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NIO Deliveres 31,138 Vehicles in December, up 72.9% YoY

Tiger Newspress01-01

  • 31,138 vehicles were delivered in December 2024, increasing by 72.9% year-over-year

  • 72,689 vehicles were delivered in the three months ended December 2024, increasing by 45.2% year-over-year

  • 221,970 vehicles were delivered in 2024 in total, increasing by 38.7% year-over-year

  • Cumulative deliveries reached 671,564 as of December 31, 2024  

NIO Inc. today announced its December, fourth quarter and full year 2024 delivery results.

The Company delivered 31,138 vehicles in December 2024, a new monthly high, representing an increase of 72.9% year-over-year. The deliveries consisted of 20,610 vehicles from the Company’s premium smart electric vehicle brand NIO, and 10,528 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO. The Company delivered 72,689 vehicles in the fourth quarter of 2024, a new quarterly record, representing an increase of 45.2% year-over-year. For the full year of 2024, the Company delivered 221,970 vehicles, reflecting an increase of 38.7% year-over-year. Cumulative deliveries reached 671,564 as of December 31, 2024.

At NIO Day 2024, the NIO ET9, our smart electric executive flagship was officially launched. The ET9 integrates NIO’s full-stack technological capabilities across 12 areas, offering flagship experiences to users in design, space, comfort, audio, intelligent systems, assisted and intelligent driving, safety, powertrain, and overall driving and riding performance. Deliveries of the ET9 are expected to commence in March 2025.

During the event, firefly, our small, smart, high-end electric car brand, was officially launched. Built upon NIO’s expertise in research and development, design capabilities, safety standards, and intelligent technologies, firefly embodies the brand’s DNA of being “vivid, thoughtful and solid.” Inspired by the spirit of “freedom to glow,” firefly aims to provide global users with a vivid driving experience and a thoughtfully designed, solid living space. The official launch of the firefly model is expected in April 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Cedric77
    ·01-02
    NIO's electric vehicles have several advantages over other EVs in China and Tesla. Here are some key benefits: - *Faster Refueling*: NIO's battery swapping technology allows for faster refueling, taking only 3-5 minutes to swap out a depleted battery for a fully charged one.¹ - *Convenience*: NIO's battery swapping service is done-for-you, eliminating the need to manually charge your vehicle. - *Cost-Effective*: NIO's battery subscription service can reduce the upfront cost of purchasing an EV by up to $10,000. - *Flexibility*: NIO's battery leasing model allows customers to upgrade or downgrade their battery capacity as needed. - *Wide Battery Swapping Network*: NIO has established an extensive network of battery swapping stations across China, making long-distance travel more convenient.
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  • Evone98
    ·01-01
    A zzz e RT q ju g
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