The Company Achieved New Record-High Monthly and Quarterly Deliveries
- 31,138 cars were delivered in December 2024, up 72.9% year-on-year.
- 72,689 vehicles were delivered in the three months ending December 2024, up 45.2% year-on-year.
- A total of 221,970 cars were delivered in 2024, up 38.7% year-on-year.
- Additional deliveries reached 671,564 as of December 31, 2024
SHANGHAI, China, Jan. 01, 2025 (LATEST NEWS) — INC (NYSE: ). (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and leading company in the global smart electric vehicle market, today announced its December, fourth quarter and full year 2024 delivery results.
The company delivered 31,138 vehicles in December 2024, a new monthly increase, representing an increase of 72.9% year-on-year. The shipment includes 20,610 vehicles from the premium electric car brand NIO, and 10,528 vehicles from the company's ONVO family of electric cars. The company delivered 72,689 vehicles in the fourth quarter of 2024, a new quarterly record, representing an increase of 45.2% year-on-year. In the full year 2024, the Company delivered 221,970 vehicles, which represents an increase of 38.7% year-on-year. Delivery of additional services reached 671,564 as of December 31, 2024.
On NIO Day 2024, NIO ET9, our smart electric flagship was officially launched. ET9 combines NIO's full technology capabilities in 12 areas, offering a flagship user experience for design, space, comfort, audio, intelligent systems, assistance and intelligent driving, safety, power training, and overall performance and ride. ET9 deliveries are expected to begin in March 2025.
During the event, firefly, our small, smart, high-end electric car brand, was officially launched. Built on NIO's expertise in research and development, innovation, safety standards, and smart technology, firefly embodies the brand's DNA of clarity, imagination and durability. Inspired by the spirit of light freedom, firefly aims to provide users around the world with a clear driving experience and a thoughtfully designed, robust seating environment. The official launch of the fire model is expected in April 2025.
About NIO Inc.
NIO Inc. is a pioneer and leading company in the global smart electric car market. Founded in November 2014, NIO aspires to shape a sustainable and bright future with the mission of Blue Sky Coming. NIO sees itself as a user-friendly business where new technology meets superior experience. NIO designs, develops, manufactures and markets intelligent electric vehicles, driving innovation in next-generation leading technologies. NIO differentiates itself through continuous technological success and innovation, unique products and services, and a community of shared growth. NIO offers high-end electric vehicles under the NIO brand, family-oriented electric vehicles under the ONVO brand, and high-end small electric cars under the FIREFLY brand.
Safe Harbor Report
This press release contains statements that may constitute forward-looking statements pursuant to the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by vocabulary such as will, expects, expects, aims, future. , wants, plans, believes, guesses, maybe and similar expressions. NIO may make written or oral forward-looking statements in periodic reports to the US Securities and Exchange Commission (SEC), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each Stock. Hong Kong Exchange Limited (SEHK) and Singapore Exchange (OTC:) Securities Trading Limited (SGX-ST), press releases and other written and 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 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 plans; NIO's future business development, financial condition and results of operations; NIO's ability to develop and manufacture vehicles of sufficient quality and to appeal to customers on schedule and at scale; its ability to secure and expand its capacity to act, including establishing and maintaining partnerships with external parties; its ability to provide efficient and comprehensive energy solutions to its customers; the performance, potential growth and prospects for battery replacement, BaAS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve technology or develop other technologies to meet changing market demand and business development; NIO's ability to satisfy mandated safety standards related to vehicles; its ability to ensure the supply of raw materials or other materials used in its vehicles; its ability to maintain adequate inventory 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 in China and speculation underlying or relating to any of the above. Additional information about these and other risks is included in NIO and SEC filings and announcements and postings on the websites of each SEHK and SGX-ST. 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 statement, except as required under applicable law.
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Source: NIO Inc.