- NIO delivered 15,039 vehicles in March 2025, a 26.7% increase compared to the same period last year.
- In the first quarter of 2025, the company delivered 42,094 vehicles, marking a 40.1% increase year-over-year.
- As of March 31, 2025, NIO’s cumulative deliveries have reached 713,658 vehicles.
SHANGHAI, April 01, 2025 — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a leading company in the global smart electric vehicle market, today announced its vehicle delivery results for March and the first quarter of 2025.
In March 2025, the company delivered 15,039 vehicles, reflecting a 26.7% increase compared to March of the previous year. This included 10,219 vehicles from NIO, its premium smart electric vehicle brand, and 4,820 vehicles from ONVO, its family-oriented smart electric vehicle brand. First-quarter deliveries for 2025 totaled 42,094 vehicles, a 40.1% increase year-over-year. The company’s cumulative deliveries reached 713,658 as of March 31, 2025.
NIO began deliveries of the ET9, its flagship smart electric executive vehicle, in late March 2025. The ET9 represents the pinnacle of NIO’s technologies and innovations, establishing a new standard for executive smart electric vehicles and meeting user expectations for innovation and technology. It aims to redefine executive travel with an unparalleled experience.
About NIO Inc.
NIO Inc. is a pioneering and leading company in the global smart electric vehicle sector. Founded in November 2014, NIO aims to create a sustainable and brighter future with its mission of “Blue Sky Coming.” NIO envisions itself as a user-centric enterprise where technology and experience converge. The company designs, develops, manufactures, and sells smart electric vehicles, driving innovation in core technologies for the next generation. NIO distinguishes itself through technological advancements, exceptional products and services, and a community fostering shared growth. NIO offers premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small, high-end electric cars with the FIREFLY brand.
Safe Harbor Statement
This press release includes statements that may be considered “forward-looking” statements as defined by the U.S. Private Securities Litigation Reform Act of 1995’s “safe harbor” provisions. These statements can be identified by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. NIO may also issue forward-looking statements in its filings with the U.S. Securities and Exchange Commission (the “SEC”), its annual reports to shareholders, announcements, circulars, or other publications on the websites of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases, written materials, and oral statements by its officers, directors, or employees. Forward-looking statements are not historical facts but rather statements about NIO’s beliefs, plans, and expectations, and they involve inherent risks and uncertainties. Various factors could cause actual results to differ materially from those projected in any forward-looking statement, including but not limited to: NIO’s strategies; future business development, financial condition, and operating results; the company’s ability to develop and manufacture high-quality, appealing vehicles on schedule and at scale; its ability to secure and expand manufacturing capacity, including partnerships with third parties; its ability to offer convenient and comprehensive power solutions; the viability, growth potential, and prospects of battery swapping, BaaS, NIO Assisted and Intelligent Driving, and subscription services; its ability to improve existing technologies or develop alternative technologies to meet evolving market demands; NIO’s ability to meet mandated safety standards for motor vehicles; its ability to secure raw materials or other components for its vehicles; its ability to secure sufficient vehicle reservations and sales; its ability to control operational costs; its ability to build its current and future brands; general economic and business conditions globally and in China, and underlying assumptions. Further information about these and other risks can be found in NIO’s filings with the SEC and on the websites of the SEHK and SGX-ST. All information in this press release is current as of its date, and NIO undertakes no obligation to update any forward-looking statement unless required by law.
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