingsAtJune2025Member2025-01-012025-06-300001736541srt:MaximumMembernio:ShortTermBorrowingsAtJune2025Member2025-01-012025-06-300001736541srt:MinimumMembernio:ShortTermBorrowingsAtDecember2024Member2024-01-012024-12-310001736541srt:MaximumMembernio:ShortTermBorrowingsAtDecember2024Member2024-01-012024-12-310001736541nio:ShortTermBorrowingsAtJune2025Member2025-06-300001736541nio:ShortTermBorrowingsAtDecember2024Member2024-12-310001736541us-gaap:CommonClassAMember2025-04-300001736541dei:AdrMember2020-12-170001736541dei:AdrMember2020-09-020001736541dei:AdrMember2020-06-150001736541us-gaap:CommonStockMember2025-06-300001736541us-gaap:CommonStockMember2024-12-310001736541us-gaap:CommonStockMember2024-06-300001736541us-gaap:CommonStockMember2023-12-310001736541srt:MinimumMembernio:SubsidiaryAdopted2021ShareIncentivePlanMember2024-06-300001736541srt:MaximumMembernio:SubsidiaryAdopted2021ShareIncentivePlanMember2024-06-300001736541us-gaap:EmployeeStockOptionMember2024-06-300001736541nio:SubsidiaryAdopted2021ShareIncentivePlanMember2024-01-012024-12-310001736541nio:SubsidiaryAdopted2021ShareIncentivePlanMember2025-06-300001736541nio:SubsidiaryAdopted2021ShareIncentivePlanMember2024-12-310001736541us-gaap:EmployeeStockOptionMembernio:NioIncentivePlanMember2024-01-012024-06-300001736541nio:StockIncentivePlan20162017StockIncentivePlan2018StockIncentivePlanAnd2024StockIncentivePlanMember2025-01-012025-06-300001736541nio:NioIncentivePlanMember2024-01-012024-06-300001736541us-gaap:EmployeeStockOptionMembernio:NioStockIncentivePlansFrom2015To2024Member2025-01-012025-06-300001736541nio:EmployeesMembernio:NioIncentivePlanMember2025-06-300001736541nio:EmployeesMembernio:NioIncentivePlanMember2024-12-310001736541srt:MinimumMembernio:NioStockIncentivePlansFrom2015To2024Memberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2025-01-012025-06-300001736541srt:MaximumMembernio:NioStockIncentivePlansFrom2015To2024Memberus-gaap:ShareBasedCompensationAwardTrancheTwoMember2025-01-012025-06-300001736541nio:SubsidiaryAdopted2021ShareIncentivePlanMember2021-11-012021-11-3000017365412024-01-3100017365412023-08-310001736541us-gaap:SupplierConcentrationRiskMember2025-01-012025-06-300001736541us-gaap:CustomerConcentrationRiskMember2025-01-012025-06-300001736541nio:SubsidiaryAdopted2021ShareIncentivePlanMember2025-01-012025-06-300001736541nio:NioIncentivePlanMember2025-01-012025-06-300001736541nio:EmployeesMembernio:NioIncentivePlanMember2025-01-012025-06-300001736541nio:NanjingWeibangTransmissionTechnologyCo.Ltd.Memberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:MclarenGroupHoldingsLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:NanjingWeibangTransmissionTechnologyCo.Ltd.Memberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:MclarenGroupHoldingsLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2024-01-012024-06-3000017365412026-07-012025-06-3000017365412025-07-012025-06-300001736541us-gaap:ProductMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541us-gaap:ProductAndServiceOtherMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541us-gaap:TransferredOverTimeMember2025-01-012025-06-300001736541us-gaap:TransferredAtPointInTimeMember2025-01-012025-06-300001736541us-gaap:ServiceOtherMember2025-01-012025-06-300001736541us-gaap:ServiceMember2025-01-012025-06-300001736541nio:OthersRevenueMember2025-01-012025-06-300001736541us-gaap:ProductMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541us-gaap:ProductAndServiceOtherMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541us-gaap:TransferredOverTimeMember2024-01-012024-06-300001736541us-gaap:TransferredAtPointInTimeMember2024-01-012024-06-300001736541us-gaap:ServiceOtherMember2024-01-012024-06-300001736541us-gaap:ServiceMember2024-01-012024-06-300001736541nio:OthersRevenueMember2024-01-012024-06-300001736541nio:ConvertibleSeniorNotesDue2024Member2024-02-012024-02-010001736541nio:XunjieEnergyWuhanCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:XunjieEnergyWuhanCo.Ltd.Membernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:WuhanWeinengBatteryAssetsCo.Ltd.AndItsSubsidiaryMembernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:WuhanWeinengBatteryAssetsCo.Ltd.AndItsSubsidiaryMembernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:VtaTechnologyIncAndItsSubsidiariesMembernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:TianjinTengyiInformationTechnologyCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:NanjingWeibangTransmissionTechnologyCo.Ltd.Membernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:KunshanSiwopuIntelligentEquipmentCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:JianglaiAdvancedManufacturingTechnologyAnhuiCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:XunjieEnergyWuhanCo.Ltd.Membernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:WuhanWeinengBatteryAssetsCo.Ltd.AndItsSubsidiaryMembernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:TianjinTengyiInformationTechnologyCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:NanjingWeibangTransmissionTechnologyCo.Ltd.Membernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:KunshanSiwopuIntelligentEquipmentCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:KunshanSiwopuIntelligentEquipmentCo.Ltd.Membernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:JianglaiAdvancedManufacturingTechnologyAnhuiCo.Ltd.Membernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:JianglaiAdvancedManufacturingTechnologyAnhuiCo.Ltd.Membernio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:BeijingWelionNewEnergyTechnologyCo.LtdMembernio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:PurchaseOfServiceMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:PurchaseOfRawMaterialOrPropertyPlantAndEquipmentMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:NioEnergyInvestmentHubeiCoLtdMember2024-12-310001736541srt:MinimumMemberus-gaap:SoftwareAndSoftwareDevelopmentCostsMember2025-06-300001736541srt:MinimumMemberus-gaap:OtherCapitalizedPropertyPlantAndEquipmentMember2025-06-300001736541srt:MinimumMemberus-gaap:ManufacturingFacilityMember2025-06-300001736541srt:MinimumMemberus-gaap:LeaseholdImprovementsMember2025-06-300001736541srt:MinimumMemberus-gaap:ComputerEquipmentMember2025-06-300001736541srt:MinimumMembernio:ResearchAndDevelopmentEquipmentMember2025-06-300001736541srt:MinimumMembernio:ChargingAndPowerSwapInfrastructureMember2025-06-300001736541srt:MaximumMemberus-gaap:SoftwareAndSoftwareDevelopmentCostsMember2025-06-300001736541srt:MaximumMemberus-gaap:OtherCapitalizedPropertyPlantAndEquipmentMember2025-06-300001736541srt:MaximumMemberus-gaap:ManufacturingFacilityMember2025-06-300001736541srt:MaximumMemberus-gaap:LeaseholdImprovementsMember2025-06-300001736541srt:MaximumMemberus-gaap:ComputerEquipmentMember2025-06-300001736541srt:MaximumMembernio:ResearchAndDevelopmentEquipmentMember2025-06-300001736541srt:MaximumMembernio:ChargingAndPowerSwapInfrastructureMember2025-06-300001736541us-gaap:AssetPledgedAsCollateralMemberus-gaap:SubsequentEventMember2025-07-310001736541us-gaap:VehiclesMember2025-06-300001736541us-gaap:ToolsDiesAndMoldsMember2025-06-300001736541us-gaap:SoftwareAndSoftwareDevelopmentCostsMember2025-06-300001736541us-gaap:OtherCapitalizedPropertyPlantAndEquipmentMember2025-06-300001736541us-gaap:ManufacturingFacilityMember2025-06-300001736541us-gaap:LeaseholdImprovementsMember2025-06-300001736541us-gaap:ConstructionInProgressMember2025-06-300001736541us-gaap:ComputerEquipmentMember2025-06-300001736541us-gaap:BuildingAndBuildingImprovementsMember2025-06-300001736541nio:SubscriptionVehiclesMember2025-06-300001736541nio:ResearchAndDevelopmentEquipmentMember2025-06-300001736541nio:ChargingAndBatterySwapEquipmentMember2025-06-300001736541us-gaap:VehiclesMember2024-12-310001736541us-gaap:ToolsDiesAndMoldsMember2024-12-310001736541us-gaap:SoftwareAndSoftwareDevelopmentCostsMember2024-12-310001736541us-gaap:OtherCapitalizedPropertyPlantAndEquipmentMember2024-12-310001736541us-gaap:ManufacturingFacilityMember2024-12-310001736541us-gaap:LeaseholdImprovementsMember2024-12-310001736541us-gaap:ConstructionInProgressMember2024-12