NIO stated on its Q2 2026 earnings call that it expects a further increase of 2,000 to 3,000 yuan in per-vehicle costs in the second half of the year compared to Q2, but the company will still strive to maintain stable gross margins. Additionally, NIO projects Q3 deliveries to be between 108,000 and 111,000 vehicles, and has set a more aggressive growth target, aiming for average monthly sales to exceed 40,000 vehicles in Q4.