NIO Inc. Provides May 2025 Delivery Update

Rhea-AI Summary

NIO Inc. reported strong delivery numbers for May 2025, with 23,231 vehicles delivered, marking a 13.1% increase year-over-year. The deliveries were distributed across three brands: 13,270 vehicles from NIO's premium smart EV line, 6,281 vehicles from ONVO family-oriented EVs, and 3,680 vehicles from FIREFLY small high-end EVs. Year-to-date deliveries reached 89,225 vehicles, showing significant growth of 34.7% compared to the same period last year. The company's cumulative deliveries milestone stands at 760,789 vehicles as of May 31, 2025, demonstrating sustained growth in the global smart electric vehicle market.

Positive

• Total deliveries increased 13.1% YoY to 23,231 vehicles in May 2025
• Year-to-date deliveries grew significantly by 34.7% to 89,225 vehicles
• Reached substantial milestone of 760,789 cumulative deliveries
• Successfully operating three distinct EV brands targeting different market segments

Negative

• Monthly delivery growth rate of 13.1% shows deceleration compared to YTD growth rate of 34.7%

• 23,231 vehicles were delivered in May 2025, increasing by 13.1% year-over-year
• 89,225 vehicles were delivered year-to-date in 2025, increasing by 34.7% year-over-year
• Cumulative deliveries reached 760,789 as of May 31, 2025
  

SHANGHAI, June 01, 2025 (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 May 2025 delivery results.

The Company delivered 23,231 vehicles in May 2025, representing an increase of 13.1% year-over-year. The deliveries consisted of 13,270 vehicles from the Company’s premium smart electric vehicle brand NIO, 6,281 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO, and 3,680 vehicles from the Company’s small smart high-end electric car brand FIREFLY. Cumulative deliveries reached 760,789 as of May 31, 2025.

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 deliver in May 2025?

NIO delivered 23,231 vehicles in May 2025, representing a 13.1% increase year-over-year.

What is NIO's year-to-date delivery performance for 2025?

NIO delivered 89,225 vehicles year-to-date in 2025, showing a 34.7% increase compared to the same period last year.

How many cumulative vehicle deliveries has NIO achieved as of May 2025?

NIO reached cumulative deliveries of 760,789 vehicles as of May 31, 2025.

What are the different brands under NIO and their delivery numbers for May 2025?

NIO delivered 13,270 premium smart EVs under the NIO brand, 6,281 vehicles under the family-oriented ONVO brand, and 3,680 vehicles under the small high-end FIREFLY brand.

What is the growth rate of NIO's vehicle deliveries in May 2025?

NIO's vehicle deliveries grew by 13.1% year-over-year in May 2025.