-310001736541us-gaap:ComputerEquipmentMember2024-12-310001736541us-gaap:BuildingAndBuildingImprovementsMember2024-12-310001736541nio:SubscriptionVehiclesMember2024-12-310001736541nio:ResearchAndDevelopmentEquipmentMember2024-12-310001736541nio:ChargingAndBatterySwapEquipmentMember2024-12-310001736541us-gaap:RetainedEarningsMember2025-01-012025-06-300001736541us-gaap:RetainedEarningsMember2024-01-012024-06-300001736541nio:NioHoldingCoLtdMembernio:StrategicInvestorsMember2025-01-012025-06-300001736541nio:StrategicInvestorsMembernio:NioEnergyInvestmentHubeiCoLtdMember2024-06-012024-06-300001736541us-gaap:CommonClassAMember2025-04-012025-04-300001736541dei:AdrMembernio:AtMarketEquityOfferingProgramMember2021-01-012021-12-310001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMember2021-09-012021-09-300001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMember2020-09-162020-09-160001736541nio:NioAnhuiHoldingLtdMember2020-09-162020-09-160001736541nio:NioAnhuiHoldingLtdMember2020-07-012020-07-310001736541nio:NioAnhuiHoldingLtdMember2020-06-012020-06-300001736541nio:PrivateFundsAndEntitiesMember2025-01-012025-06-300001736541nio:PrivateFundsAndEntitiesMember2024-01-012024-06-300001736541nio:PrivateCompanyMember2025-01-012025-06-300001736541nio:PrivateCompanyMember2024-01-012024-06-300001736541nio:NioHoldingCoLtdMember2025-01-012025-06-300001736541us-gaap:CommonClassAMember2024-05-310001736541nio:HefeiChuangWeiInformationConsultationCo.LtdMemberus-gaap:RelatedPartyMember2025-06-300001736541nio:BlueHorizonLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-06-300001736541nio:HefeiChuangWeiInformationConsultationCo.LtdMemberus-gaap:RelatedPartyMember2024-12-310001736541us-gaap:RelatedPartyMember2025-06-300001736541us-gaap:RelatedPartyMember2024-12-310001736541nio:XunjieEnergyWuhanCo.Ltd.Memberus-gaap:RelatedPartyMember2025-06-300001736541nio:WuhanWeinengBatteryAssetsCo.LtdAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-06-300001736541nio:VtaTechnologyIncAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-06-300001736541nio:TianjinTengyiInformationTechnologyCo.Ltd.Memberus-gaap:RelatedPartyMember2025-06-300001736541nio:NanjingWeibangTransmissionTechnologyCo.Ltd.Memberus-gaap:RelatedPartyMember2025-06-300001736541nio:MclarenGroupHoldingsLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-06-300001736541nio:KunshanSiwopuIntelligentEquipmentCo.Ltd.Memberus-gaap:RelatedPartyMember2025-06-300001736541nio:JianglaiAdvancedManufacturingTechnologyAnhuiCo.Ltd.Memberus-gaap:RelatedPartyMember2025-06-300001736541nio:BeijingWelionNewEnergyTechnologyCo.LtdMemberus-gaap:RelatedPartyMember2025-06-300001736541nio:XunjieEnergyWuhanCo.Ltd.Memberus-gaap:RelatedPartyMember2024-12-310001736541nio:WuhanWeinengBatteryAssetsCo.LtdAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2024-12-310001736541nio:VtaTechnologyIncAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2024-12-310001736541nio:TianjinTengyiInformationTechnologyCo.Ltd.Memberus-gaap:RelatedPartyMember2024-12-310001736541nio:ShanghaiWeishangBusinessConsultingCo.Ltd.Memberus-gaap:RelatedPartyMember2024-12-310001736541nio:NanjingWeibangTransmissionTechnologyCo.Ltd.Memberus-gaap:RelatedPartyMember2024-12-310001736541nio:MclarenGroupHoldingsLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2024-12-310001736541nio:KunshanSiwopuIntelligentEquipmentCo.Ltd.Memberus-gaap:RelatedPartyMember2024-12-310001736541nio:JianglaiAdvancedManufacturingTechnologyAnhuiCo.Ltd.Memberus-gaap:RelatedPartyMember2024-12-310001736541nio:BlueHorizonLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2024-12-310001736541nio:BeijingWelionNewEnergyTechnologyCo.LtdMemberus-gaap:RelatedPartyMember2024-12-310001736541us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-06-300001736541us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-01-012024-06-3000017365412024-01-012024-09-300001736541nio:XptNanjingE-PowertrainTechnologyCoLtdMember2025-06-300001736541nio:XptNanjingEnergyStorageSystemCoLtdMember2025-06-300001736541nio:XptLimitedMember2025-06-300001736541nio:XptJiangsuInvestmentCo.Ltd.Member2025-06-300001736541nio:XptAutomotiveTechnologyCoLtdMember2025-06-300001736541nio:WuhanNioEnergyCoLtdMember2025-06-300001736541nio:ShanghaiXptTechnologyLimitedMember2025-06-300001736541nio:ShanghaiNioSalesAndServicesCoLtdMember2025-06-300001736541nio:NioUserEnterpriseLimitedMember2025-06-300001736541nio:NioUsaIncMember2025-06-300001736541nio:NioSoftwareTechnologyShanghaiCo.LtdShstMember2025-06-300001736541nio:NioPowerExpressLimitedMember2025-06-300001736541nio:NioNextevLimitedMember2025-06-300001736541nio:NioNextevEuropeHoldingB.v.NioNlMember2025-06-300001736541nio:NioGmbhMember2025-06-300001736541nio:NioFinancialLeasingCo.Ltd.Member2025-06-300001736541nio:NioCo.LtdMember2025-06-300001736541nio:NioAutomobileTechnologyCo.Member2025-06-300001736541nio:NioAutomobileAnhuiCo.Ltd.Member2025-06-300001736541nio:NioAiTechnologyLimitedNioAiTechnologyMember2025-06-300001736541nio:NioAiTechnologyLimitedHongKongMember2025-06-300001736541nio:NewHorizonBVMember2025-06-300001736541nio:NeuBatteryAssetHongKongCo.limitedBacHkMember2025-06-300001736541nio:NeuBatteryAssetCo.Ltd.BacCaymanMember2025-06-300001736541nio:InstantPowerEuropeB.v.BacNlMember2025-06-300001736541nio:AnhuiNioAutonomousDrivingTechnologyCoMember2025-06-300001736541nio:NioAnhuiHoldingLtdMember2021-02-280001736541nio:NioAnhuiHoldingLtdMember2024-09-290001736541nio:NioEnergyInvestmentHubeiCoLtdMember2024-05-310001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMember2021-09-300001736541nio:NioAnhuiHoldingLtdMember2020-09-160001736541us-gaap:NoncontrollingInterestMember2024-01-012024-06-300001736541us-gaap:NoncontrollingInterestMember2025-01-012025-06-300001736541us-gaap:LoansPayableMember2025-06-300001736541us-gaap:LoansPayableMember2024-12-310001736541us-gaap:AccountingStandardsUpdate202006Membernio:ConvertibleSeniorNotesDue2029And2030Member2025-06-300001736541us-gaap:AccountingStandardsUpdate202006Membernio:ConvertibleSeniorNotesDue2026And2027Member2025-06-300001736541us-gaap:UncollateralizedMemberus-gaap:BorrowingsMember2025-06-300001736541us-gaap:UncollateralizedMemberus-gaap:BankersAcceptanceMember2025-06-300001736541us-gaap:UncollateralizedMembernio:LettersOfGuaranteeMember2025-06-300001736541us-gaap:CollateralPledgedMemberus-gaap:BankersAcceptanceMember2025-06-300001736541us-gaap:CollateralPledgedMembernio:LettersOfGuaranteeMember2025-06-300001736541us-gaap:UncollateralizedMember2025-06-300001736541us-gaap:CollateralPledgedMember2025-06-300001736541us-gaap:UncollateralizedMemberus-gaap:BorrowingsMember2024-12-310001736541us-gaap:UncollateralizedMemberus-gaap:BankersAcceptanceMember2024-12-310001736541us-gaap:UncollateralizedMembernio:LettersOfGuaranteeMember2024-12-310001736541us-gaap:CollateralPledgedMemberus-gaap:BankersAcceptanceMember2024-12-310001736541us-gaap:CollateralPledgedMembernio:LettersOfGuaranteeMember2024-12-310001736541us-gaap:UncollateralizedMember2024-12-310001736541us-gaap:CollateralPledgedMember2024-12-310001736541nio:LoanAgreementWithIndustrialAndCommercialBankOfChinaMaturityJuly2029OneMember2025-06-300001736541nio:LoanAgreementWithIndustrialAndCommercialBankOfChinaMaturityJuly2029Member2025-06-300001736541nio:LoanAgreementWithChinaConstructionBankMaturityJuly2029TwoMember2025-06-300001736541nio:LoanAgreementWithChinaConstructionBankMaturityJuly2029ThreeMember2025-06-300001736541nio:LoanAgreementWithChinaConstructionBankMaturityJuly2029OneMember2025-06-300001736541nio:LoanAgreementWithBankOfShanghaiMaturitySeptember2026Member2025-06-300001736541nio:LoanAgreementWithBankOfShanghaiMaturityJanuary2027Member2025-06-300001736541nio:LoanAgreementWithBankOfShanghaiMaturityFebruary2027Member2025-06-300001736541nio:LoanAgreementWithIndustrialAndCommercialBankOfChinaMaturityJuly2029OneMember2024-12-310001736541nio:LoanAgreementWithIndustrialAndCommercialBankOfChinaMaturityJuly2029Member2024-12-310001736541nio:LoanAgreementWithIndustrialAndCommercialBankOfChinaMaturityJanuary2031Member2024-12-310001736541nio:LoanAgreementWithChinaMinshengBankMaturityJanuary2031Member2024-12-310001736541nio:LoanAgreementWithChinaConstructionBankMaturityJuly2029TwoMember2024-12-310001736541nio:LoanAgreementWithChinaConstructionBankMaturityJuly2029ThreeMember2024-12-310001736541nio:LoanAgreementWithChinaConstructionBankMaturityJuly2029OneMember2024-12-310001736541nio:LoanAgreementWithChinaConstructionBankMaturityJanuary2031Member2024-12-310001736541nio:LoanAgreementWithBankOfShanghaiMaturitySeptember2026Member2024-12-310001736541nio:LoanAgreementWithBankOfShanghaiMaturityJune2025Member2024-12-310001736541nio:LoanAgreementWithBankOfShanghaiMaturityJanuary2027Member2024-12-310001736541nio:LoanAgreementWithBankOfShanghaiMaturityFebruary2027Member2024-12-310001736541nio:LoanAgreementWithAgriculturalBankOfChinaMaturityJanuary2031Member2024-12-310001736541nio:CappedCallTransactionsAndZeroStrikeCallTransactionsMember2025-01-012025-06-300001736541nio:PrivateCompanyMember2025-01-012025-06-300001736541nio:PrivateCompanyMember2024-01-012024-06-300001736541nio:NioHoldingCoLtdMemberus-gaap:SubsequentEventMember2025-07-310001736541nio:CyvnEntitiesMember2023-12-310001736541nio:EmployeesMemberus-gaap:RestrictedStockMembernio:NioIncentivePlanMember2025-06-300001736541us-gaap:EmployeeStockOptionMembernio:SubsidiaryAdopted2021ShareIncentivePlanMember2025-06-300001736541nio:EmployeesMemberus-gaap:RestrictedStockMembernio:NioIncentivePlanMember2025-01-012025-06-300001736541us-gaap:EmployeeStockOptionMembernio:SubsidiaryAdopted2021ShareIncentivePlanMember2025-01-012025-06-300001736541srt:MinimumMembernio:RedemptionMembernio:MeasurementInputProbabilityMember2025-06-300001736541srt:MinimumMembernio:LiquidationMembernio:MeasurementInputProbabilityMember2025-06-300001736541srt:MinimumMembernio:InitialPublicOfferingScenarioMembernio:MeasurementInputProbabilityMember2025-06-300001736541srt:MaximumMembernio:RedemptionMembernio:MeasurementInputProbabilityMember2025-06-300001736541srt:MaximumMembernio:LiquidationMembernio:MeasurementInputProbabilityMember2025-06-300001736541srt:MaximumMembernio:InitialPublicOfferingScenarioMembernio:MeasurementInputProbabilityMember2025-06-300001736541srt:MinimumMemberus-gaap:MeasurementInputPriceVolatilityMember2025-06-300001736541srt:MaximumMemberus-gaap:MeasurementInputPriceVolatilityMember2025-06-300001736541srt:MinimumMembernio:RedemptionMembernio:MeasurementInputProbabilityMember2024-12-310001736541srt:MinimumMembernio:LiquidationMembernio:MeasurementInputProbabilityMember2024-12-310001736541srt:MinimumMembernio:InitialPublicOfferingScenarioMembernio:MeasurementInputProbabilityMember2024-12-310001736541srt:MaximumMembernio:RedemptionMembernio:MeasurementInputProbabilityMember2024-12-310001736541srt:MaximumMembernio:LiquidationMembernio:MeasurementInputProbabilityMember2024-12-310001736541srt:MaximumMembernio:InitialPublicOfferingScenarioMembernio:MeasurementInputProbabilityMember2024-12-310001736541srt:MinimumMemberus-gaap:MeasurementInputPriceVolatilityMember2024-12-310001736541srt:MaximumMemberus-gaap:MeasurementInputPriceVolatilityMember2024-12-310001736541nio:ConvertibleSeniorNotesDue2027Member2025-02-280001736541nio:ConvertibleSeniorNotesDue2026Member2024-02-290001736541nio:ConvertibleSeniorNotesDue2027Member2023-12-310001736541nio:ConvertibleSeniorNotesDue2026Member2023-12-310001736541nio:ConvertibleSeniorNotesDue2026Member2022-12-310001736541nio:ConvertibleSeniorNotesDue2030Member2023-10-310001736541nio:ConvertibleSeniorNotesDue2029Member2023-09-300001736541nio:ConvertibleSeniorNotesDue2027Member2021-01-310001736541nio:ConvertibleSeniorNotesDue2026Member2021-01-310001736541srt:MinimumMembernio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2024-12-012024-12-310001736541srt:MaximumMembernio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2024-12-012024-12-310001736541srt:MinimumMembernio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2024-11-012024-11-300001736541srt:MaximumMembernio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2024-11-012024-11-300001736541us-gaap:ConvertibleNotesPayableMemberdei:AdrMember2023-10-310001736541us-gaap:ConvertibleNotesPayableMemberdei:AdrMember2023-09-