Core Insights - NIO Inc. achieved a record high of 48,135 vehicle deliveries in December 2025, representing a year-on-year increase of 54.6% [1] - The NIO brand delivered 31,897 vehicles, also a record high, with a year-on-year growth of 54.8%, marking five consecutive months of growth [1] - The total vehicle deliveries for NIO in 2025 reached 326,028 units, a historical high with a year-on-year increase of 46.9% [1] Delivery Performance - In Q4 2025, NIO delivered 124,807 vehicles, a record high with a year-on-year growth of 71.7% [1] - The NIO brand's Q4 deliveries were 67,433 units, up 27.8% year-on-year [1] - The Ladao brand saw a significant increase in Q4 deliveries, reaching 38,290 units, a year-on-year growth of 92.1% [1] - The Firefly brand delivered 19,084 vehicles in Q4, reflecting a quarter-on-quarter growth of 52.8% [1] Cumulative Deliveries - As of now, NIO has cumulatively delivered 997,592 vehicles, with the NIO brand accounting for 829,609 units [2] - The Ladao brand has delivered 128,569 vehicles, while the Firefly brand has delivered 39,414 units [2] Tax Policy Changes - Starting January 1, 2026, the vehicle purchase tax policy will change from exemption to a 50% reduction [2] - This new policy benefits battery-swappable models, allowing customers using the BaaS battery rental scheme for NIO, Ladao, and Firefly vehicles to enjoy additional tax savings ranging from 1,770 to 9,558 yuan [2]

本文源自：金融界AI电报 蔚来汽车：2025年12月交付48,135辆汽车，同比增长54.6%。2025年第四季度交付124,807辆汽车，同比 增长71.7% ...

Core Viewpoint - NIO Inc. achieved a record high in vehicle deliveries in December 2025, with a total of 48,135 vehicles delivered, marking a year-on-year increase of 54.6% [1] Group 1: December Deliveries - NIO brand delivered 31,897 vehicles in December 2025, also a record high, with a year-on-year increase of 54.8% and continuous growth for five consecutive months [1] - The Ladao brand delivered 9,154 vehicles in December 2025 [1] - The Firefly brand delivered 7,084 vehicles in December 2025, a record high with a month-on-month increase of 16.4%, also showing continuous growth for five consecutive months [1] Group 2: Annual Deliveries - In 2025, NIO Inc. delivered a total of 326,028 vehicles, setting a new historical record with a year-on-year increase of 46.9% [1] - The NIO brand accounted for 178,806 vehicles delivered in 2025 [1] - The Ladao brand delivered 107,808 vehicles in 2025 [1] - The Firefly brand delivered 39,414 vehicles in 2025 [1]

Core Viewpoint - NIO Inc. achieved record-high monthly and quarterly vehicle deliveries in December 2025, reflecting significant growth in the smart electric vehicle market [1][2]. Delivery Results - The company delivered 48,135 vehicles in December 2025, marking a 54.6% increase year-over-year [2][6]. - In the fourth quarter of 2025, NIO delivered 124,807 vehicles, representing a 71.7% year-over-year increase [2][6]. - Total deliveries for the full year 2025 reached 326,028 vehicles, an increase of 46.9% year-over-year [2][6]. - Cumulative deliveries as of December 31, 2025, reached 997,592 vehicles [2][6]. Product Highlights - The NIO All-New ES8, the flagship premium SUV, surpassed 40,000 cumulative deliveries in December 2025, achieving the fastest delivery record among battery electric vehicles (BEVs) priced above RMB400,000 in China [3]. - The All-New ES8 is supported by advanced smart EV technologies and a comprehensive power network, enhancing its competitiveness in the large three-row SUV segment [3]. Company Overview - NIO Inc. is a leading player in the global smart electric vehicle market, founded in November 2014, with a mission to create a sustainable future [4]. - The company offers premium smart electric vehicles under the NIO brand, family-oriented vehicles through the ONVO brand, and small high-end electric cars under the FIREFLY brand [4].

人民财讯1月1日电，1月1日，蔚来创始人、董事长、CEO李斌在开年直播中宣布，一月份，蔚来品牌换 电体系将新增超4200块长续航电池包，其中包括1200块100kWh电池包和超3000块102kWh电池包。后 续，蔚来换电体系还将根据用户需要，持续补充长续航电池包。 ...

经济观察网1月1日，蔚来创始人、董事长、CEO李斌在开年直播中宣布，一月份，蔚来品牌换电体系将 新增超4200块长续航电池包，其中包括1200块100kWh电池包和超3000块102kWh电池包。后续，蔚来换 电体系还将根据用户需要，持续补充长续航电池包。 ...

