NIO Inc. Provides December, Fourth Quarter and Full Year 2024 Delivery Update By Investing.com

The company achieved new record monthly and quarterly shipments

• 31,138 vehicles were delivered in December 2024, up 72.9% year-on-year
• In the three months ended December 2024, 72,689 vehicles were delivered, up 45.2% year-on-year.
• A total of 221,970 vehicles were delivered in 2024, up 38.7% year-on-year.
• Cumulative shipments reached 671,564 as of December 31, 2024

SHANGHAI, China, Jan. 01, 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 2024 fourth quarter and full year shipment results.

The company delivered 31,138 vehicles in December 2024, a new monthly high, up 72.9% year-on-year. Shipments 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 ONVO. 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. For the full year 2024, the Company delivered 221,970 vehicles, reflecting an increase of 38.7% year-on-year. Cumulative shipments reached 671,564 as of December 31, 2024.

NIO Day 2024 saw the official launch of NIO ET9, our flagship smart electric executive. ET9 integrates NIO’s full technology capabilities across 12 areas, offering users superior experiences in design, space, comfort, audio, smart systems, assistive and in the area of ​​intelligent driving, safety, powertrain and overall driving and handling performance.Deliveries of the ET9 are expected to begin in 2025 in March.

Our small, smart, premium electric car brand was officially introduced at the event. Built on NIO’s expertise and development, design capabilities, and smart technology, firefly embodies the brand’s bright, thoughtful and robust DNA. Inspired to shine In the spirit of freedom, Fifly aims to provide global users with a vivid driving experience and a thoughtfully designed, robust living space. The official release of the Fifly model is expected in 2025 in April.

About NIO Inc
NIO Inc. is a pioneer and leader in the global smart electric vehicle market.Founded in November 2014, NIO strives to shape a sustainable and bright future with the mission of Blue Sky Coming.NIO envisions itself as a user enterprise where innovative technologies meet excellence NIO designs, develops, manufactures and markets intelligent electric vehicles, innovating in the next generation of key technologies through advancements and innovations, exceptional products and services, and overall growth, NIO provides premium smart electric cars under the NIO brand, family-oriented smart electric cars through the ONVO brand, and small smart high-end electric cars under the FIREFLY brand.

Safe Harbor Statement
This press release contains statements that may be forward-looking statements within the meaning of the US Securities Litigation Reform Act of 1995. NIO may also make written or oral statements make forward-looking statements in its periodic reports to the US Securities and Exchange Commission (SEC), annual report to shareholders, announcements, circulars or in other publications made on each website of The Stock Exchange of Hong Kong Limited (SEHK) and Singapore Exchange (OTC:) Securities Trading Limited (SGX-ST), in press releases and other written materials and by its officers, directors or employees in oral statements made by 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 inherent risks and uncertainties.A number of factors could cause actual results to differ materially from those contained in forward-looking statements, including but not limited to: 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 attract customers on schedule and at scale; its ability to secure and expand manufacturing capabilities, including establishing and maintaining partnerships with third parties; the ability to provide convenient and comprehensive solutions for electricity to its customers; the viability, growth potential and prospects of battery sharing, BaaS and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve technologies or develop alternative technologies to meet evolving market demand and industry development; NIO’s ability to meet mandatory motor vehicle safety standards; the ability to secure the supply of raw materials or other components used in its vehicles; its ability to maintain sufficient reservations and sales of its vehicles; the ability to control the costs associated with its activities; the 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 above. Additional information on these and other risks is included in NIO’s filings with the SEC and on SEHK’s and SGX-ST’s websites. All information in this press release is provided as of the date of this press release and NIO undertakes no obligation to update any forward-looking statement except as required by applicable law. by law.

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Source: NIO Inc.