NIO Inc. Provides February 2025 Delivery Update

Rhea-AI Summary

NIO reported strong delivery performance in February 2025, with 13,192 vehicles delivered, marking a 62.2% increase year-over-year. The deliveries included 9,143 vehicles from NIO's premium smart electric vehicle brand and 4,049 vehicles from ONVO, their family-oriented brand.

Year-to-date deliveries reached 27,055 vehicles, showing a 48.8% growth compared to the previous year. The company's cumulative deliveries totaled 698,619 vehicles as of February 28, 2025.

During the Chinese New Year holiday period (January 22 to February 5, 2025), NIO's power network demonstrated robust performance with over 1.7 million battery swaps completed. The busiest station handled up to 180 swaps per day, with more than 80% of highway energy replenishment achieved through power swaps. Additionally, over 21,000 flexible battery upgrades were provided to enhance long-distance travel experience.

Positive

• 62.2% YoY increase in monthly deliveries
• 48.8% YoY growth in year-to-date deliveries
• 1.7 million battery swaps completed during Chinese New Year period
• 80% of highway energy replenishment through power swaps

Negative

• None.

• 13,192 vehicles were delivered in February 2025, increasing by 62.2% year-over-year
• 27,055 vehicles were delivered year-to-date in 2025, increasing by 48.8% year-over-year
• Cumulative deliveries reached 698,619 as of February 28, 2025  
  

SHANGHAI, China, March 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 February 2025 delivery results.

The Company delivered 13,192 vehicles in February 2025, representing an increase of 62.2% year-over-year. The deliveries consisted of 9,143 vehicles from the Company’s premium smart electric vehicle brand NIO, and 4,049 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO. Cumulative deliveries reached 698,619 as of February 28, 2025.

During the peak travel period surrounding the Chinese New Year holiday, NIO’s nationwide power network consistently delivered comprehensive, efficient and convenient services. From January 22 to February 5, 2025, over 1.7 million battery swaps were completed, with the busiest station serving up to 180 swaps per day. Notably, over 80% of our users’ energy replenishment on highways was accomplished through power swaps. In addition, over 21,000 flexible battery upgrades were provided, further enhancing the long-distance travel experience.

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 February 2025?

NIO delivered 13,192 vehicles in February 2025, representing a 62.2% increase year-over-year.

What is the breakdown of NIO's February 2025 deliveries between brands?

NIO delivered 9,143 vehicles under its premium brand and 4,049 vehicles under the ONVO family-oriented brand.

How many battery swaps did NIO complete during Chinese New Year 2025?

NIO completed over 1.7 million battery swaps from January 22 to February 5, 2025, with the busiest station serving 180 swaps per day.

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

NIO's cumulative deliveries reached 698,619 vehicles as of February 28, 2025.

What was NIO's year-to-date delivery growth in 2025?

NIO's year-to-date deliveries in 2025 reached 27,055 vehicles, showing a 48.8% increase year-over-year.