According to business registration records, on July 11, NIO Sales and Service Company infused an additional 12 billion into its registered capital, raising it from 11 billion to 23 billion. Similarly, Anhui Technology Company augmented its capital by 8 billion, now holding a robust 26 billion with renewed confidence.

This marks the second wave of significant financial support from Anhui's state-owned asset system within a span of four months, with consecutive injections aimed at bolstering the company's intelligent research and development (R&D) efforts and expanding its battery swapping network.

Backed by this capital influx, NIO's technological R&D initiatives continue to gather pace.

Data indicates that by 2024, the company's R&D investment will reach 13 billion yuan, with cumulative investments surpassing 60 billion yuan. This focus is directed towards pivotal technological domains such as autonomous driving chips.

In the realm of battery swapping network construction, NIO has established the world's largest battery swapping system and aims to increase the number of battery swapping stations to 4,000 by the end of 2025. Additionally, it intends to broaden battery swapping scenarios through deepened collaborations with CNPC and Sinopec, foster international standards, and forge partnerships with industry peers to expand its geographical footprint.

NIO's technological prowess and network layout are gradually translating into market success. In the second quarter of this year, the company delivered over 72,000 vehicles, marking a 71.2% increase from the previous quarter, signaling a robust sales rebound. Notably, the company has commenced batch shipments of its self-developed 5-nanometer intelligent driving chips, which have reduced the cost per vehicle by 10,000 yuan, thereby enhancing gross margins.

The capital market has responded favorably to NIO's advancements, with its Hong Kong shares surging to HK$30 on July 10, a three-month high, and a one-day increase of 7.79%.

This upsurge is largely attributed to the "ace up the sleeve" presented by the new brand Ledao – specifically, the L90's pre-sale price of 193,900 yuan (with battery leasing), which has set a new benchmark for the pricing of medium and large pure electric SUVs. Industry insiders believe that this model will serve as a crucial lever for NIO to achieve its full-year profit target and a pivotal strategy for its market expansion.

Currently, fueled by the synergistic forces of state-owned asset support, technological breakthroughs, and new product launches, NIO's development trajectory continues to gain momentum.