NIO Q4 2025 Deliveries Jump 71.7% Year Over Year To 124,807 Vehicles

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Vehicle deliveries were 124,807 in the fourth quarter of 2025, representing an increase of 71.7% from the fourth quarter of 2024, and an increase of 43.3% from the third quarter of 2025. The deliveries consisted of 67,433 vehicles from the Company's premium smart electric vehicle brand NIO, 38,290 vehicles from the Company's family-oriented smart electric vehicle brand ONVO, and 19,084 vehicles from the Company's small smart high-end electric car brand FIREFLY.

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