Nio Founder Li Bin Says First-Half Sales Rose 67% and Revenue 86%

According to Wallstreetcn, Nio founder, chairman, and CEO Li Bin said on the 2026 second-quarter earnings call that the company maintained high-quality growth despite pressure on China's auto market, with first-half sales up 67%, revenue up 86%, and gross profit up 282% year on year. Li said the results came as raw material and memory chip costs kept rising, and he expects per-vehicle costs in the second half of this year to increase by about 16,000 to 17,000 yuan from the end of last year, while the company remains confident of sustaining rapid gross profit growth.