The company achieved a new record in monthly and quarterly deliveries
- In December 2024, 31,138 vehicles were delivered, a year-on-year increase of 72.9%
- 72,689 vehicles were delivered in the three months ending December 2024, a year-on-year increase of 45.2%.
- In 2024, a total of 221,970 vehicles were delivered, a year-on-year increase of 38.7%
- Accumulated deliveries reached 671,564 as of December 31, 2024
SHANGHAI, China, Jan. 1, 2025 (GLOBE NEWSWIRE) — NIO Inc. (NYSE:). (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and leader in the global smart electric vehicle market, today announced its December, Q4 and full-year delivery results. 2024.
The Company delivered 31,138 vehicles in December 2024, a new monthly high, representing a 72.9% year-over-year increase. Deliveries consisted of 20,610 vehicles of the Company’s NIO premium smart electric vehicle brand and 10,528 vehicles of the Company’s ONVO family-oriented smart electric vehicle brand. The Company delivered 72,689 vehicles in the fourth quarter of 2024, a new quarterly record, representing a 45.2% year-over-year increase. For the full year 2024, the Company delivered 221,970 vehicles, reflecting a 38.7% year-over-year increase. Accumulated deliveries reached 671,564 as of December 31, 2024.
On NIO Day 2024, the NIO ET9, our smart electric executive flagship, was officially launched. The ET9 integrates NIO’s comprehensive technological capabilities in 12 areas, offering flagship experiences to users in design, space, comfort, audio, intelligent systems, assisted and intelligent driving, safety, powertrain and overall ride and handling performance. Deliveries of the ET9 are expected to begin in March 2025.
During the event, Firefly, our brand of small, smart and high-end electric cars, was officially launched. Based on NIO’s expertise in research and development, design capabilities, safety standards and smart technologies, firefly embodies the brand’s DNA of being vivid, thoughtful and robust. Inspired by the spirit of freedom to shine, firefly aims to provide global users with a vivid driving experience and a solid and carefully designed living space. The official launch of the firefly model is expected in April 2025.
About NIO Inc.
NIO Inc. is a pioneer and leader in the global smart electric vehicle market. Founded in November 2014, NIO aims to shape a brighter, more sustainable future with the mission of Blue Sky Coming. NIO envisions itself as a user company where innovative technology meets excellence in experience. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO is distinguished by continued technological advancements and innovations, exceptional products and services, and a community for shared growth. NIO offers premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and high-end small smart electric cars under 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, expectations, anticipations, objectives, future. , intends, plans, believes, estimates, is probable 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 (SEC), in its annual report to shareholders, in announcements, circulars or other publications made on NIO’s websites. each of the actions. Exchange of Hong Kong Limited (SEHK) and Singapore Exchange (OTC:) Securities Trading Limited (SGX-ST), in press releases and other written materials and in oral statements made by their officers, directors or employees to third parties. Statements that are not historical facts, including statements regarding 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 statements, 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 attractiveness to customers on schedule and at scale; its ability to secure and expand manufacturing capabilities, including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive energy solutions to its customers; the viability, growth potential and prospects of battery swapping, BaaS and Assisted and Intelligent NIO services and their subscription services; its ability to improve technologies or develop alternative technologies to meet changing market demand and industry development; NIO’s ability to satisfy mandatory safety standards related to motor vehicles; its ability to secure the supply of raw materials or other components used in its vehicles; its ability to obtain sufficient reservations and sales of its vehicles; its ability to control the 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. More information about these and other risks is included in NIO’s filings with the SEC and in announcements and presentations on the SEHK and SGX-ST websites. All information provided in this press release is as of the date of this press release, and NIO undertakes no obligation to update any forward-looking statements, except as required by applicable law.
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Source: NIO Inc.