NIO Inc. Provides December, Fourth Quarter and Full Year 2025 Delivery Update
Rhea-AI Summary
NIO (NYSE: NIO) reported record deliveries for December, Q4 and full year 2025. The company delivered 48,135 vehicles in December 2025 (+54.6% YoY), 124,807 vehicles in Q4 2025 (+71.7% YoY), and 326,028 vehicles for full year 2025 (+46.9% YoY).
Deliveries by brand in December: NIO 31,897; ONVO 9,154; FIREFLY 7,084. Cumulative deliveries reached 997,592 as of December 31, 2025. The All-New ES8 surpassed 40,000 cumulative deliveries and set the fastest delivery record among BEVs priced above RMB400,000 in China.
Positive
- December deliveries 48,135 (+54.6% YoY)
- Q4 deliveries 124,807 (+71.7% YoY)
- Full-year 2025 deliveries 326,028 (+46.9% YoY)
- Cumulative deliveries at 997,592 as of 2025-12-31
- All-New ES8 > 40,000 cumulative deliveries; fastest for BEVs > RMB400,000
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
NIO fell 7.27% while key peers were mixed: RIVN +0.46%, LI +1.18%, XPEV -1.07%, STLA -0.55%, GM -1.13%, indicating a largely stock-specific move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Delivery update | Positive | -5.8% | Reported strong November 2025 delivery growth and higher cumulative volumes. |
| Nov 25 | Earnings results | Positive | -4.3% | Q3 2025 revenue and margin growth with reduced net loss and cash detail. |
| Nov 12 | Earnings date notice | Neutral | -2.7% | Announced timing and access details for upcoming Q3 2025 earnings call. |
| Oct 01 | Delivery update | Positive | +0.4% | Reported record September and Q3 2025 deliveries and ES8 launch. |
| Sep 17 | Equity offering | Neutral | +6.1% | Completed US$1.16B equity offering to fund R&D and infrastructure. |
Strong operational updates and earnings have often coincided with flat or negative next-day moves, suggesting a pattern of muted or contrarian price reactions to positive news.
Over the last few months, NIO has repeatedly reported record deliveries and solid growth. September 2025 saw 34,749 deliveries and a new quarterly record of 87,071 vehicles. November deliveries rose to 36,275, with year-to-date units at 277,893. Q3 2025 results highlighted revenues of RMB21,793.9M and improved margins, alongside ongoing net losses and prior equity issuance. Today’s record December, Q4, and full-year 2025 delivery figures extend this growth trajectory, reinforcing the trend of rapid volume expansion.
Market Pulse Summary
This announcement highlights record December, quarterly, and full-year 2025 deliveries, with 48,135 vehicles in December and 326,028 for the year, pushing cumulative deliveries to 997,592. Recent history shows consistent volume growth and prior capital-raising activity. Investors may track how sustained delivery momentum translates into revenue growth, margin trends, and progress toward profitability, as well as the performance of key models like the All-New ES8 in its premium BEV segment.
Key Terms
bevs technical
AI-generated analysis. Not financial advice.
Company Achieved New Record-High Monthly and Quarterly Deliveries
- 48,135 vehicles were delivered in December 2025, increasing by
54.6% year-over-year - 124,807 vehicles were delivered in the three months ended December 2025, increasing by
71.7% year-over-year - 326,028 vehicles were delivered in 2025 in total, increasing by
46.9% year-over-year - Cumulative deliveries reached 997,592 as of December 31, 2025
SHANGHAI, Jan. 01, 2026 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its December, fourth quarter and full year 2025 delivery results.
The Company delivered 48,135 vehicles in December 2025, a new monthly high, representing an increase of
In December 2025, our flagship premium SUV, the NIO All-New ES8, surpassed 40,000 cumulative deliveries, setting the fastest delivery record among BEVs priced above RMB400,000 in China. Powered by industry-leading smart EV technologies and supported by a comprehensive chargeable, swappable, and upgradable power network, the All-New ES8 has strengthened its leading position in the large three-row SUVs segment, demonstrating exceptional product competitiveness and widespread user recognition.
About NIO Inc.
NIO Inc. is a pioneer and a leading company in the global smart electric vehicle market. Founded in November 2014, NIO aspires to shape a sustainable and brighter future with the mission of “Blue Sky Coming”. NIO envisions itself as a user enterprise where innovative technology meets experience excellence. NIO designs, develops, manufactures and sells smart electric vehicles, driving innovations in next-generation core technologies. NIO distinguishes itself through continuous technological breakthroughs and innovations, exceptional products and services, and a community for shared growth. NIO provides premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small smart high-end electric cars with 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,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” 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 (the “SEC”), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and other written materials and in 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 inherent 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 strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture vehicles of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the battery swapping, BaaS, and NIO Assisted and Intelligent Driving and its subscription services; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO’s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations 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 globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please visit: http://ir.nio.com
Investor Relations
ir@nio.com
Media Relations
global.press@nio.com
FAQ
How many vehicles did NIO (NIO) deliver in December 2025?
What were NIO's total deliveries for full year 2025 and the year-over-year change?
What were NIO's fourth-quarter 2025 deliveries and growth rate?
How many cumulative vehicles has NIO delivered through December 31, 2025?
Which NIO model passed 40,000 cumulative deliveries and what record did it set?
