NIO Inc. Provides November 2025 Delivery Update
Rhea-AI Summary
NIO (NYSE: NIO) reported delivery results for November 2025. The company delivered 36,275 vehicles in November 2025, a 76.3% year-over-year increase. Year-to-date deliveries reached 277,893 vehicles in 2025, up 45.6% year-over-year. Cumulative deliveries were 949,457 as of November 30, 2025. November volumes comprised 18,393 NIO brand vehicles, 11,794 ONVO brand vehicles, and 6,088 FIREFLY brand vehicles.
Positive
- November deliveries: 36,275 vehicles (+76.3% YoY)
- Year-to-date deliveries: 277,893 vehicles (+45.6% YoY)
- Cumulative deliveries: 949,457 vehicles as of Nov 30, 2025
Negative
- None.
News Market Reaction
On the day this news was published, NIO declined 5.82%, reflecting a notable negative market reaction. Argus tracked a trough of -4.2% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $781M from the company's valuation, bringing the market cap to $12.64B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
EV peers showed mixed moves: RIVN -5.66%, XPEV -0.26%, LI +0.53%, STLA +0.34%, GM +0.65%. Notably, XPEV (-2.2%) and LI (-2.45%) also reported November 2025 delivery updates with negative reactions.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Delivery update | Positive | -5.8% | November 2025 deliveries rose 76.3% YoY to 36,275 vehicles. |
| Nov 25 | Earnings results | Positive | -4.3% | Q3 2025 revenue and deliveries grew while net loss narrowed year-over-year. |
| Nov 12 | Earnings date notice | Neutral | -2.7% | Announcement of timing and access details for Q3 2025 earnings call. |
| Oct 01 | Delivery update | Positive | +0.4% | Record September 2025 deliveries of 34,749 vehicles, up 64.1% YoY. |
| Sep 17 | Equity offering | Neutral | +6.1% | Completion of US$1.16B equity offering of ADSs and Class A shares. |
Recent fundamentally positive updates (deliveries and Q3 results) often coincided with negative 24h moves, while a prior delivery record saw only a small gain and the September equity offering drew the strongest positive reaction.
Over the last few months, NIO reported strong growth in deliveries and improving financial metrics. September 2025 deliveries reached 34,749 and Q3 2025 deliveries were 87,071. Q3 revenues were RMB21,793.9M with gross margin at 13.9%, though the company remained loss-making. A US$1.16B equity offering in September strengthened the balance sheet. Today’s November 2025 delivery update, with 36,275 vehicles and cumulative 949,457, extends this operational growth trend.
Market Pulse Summary
The stock moved -5.8% in the session following this news. A negative reaction despite strong delivery growth would fit a recent pattern where upbeat NIO updates were followed by declines, such as the -5.82% move after the prior delivery release and the -4.35% after Q3 earnings. This delivery report highlights continued volume expansion and brand diversification, but recent equity financing and prior post-news selling pressure could have amplified downside responses to otherwise positive fundamentals.
AI-generated analysis. Not financial advice.
- 36,275 vehicles were delivered in November 2025, increasing by
76.3% year-over-year - 277,893 vehicles were delivered year-to-date in 2025, increasing by
45.6% year-over-year - Cumulative deliveries reached 949,457 as of November 30, 2025
SHANGHAI, Dec. 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 November 2025 delivery results.
The Company delivered 36,275 vehicles in November 2025, representing an increase of
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 November 2025?
What are NIO's year-to-date deliveries for 2025 as of November 30?
How many cumulative vehicles has NIO delivered through November 30, 2025?
How were November 2025 deliveries split across NIO brands?
What does NIO's November 2025 delivery growth indicate about 2025 volumes?