300001736541us-gaap:ConvertibleNotesPayableMemberdei:AdrMember2021-01-310001736541us-gaap:ConvertibleNotesPayableMember2020-11-012020-11-300001736541us-gaap:ConvertibleNotesPayableMemberdei:AdrMember2025-01-012025-06-300001736541us-gaap:ConvertibleNotesPayableMemberdei:AdrMember2024-12-012024-12-310001736541nio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2024-12-012024-12-310001736541us-gaap:ConvertibleNotesPayableMemberdei:AdrMember2024-11-012024-11-300001736541nio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2024-11-012024-11-300001736541nio:ConvertibleSeniorNotesDue2024Member2021-01-152021-01-150001736541nio:CappedCallTransactionsAndZeroStrikeCallTransactionsMember2021-01-152021-01-150001736541us-gaap:ConvertibleNotesPayableMemberus-gaap:CommonClassAMember2020-11-012020-11-300001736541us-gaap:ProductMember2025-01-012025-06-300001736541us-gaap:ProductAndServiceOtherMember2025-01-012025-06-300001736541us-gaap:ProductMember2024-01-012024-06-300001736541us-gaap:ProductAndServiceOtherMember2024-01-012024-06-300001736541us-gaap:ConvertibleNotesPayableMember2025-06-300001736541us-gaap:ConvertibleNotesPayableMember2024-12-310001736541nio:ConvertibleSeniorNotesDue2029And2030Member2025-06-300001736541nio:ConvertibleSeniorNotesDue2027Member2025-06-300001736541nio:ConvertibleSeniorNotesDue2026Member2025-06-300001736541nio:ConvertibleSeniorNotesDue2029And2030Member2024-12-310001736541nio:ConvertibleSeniorNotesDue2027Member2024-12-310001736541nio:ConvertibleSeniorNotesDue2026Member2024-12-310001736541us-gaap:ProductMember2025-06-300001736541us-gaap:ProductMember2024-12-310001736541us-gaap:RevenueFromContractWithCustomerMemberus-gaap:SupplierConcentrationRiskMembernio:SupplierMember2025-01-012025-06-300001736541us-gaap:AccountsPayableMemberus-gaap:SupplierConcentrationRiskMembernio:SupplierMember2025-01-012025-06-300001736541nio:CustomerMemberus-gaap:RevenueFromContractWithCustomerMemberus-gaap:CustomerConcentrationRiskMember2025-01-012025-06-300001736541nio:CustomerMemberus-gaap:AccountsReceivableMemberus-gaap:CustomerConcentrationRiskMember2025-01-012025-06-300001736541us-gaap:AccountsPayableMemberus-gaap:SupplierConcentrationRiskMembernio:SupplierMember2024-01-012024-12-310001736541nio:CustomerMemberus-gaap:AccountsReceivableMemberus-gaap:CustomerConcentrationRiskMember2024-01-012024-12-310001736541us-gaap:RevenueFromContractWithCustomerMemberus-gaap:SupplierConcentrationRiskMembernio:SupplierMember2024-01-012024-06-300001736541nio:CustomerMemberus-gaap:RevenueFromContractWithCustomerMemberus-gaap:CustomerConcentrationRiskMember2024-01-012024-06-300001736541nio:CyvnEntitiesMemberus-gaap:CommonClassAMember2023-12-310001736541us-gaap:CommonClassBMember2025-06-300001736541us-gaap:CommonClassBMember2024-12-310001736541us-gaap:CommonClassCMember2025-06-300001736541us-gaap:CommonClassCMember2024-12-3100017365412023-12-310001736541us-gaap:FairValueInputsLevel3Member2025-06-300001736541us-gaap:FairValueInputsLevel3Member2024-12-310001736541us-gaap:EmployeeStockOptionMember2025-01-012025-06-300001736541us-gaap:ConvertibleNotesPayableMember2025-01-012025-06-300001736541us-gaap:EmployeeStockOptionMember2024-01-012024-06-300001736541us-gaap:ConvertibleNotesPayableMember2024-01-012024-06-300001736541us-gaap:SellingAndMarketingExpenseMember2025-01-012025-06-300001736541us-gaap:ResearchAndDevelopmentExpenseMember2025-01-012025-06-300001736541us-gaap:CostOfSalesMember2025-01-012025-06-300001736541us-gaap:SellingAndMarketingExpenseMember2024-01-012024-06-300001736541us-gaap:ResearchAndDevelopmentExpenseMember2024-01-012024-06-300001736541us-gaap:CostOfSalesMember2024-01-012024-06-300001736541nio:ConvertibleSeniorNotesDue2027Memberus-gaap:TreasuryStockCommonMember2024-12-012024-12-310001736541nio:ConvertibleSeniorNotesDue2027Memberus-gaap:AdditionalPaidInCapitalMember2024-12-012024-12-310001736541nio:ConvertibleSeniorNotesDue2027Memberus-gaap:TreasuryStockCommonMember2024-11-012024-11-300001736541nio:ConvertibleSeniorNotesDue2027Memberus-gaap:AdditionalPaidInCapitalMember2024-11-012024-11-300001