Market Overview - The Nasdaq China Golden Dragon Index (HXC) fell by 1.13% on January 1, with notable declines in major Chinese stocks such as Alibaba, Pinduoduo, and NIO, which dropped by 0.52%, 0.39%, and 7.27% respectively [1][11] - The S&P 500 index recorded its fourth consecutive day of decline, despite achieving a yearly increase of 16.39%, marking its third consecutive year of double-digit annual growth [2][12] Stock Performance - Among the rising stocks, TSMC increased by 1.45%, while other notable gainers included ASE Technology (+0.44%) and Huazhu Hotels (+0.15%) [1][11] - Conversely, significant declines were observed in stocks such as Xpeng Motors (-4.65%), Li Auto (-1.97%), and Beike (-0.57%) [1][11] Index Performance - The Dow Jones Industrial Average decreased by 303.77 points, or 0.63%, closing at 48,063.29 points, while the Nasdaq Composite fell by 177.09 points, or 0.76%, to 23,241.99 points [12] - The Nasdaq Composite has benefited from the AI boom, with a cumulative increase of 20.36% in 2025 [3][13] - The Dow Jones has seen a 12.97% increase in 2025, lagging behind due to a lower weight of technology stocks [4][14]

NIO Inc. (NIO) shares fell 8.27 percent on Wednesday, dropping $0.45 to $5.05, with no new company-specific news reported to explain the move.The electric vehicle maker was last trading at $5.05, compared with a previous close of $5.50. The stock opened at $5.31 and traded between $4.95 and $5.32 during the session on the New York Stock Exchange.Trading volume reached about 52.85 million shares, roughly in line with its average daily volume of around 52.82 million shares. NIO has traded within a 52-week ra ...

北京时间12月31日晚，美股三大指数小幅高开后全线转跌。 多只热门中概股下跌，纳斯达克中国金龙指数目前跌幅扩大至1%。蔚小理跌幅居前，分别跌8.2%、 5.9%和4.9%，百度、网易、新东方、阿里巴巴均跌超1%。上涨方面，联掌门户大涨超25%，灿谷涨超 4%。 | 名称 | 现价 | 涨跌幅 | | --- | --- | --- | | 蔚来 | 5.047 | -8.24% | | 小鹏汽车 | 20.020 | -5.92% | | 理想汽车 | 16.425 | -4.89% | | 博美 | 3.720 | -3.38% | | 水滴公司 | 1.827 | -3.32% | | EPSIUM ENTERPRISE | 2.080 | -2.80% | | ટેટ | 1.510 | -2.49% | | 小牛电动 | 3.090 | -2.22% | | 嘉银科技 | 5.830 | -2.18% | | 小赢科技 | 5.660 | -2.07% | 反弹仅一天，贵金属再度跳水，目前跌幅有所收窄。截至23:00左右： | 道琼斯 | 纳斯达克 | 标普500 | | --- | --- | -- ...

Core Insights - The retail sales of new energy passenger vehicles reached 11.472 million units in the first 11 months, a year-on-year increase of 19.6%, surpassing traditional fuel vehicles by 1.462 million units [1] - In November, the domestic retail penetration rate of new energy vehicles surged to 59.3%, an increase of seven percentage points year-on-year [1] Sales Data Summary - In November, the retail sales of new energy vehicles included 827,000 BEVs, 378,000 PHEVs, and 116,000 EREVs, totaling 1.321 million units [2] - Compared to October, November saw a 2.1% increase in BEV sales, a 4.8% increase in PHEV sales, and a 3.6% increase in EREV sales [2] - Cumulatively, from January to November, BEV sales reached 7.096 million units, PHEV sales reached 3.292 million units, and EREV sales reached 1.084 million units, totaling 11.472 million units [2] Customer Experience Challenges - Many new energy vehicle owners report dissatisfaction with post-purchase experiences, particularly regarding after-sales service [3] - Common complaints include delays in service response, issues with vehicle systems, and inadequate support for charging infrastructure [4][6] - The gap between sales promises and actual service delivery is becoming a significant concern for consumers [3][7] After-Sales Service Issues - Customers have expressed frustration over the reliability of charging stations and the responsiveness of customer service when issues arise [4][6] - Repair experiences can be lengthy and complicated, especially in areas lacking official service centers [8][19] - The high technical complexity of electric vehicles creates challenges for maintenance and repair, leading to longer wait times for parts and service [16][19] Industry Response and Strategies - Different companies are adopting varied strategies to address after-sales service challenges [21] - NIO has focused on building a high-quality service ecosystem, including extensive battery swap networks and dedicated service centers [25] - Tesla integrates sales and service through a direct sales model, ensuring transparency and efficiency in service delivery [27] - Other companies, like Hongmeng Zhixing, leverage existing networks to enhance service offerings, creating a more customer-centric experience [30] Conclusion - The new energy vehicle market is experiencing rapid growth, but the disparity between sales and service quality poses risks to customer satisfaction and brand loyalty [31] - Companies must prioritize after-sales service as part of their long-term strategy to remain competitive in the evolving market landscape [31]