NIO Inc. Provides January 2025 Delivery Update

Rhea-AI Summary

NIO reported its January 2025 delivery results, achieving 13,863 vehicle deliveries, marking a 37.9% increase year-over-year. The deliveries were split between two brands: 7,951 vehicles from NIO's premium smart electric vehicle line and 5,912 vehicles from ONVO, their family-oriented brand. The company's cumulative deliveries reached 685,427 vehicles as of January 31, 2025.

Positive

• 37.9% year-over-year growth in monthly deliveries
• Strong delivery numbers across both premium and family-oriented vehicle segments
• Reached significant milestone of 685,427 cumulative deliveries

Negative

• None.

Insights

Automotive Industry Analyst

The January 2025 delivery results reveal NIO's successful execution of its dual-brand strategy, with the premium NIO line and mass-market ONVO brand collectively achieving 13,863 deliveries. The 37.9% year-over-year growth significantly outpaces the broader Chinese EV market's expansion rate, indicating market share gains in a highly competitive landscape.

The ONVO brand's contribution of 5,912 units, representing approximately 42.6% of total deliveries, validates NIO's strategic pivot toward the volume-driven mass market segment. This diversification reduces dependency on the premium segment and positions NIO to capture a broader customer base, particularly important given the intensifying competition in China's premium EV space.

The premium NIO brand's 7,951 deliveries demonstrate sustained demand in the high-end segment, though the mix shift toward ONVO suggests a calculated rebalancing of the portfolio. This two-pronged approach helps optimize resource allocation and manufacturing efficiency while maintaining presence across price points.

The cumulative delivery milestone of 685,427 vehicles underscores NIO's scaling capabilities and manufacturing maturity. The company's ability to maintain robust year-over-year growth despite a challenging macro environment and intense competition reflects operational resilience and strong brand momentum in both premium and mass-market segments.

• 13,863 vehicles were delivered in January 2025, increasing by 37.9% year-over-year
• Cumulative deliveries reached 685,427 as of January 31, 2025

SHANGHAI, China, Feb. 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 January 2025 delivery results.

The Company delivered 13,863 vehicles in January 2025, representing an increase of 37.9% year-over-year. The deliveries consisted of 7,951 vehicles from the Company’s premium smart electric vehicle brand NIO, and 5,912 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO. Cumulative deliveries reached 685,427 as of January 31, 2025.

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 January 2025?

NIO delivered 13,863 vehicles in January 2025.

What was NIO's year-over-year delivery growth in January 2025?

NIO's deliveries increased by 37.9% year-over-year in January 2025.

How many vehicles were delivered under NIO's premium brand in January 2025?

NIO delivered 7,951 vehicles under its premium smart electric vehicle brand in January 2025.

What is NIO's total cumulative delivery count as of January 31, 2025?

NIO's cumulative deliveries reached 685,427 vehicles as of January 31, 2025.

How many ONVO brand vehicles did NIO deliver in January 2025?

NIO delivered 5,912 vehicles under its ONVO family-oriented smart electric vehicle brand in January 2025.