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMember2024-09-292024-09-290001736541nio:NioAnhuiHoldingLtdMember2024-09-292024-09-290001736541nio:StrategicInvestorsMembernio:NioEnergyInvestmentHubeiCoLtdMember2024-05-312024-05-310001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMembersrt:MaximumMember2021-02-012021-02-280001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMember2021-02-012021-02-280001736541nio:StrategicInvestorsMembernio:NioAnhuiHoldingLtdMember2020-04-292020-04-290001736541us-gaap:AssetPledgedAsCollateralMember2025-06-300001736541us-gaap:AssetPledgedAsCollateralMember2024-12-310001736541us-gaap:ParentMember2025-01-012025-06-300001736541us-gaap:AdditionalPaidInCapitalMember2025-01-012025-06-300001736541us-gaap:ParentMember2024-01-012024-06-300001736541us-gaap:CommonStockMember2025-01-012025-06-300001736541us-gaap:CommonStockMember2024-01-012024-06-300001736541nio:SubsidiaryAdopted2021ShareIncentivePlanMember2024-01-012024-06-300001736541us-gaap:AdditionalPaidInCapitalMember2024-01-012024-06-300001736541us-gaap:TreasuryStockCommonMember2024-02-012024-02-010001736541us-gaap:TreasuryStockCommonMember2024-01-012024-06-300001736541nio:WuhanWeinengBatteryAssetsCo.LtdAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:ShanghaiWeishangBusinessConsultingCo.Ltd.Memberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:ShanghaiWeishangBusinessConsultingCo.Ltd.Memberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:NioAnhuiHoldingLtdMember2025-06-300001736541nio:NioHoldingCoLtdMember2024-09-290001736541nio:VtaTechnologyIncAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:KunshanSiwopuIntelligentEquipmentCo.Ltd.Memberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:BlueHorizonLimitedAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2025-01-012025-06-300001736541us-gaap:RelatedPartyMember2025-01-012025-06-300001736541nio:WuhanWeinengBatteryAssetsCo.LtdAndItsSubsidiariesMemberus-gaap:RelatedPartyMember2024-01-012024-06-300001736541us-gaap:RelatedPartyMember2024-01-012024-06-300001736541nio:NioAnhuiHoldingLtdMember2025-01-012025-06-300001736541nio:ConvertibleSeniorNotesDue2030Memberdei:AdrMember2023-10-310001736541nio:ConvertibleSeniorNotesDue2029Memberdei:AdrMember2023-09-300001736541nio:ConvertibleSeniorNotesDue2027Memberdei:AdrMember2021-01-310001736541nio:ConvertibleSeniorNotesDue2026Memberdei:AdrMember2021-01-310001736541nio:NioEnergyInvestmentHubeiCoLtdMember2025-01-012025-06-300001736541nio:NioAnhuiHoldingLtdMember2023-01-012023-12-310001736541nio:PrimeHubsLimitedMember2025-01-012025-06-300001736541nio:PrimeHubsLimitedMember2024-01-012024-12-310001736541us-gaap:CommonClassAMember2025-06-300001736541us-gaap:CommonClassAMember2024-12-310001736541dei:AdrMembernio:AtMarketEquityOfferingProgramMember2021-12-310001736541us-gaap:ProductMemberus-gaap:CollaborativeArrangementTransactionWithPartyToCollaborativeArrangementMember2025-01-012025-06-300001736541us-gaap:ProductMemberus-gaap:CollaborativeArrangementTransactionWithPartyToCollaborativeArrangementMember2024-01-012024-06-3000017365412024-06-300001736541nio:NioHoldingCoLtdMemberus-gaap:SubsequentEventMember2025-07-012025-07-310001736541nio:NioHoldingCoLtdMember2025-06-300001736541nio:NioEnergyInvestmentHubeiCoLtdMember2025-06-300001736541nio:NioHoldingCoLtdMember2024-12-310001736541us-gaap:NonrelatedPartyMember2025-06-300001736541us-gaap:NonrelatedPartyMember2024-12-310001736541nio:ConvertibleSeniorNotesDue2027Member2024-12-012024-12-310001736541nio:ConvertibleSeniorNotesDue2027Member2024-11-012024-11-300001736541nio:ConvertibleSeniorNotesDue2024Member2025-06-300001736541nio:ConvertibleSeniorNotesDue2024Member2021-01-150001736541nio:StrategicInvestorsMembernio:NioEnergyInvestmentHubeiCoLtdMember2024-05-3100017365412024-01-012024-12-3100017365412023-12-012023-12-310001736541us-gaap:ConvertibleNotesPayableMember2019-02-2800017365412024-01-012024-06-3000017365412025-06-3000017365412024-12-31iso4217:CNYiso4217:USDxbrli:pureiso4217:CNYxbrli:sharesiso4217:USDxbrli:sharesxbrli:sharesnio:segmentiso4217:HKDiso4217:HKDxbrli:shares

