Latest period
$1.08B
YoY change
-32.7%
5Y CAGR
+38.1%
Peak year (2023)
$1.99B
Cumulative CapEx
$6.79B
CapEx history chart for NIO (NIO) from 2016 to 2025
Latest: $855.73M
CapEx growth chart for NIO (NIO) from 2016 to 2025
Latest: -32.7%
CapEx history table for NIO (NIO) from 2016 to 2025
| 2025 | $855.73M | -32.7% | −$415.81M | ||
| 2024 | $1.27B | -36.0% | −$713.82M | ||
| 2023 | $1.99B | +102.4% | +$1.00B | ||
| 2022 | $981.07M | +53.7% | +$342.90M | ||
| 2021 | $638.17M | +274.6% | +$467.83M | ||
| 2020 | $170.34M | -29.7% | −$72.00M | ||
| 2019 | $242.34M | -36.6% | −$140.08M | ||
| 2018 | $382.42M | +127.0% | +$213.95M | ||
| 2017 | $168.47M | +75.8% | +$72.66M | ||
| 2016 | $95.81M | — | — |
- 2025$855.73M-32.7%
- 2024$1.27B-36.0%
- 2023$1.99B+102.4%
- 2022$981.07M+53.7%
- 2021$638.17M+274.6%
- 2020$170.34M-29.7%
- 2019$242.34M-36.6%
- 2018$382.42M+127.0%
- 2017$168.47M+75.8%
- 2016$95.81M—
CapEx values are taken from NIO's reported cash flow statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in CNY.
About CapEx at NIO (NIO)
According to NIO's latest reported financial statements, the company's current CapEx (TTM) is $1.08B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, NIO (NIO) reported CapEx of 6.07B CNY – plunged 33.7% year-over-year.
NIO CapEx has grown on net over the period, with a +40.0% compound annual growth rate over 2020–2025 (5 years).
NIO CapEx plunged from 14.34B CNY in 2023 to 6.07B CNY in 2025, a 57.7% drawdown.
14.34B CNY stands as the all-time-high annual CapEx, posted in 2023, against a low of 654.46M CNY during 2016.
NIO Capital Expenditures by Year
NIO Capital Expenditures 2025: $855.73M
NIO posted CapEx of 6.07B CNY ($855.73M) in 2025, plunged 33.7% below 2024.
NIO Capital Expenditures 2024: $1.27B
In 2024, NIO reported CapEx of 9.14B CNY ($1.27B), plunged 36.2% below 2023.
NIO Capital Expenditures 2023: $1.99B
NIO CapEx in 2023 was 14.34B CNY ($1.99B), surged 105.7% from 2022. This figure represents the highest annual value in the available history.
NIO Capital Expenditures 2022: $981.07M
2022's CapEx for NIO came in at 6.97B CNY ($981.07M), surged 71.0% from 2021.
NIO Capital Expenditures 2021: $638.17M
NIO CapEx in 2021 was 4.08B CNY ($638.17M).
See more financial history for NIO (NIO).
Sector peers by CapEx
Consumer Cyclical peers of NIO (NIO), ranked by their latest CapEx
| $131.82B | |
| $18.33B | |
| $8.53B | |
| $3.68B | |
| $3.37B | |
| $2.21B | |
| $1.96B | |
| $322.00M |
- $131.82B
- $18.33B
- $8.53B
- $3.68B
- $3.37B
- $2.21B
- $1.96B
- $322.00M
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