Shanghai (Gasgoo)- In December 2024, Chinses smart electric vehicle maker NIO Inc. ("NIO" or the "Company") saw its monthly new vehicle deliveries hit an all-time high of 31,138 units, representing a 51.3% month-on-month surge and a 72.9% year-on-year spike, according to NIO's latest sales results.
Among these, the NIO brand delivered 20,610 vehicles, while the fresh ONVO brand achieved 10,528 units of deliveries. Notably, the ONVO L60, the first model under the ONVO brand, surpassed the 10,000-unit monthly delivery mark within just three full sales months since its market launch on September 28.
For the full year 2024, NIO delivered 221,970 vehicles in total, a 38.7% jump compared to the previous year. Of these, 201,209 units were from the NIO brand, marking a 25.7% year-on-year growth, while the ONVO brand delivered 20,761 units.
By the end of December 2024, cumulative deliveries had reached 650,803 units for the NIO brand, 20,761 units for the ONVO brand, and a total of 671,564 vehicles for the Company.
At NIO Day 2024, the NIO ET9, our smart electric executive flagship was officially launched. The ET9 integrates NIO's full-stack technological capabilities across 12 areas, offering flagship experiences to users in design, space, comfort, audio, intelligent systems, assisted and intelligent driving, safety, powertrain, and overall driving and riding performance. Deliveries of the ET9 are expected to commence in March 2025.
At NIO Day 2024, the Company officially launched its smart electric executive flagship sedan model, the NIO ET9. NIO said this model integrates its full-stack technological expertise across 12 domains, offering users flagship experiences in areas such as design, space, comfort, audio systems, intelligent features, assisted and intelligent driving, safety, powertrain, and overall driving performance. Deliveries of the ET9 are scheduled to begin in March 2025.
Additionally, the event also marked the debut of "firefly," NIO's new small, smart, high-end electric car brand. The nascent brand draws on NIO's R&D, design expertise, safety standards, and advanced intelligent technologies. Upholding the brand ethos of being "vivid, thoughtful, and solid," firefly embodies the spirit of "freedom to glow." It aims to provide global users with an engaging driving experience and a thoughtfully designed, robust living space. The official launch of the firefly model is planned for April 2025.
The Company added, by 2025, NIO's cumulative R&D investments, surpassing 53 billion yuan, are expected to yield even greater results, accelerating the construction of charging and battery-swapping infrastructure. These advancements will further enhance the experience of NIO users worldwide.
