0227 GMT - NIO's 1Q vehicle margin is likely to be helped by an improving product mix, which is expected to offset rising costs and lower sales, Deutsche Bank analyst Bin Wang writes in a note. NIO says its ES8 SUV generated gross margin close to 25% in 4Q, with approximately 40,000 units sold. NIO anticipates on-quarter increase in 1Q ES8 SUV sales volume, driven by a sufficient order backlog, he says. This suggests a significant positive shift in the product mix. While NIO is experiencing some increases in sourcing costs, the impact is expected to be minimal in 1Q as NIO's purchasing costs are based on long-term contracts. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

March 18, 2026 22:27 ET (02:27 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.