​

​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-38638

NIO Inc.

(Registrant’s Name)

Building 19, No. 1355, Caobao Road, Minhang District

Shanghai, People’s Republic of China

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒      Form 40-F ☐

​

​

​

​

​

EXPLANATORY NOTE

All exhibits to this current report on Form 6-K are hereby incorporated by reference into the registration statement on Form F-3 of NIO Inc. (File No. 333-279584) and shall become a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

​

​

​

EXHIBIT INDEX

​	​	​
Exhibit No.	​	Description
99.1	​	Unaudited Condensed Consolidated Financial Statements as of and for the Six Months Ended June 30, 2024 and 2025
99.2	​	Management’s Discussion and Analysis of Financial Condition and Results of Operations
101.INS	​	Inline XBRL Instance Document-this instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
101.SCH	​	Inline XBRL Taxonomy Extension Schema Document
101.CAL	​	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	​	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	​	Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE	​	Inline XBRL Taxonomy Extension Presentation Linkbase Document
104	​	Cover Page Interactive Data File (embedded within the Inline XBRL document)

​

​

​

​

​

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

​	​		​
​	NIO Inc.
​	​	​	​
​	By	:	/s/ Yu Qu
​	Name	:	Yu Qu
​	Title	:	Chief Financial Officer

​

Date: September 10, 2025

​

​

FAQ

What does NIO (NIO) report in this September 2025 Form 6-K?

NIO reports that it is furnishing a Form 6-K for September 2025 containing several exhibits. These exhibits include unaudited condensed consolidated financial statements and a management discussion and analysis covering the six months ended June 30, 2024 and 2025.

Which financial statements are included in NIO (NIO)’s latest Form 6-K?

The Form 6-K includes unaudited condensed consolidated financial statements for NIO as of and for the six months ended June 30, 2024 and 2025. These statements provide an interim view of the company’s financial position and performance during the first half of those years.

Does NIO (NIO) include MD&A in this Form 6-K filing?

Yes, the filing lists a Management’s Discussion and Analysis of Financial Condition and Results of Operations as Exhibit 99.2. This MD&A discusses NIO’s financial condition and operating results for the six-month periods referenced in the accompanying interim financial statements.

How does this NIO (NIO) Form 6-K relate to its Form F-3 registration?

NIO states that all exhibits to this Form 6-K are incorporated by reference into its existing Form F-3 registration statement, File No. 333-279584. This means the interim financials and MD&A become part of that shelf registration from the date the report is furnished.

Who signed NIO (NIO)’s September 2025 Form 6-K report?

The Form 6-K was signed on behalf of NIO Inc. by Yu Qu, who is identified as the company’s Chief Financial Officer. The signature confirms the company’s authorization of the furnished information and its submission under the Securities Exchange Act of 1934.