NIO Inc. Reports a Stellar Year in 2024

NIO Inc. has announced an impressive milestone in its 2024 annual report, revealing a 38.7% increase in vehicle deliveries, totaling 221,970 units. This remarkable growth underscores the company's robust performance and its strengthening position in the electric vehicle market.

December 2024: A New Monthly High

December 2024 marked a historic moment for NIO, with the company achieving a new monthly delivery high of 31,138 units, a staggering 72.9% increase from the previous year. This surge was propelled by strong sales across both its premium smart electric vehicle brand, NIO, and its family-oriented brand, ONVO, contributing 20,610 and 10,528 units respectively.

Fourth Quarter Highlights

The fourth quarter of 2024 further highlighted NIO's growth trajectory, with deliveries reaching 72,689 units, a 45.2% increase compared to the same period in 2023. This consistent upward trend reflects the company's successful strategies and the increasing consumer demand for smart electric vehicles.