$NIO Inc.(NIO)$ Net loss attributable to NIO's ordinary shareholders in the first quarter of 2025 was RMB6,891.1 million (US$949.6 million), representing an increase of 31.1% from the first quarter of 2024 and a decrease of 3.4% from the fourth quarter of 2024. Excluding share-based compensation expenses and accretion on redeemable non-controlling interests to redemption value, adjusted net loss attributable to NIO's ordinary shareholders (non-GAAP) was RMB6,275.6 million (US$864.8 million) in the first quarter of 2025.
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