NIO Inc. Provides April 2025 Delivery Update

Rhea-AI Summary

NIO reported strong delivery growth in April 2025, with 23,900 vehicles delivered, marking a 53.0% increase year-over-year. The deliveries included:

• 19,269 vehicles from NIO's premium smart EV brand
• 4,400 vehicles from ONVO family-oriented brand
• Initial deliveries from new FIREFLY brand

The company's year-to-date deliveries reached 65,994 vehicles, up 44.5% compared to the previous year. Total cumulative deliveries hit 737,558 by April 30, 2025.

Notably, NIO launched its new small smart high-end electric car, Firefly, on April 19, 2025. The vehicle, designed with NIO's core technologies and safety standards, began deliveries in China with planned global market expansion. Firefly aims to deliver a vivid driving experience under the brand DNA of being "vivid, thoughtful and solid."

Positive

• Monthly deliveries grew 53% YoY to 23,900 vehicles in April 2025
• YTD deliveries increased 44.5% to 65,994 vehicles
• Successfully launched new FIREFLY brand expanding product portfolio
• Reached significant milestone of 737,558 cumulative deliveries
• Demonstrated market expansion with three distinct vehicle brands (NIO, ONVO, FIREFLY)

Negative

• Heavy reliance on Chinese market with global expansion still pending
• FIREFLY deliveries just starting, indicating minimal initial revenue contribution

Insights

Automotive Industry Analyst

NIO achieves 53% YoY growth with 23,900 April deliveries across three brands, demonstrating successful multi-segment execution.

NIO's April 2025 delivery results demonstrate impressive operational momentum with 23,900 vehicles delivered, representing a 53.0% year-over-year increase. The year-to-date deliveries of 65,994 vehicles (up 44.5% YoY) further reinforce this positive trajectory. Breaking down the April figures, the premium NIO brand remains the primary volume driver with 19,269 units, while the newer ONVO family-oriented brand contributed 4,400 vehicles.

The achievement of 737,558 cumulative deliveries signals NIO's continued production scaling capabilities. What's particularly significant is the consistent growth pattern across both the established NIO brand and the newer ONVO line, indicating effective execution across multiple market segments simultaneously. These delivery figures validate NIO's manufacturing capacity expansion and suggest strong consumer reception across their product portfolio.

The robust year-over-year growth rate demonstrates NIO's ability to increase production output while navigating the complex EV supply chain landscape. This consistent delivery acceleration across multiple consecutive quarters shows operational discipline in production ramp-up and logistics management.

EV Market Specialist

NIO completes three-brand strategy with firefly launch, targeting distinct market segments while expanding internationally.

The launch and initial deliveries of NIO's third brand, firefly, completes the company's multi-brand strategy implementation targeting distinct market segments. This small smart high-end electric car represents NIO's entry into the compact premium segment, complementing the existing premium NIO brand and family-oriented ONVO marque. The brand positioning as "vivid, thoughtful and solid" suggests a lifestyle-focused urban vehicle rather than a mass-market offering.

Significantly, NIO explicitly states plans to expand firefly to global markets "in the near future," confirming the company's international expansion strategy. This three-tier brand architecture enables NIO to address different consumer segments while potentially leveraging shared technology platforms across brands.

The timing of this launch is strategic, as it allows NIO to compete in the growing small premium EV segment. By developing distinct brand identities for each market segment, NIO is creating clear positioning that avoids internal competition while maximizing total addressable market. The successful launch of firefly demonstrates NIO's ability to execute complex product development timelines while maintaining growth momentum in existing product lines.

• firefly started deliveries in late April 2025
• 23,900 vehicles were delivered in April 2025, increasing by 53.0% year-over-year
• 65,994 vehicles were delivered year-to-date in 2025, increasing by 44.5% year-over-year
• Cumulative deliveries reached 737,558 as of April 30, 2025  

SHANGHAI, May 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its April 2025 delivery results.

The Company delivered 23,900 vehicles in April 2025, representing an increase of 53.0% year-over-year. The deliveries consisted of 19,269 vehicles from the Company’s premium smart electric vehicle brand NIO, 4,400 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO, and initial deliveries of the Company’s small smart high-end electric car brand FIREFLY, which started in late April 2025. Cumulative deliveries reached 737,558 as of April 30, 2025.

Our small smart high-end electric car, firefly, was officially launched on April 19, 2025. Built upon NIO’s expertise in research and development, design capabilities, safety standards, and intelligent technologies, firefly embodies the brand DNA of being “vivid, thoughtful and solid.” It offers a vivid driving experience where users can embrace the freedom to glow. Following the product launch, firefly started deliveries in China in late April 2025, with plans to gradually reach global markets in the near future.

About NIO Inc.
NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming”. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with the FIREFLY brand.

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build its current and future brands; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: http://ir.nio.com

Investor Relations
ir@nio.com

Media Relations
global.press@nio.com

FAQ

How many vehicles did NIO deliver in April 2025?

NIO delivered 23,900 vehicles in April 2025, representing a 53.0% increase year-over-year. This included 19,269 NIO brand vehicles, 4,400 ONVO vehicles, and initial deliveries of the new FIREFLY brand.

What is NIO's FIREFLY brand and when did it launch?

FIREFLY is NIO's new small smart high-end electric car brand that officially launched on April 19, 2025. It started deliveries in China in late April 2025 and plans to expand to global markets in the future.

What is NIO's total delivery count as of April 2025?

NIO's cumulative deliveries reached 737,558 vehicles as of April 30, 2025.

How many vehicles has NIO delivered year-to-date in 2025?

NIO delivered 65,994 vehicles year-to-date in 2025, showing a 44.5% increase compared to the same period last year.

Which vehicle brands does NIO currently sell?

NIO currently sells vehicles under three brands: NIO (premium smart electric vehicles), ONVO (family-oriented smart electric vehicles), and FIREFLY (small smart high-end electric cars).