NIO’s outlook for 2025 is marked by ambitious growth targets and global expansion plans. While the company faces challenges such as international tariffs and financial volatility, its strategic initiatives in product diversification, technological innovation, and market expansion position it as a resilient player in the evolving EV landscape.

In April 2025, NIO achieved a notable milestone by delivering 23,900 vehicles, marking a 53% year-over-year increase. This includes 19,269 units from its premium NIO brand, 4,400 from the family-oriented ONVO brand, and initial deliveries from the new Firefly subcompact line. Year-to-date, NIO has delivered 65,994 vehicles, up 44.5% compared to the same period last year. The company aims to double its 2025 deliveries relative to 2024, targeting over 330,000 units for the year .

Morgan Stanley expects Nio share price to double over the next year - and the Street-high target of $19.20 , this implies an expected upside of 141%. While that forecast is much higher than the mean target price of $12.84, given the attractive risk-reward dynamics, it wouldn't be a surprise if Nio can more than double from current levels by the end of 2025.