Core Insights - NIO Inc. reported a significant increase in vehicle deliveries for March 2025 and the first quarter, indicating strong growth in the smart electric vehicle market [2][6]. Delivery Results - The company delivered 15,039 vehicles in March 2025, marking a year-over-year increase of 26.7% [2][6]. - For the first quarter of 2025, NIO delivered a total of 42,094 vehicles, which represents a 40.1% increase year-over-year [2][6]. - Cumulative deliveries reached 713,658 vehicles as of March 31, 2025 [2][6]. Product Launch - NIO commenced deliveries of the NIO ET9, its smart electric executive flagship, in late March 2025, which showcases the company's advanced technologies and aims to set a new standard in the executive vehicle segment [3]. Company Overview - NIO Inc. is recognized as a pioneer 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 the ONVO brand, and high-end electric cars with the FIREFLY brand [4].
NIO Inc. Provides March and First Quarter 2025 Delivery Update