Globenewswireยท2025-03-01 07:00Core Viewpoint - NIO Inc. reported strong delivery results for February 2025, indicating significant growth in the smart electric vehicle market, with a year-over-year increase in deliveries. Delivery Performance - The company delivered 13,192 vehicles in February 2025, representing an increase of 62.2% year-over-year [2][6] - Year-to-date deliveries reached 27,055 vehicles, marking a 48.8% increase compared to the same period last year [6] - Cumulative deliveries as of February 28, 2025, totaled 698,619 vehicles [2][6] Brand Performance - Deliveries included 9,143 vehicles from the premium smart electric vehicle brand NIO and 4,049 vehicles from the family-oriented brand ONVO [2] Service Efficiency - During the peak travel period around the Chinese New Year, NIO's power network facilitated over 1.7 million battery swaps from January 22 to February 5, 2025 [3] - The busiest station managed up to 180 swaps per day, with over 80% of energy replenishment on highways achieved through power swaps [3] - The company provided over 21,000 flexible battery upgrades to enhance long-distance travel experiences [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 focuses on innovative technology and user experience, offering premium smart electric vehicles under the NIO brand, family-oriented vehicles through ONVO, and small high-end electric cars with the FIREFLY brand [4]