Ju Chao Zi Xun·2025-12-01 10:42Core Insights - NIO Inc. reported a strong delivery performance in November 2025, with a total of 36,275 vehicles delivered, representing a year-on-year growth of 76.3% [2] - Cumulative deliveries reached 949,457 units, nearing the milestone of one million deliveries [2] Brand Performance - NIO brand delivered 18,393 vehicles, marking four consecutive months of growth [2] - The Ladao brand saw a significant increase with 11,794 units delivered, reflecting a year-on-year growth of 132.1% [2] - Firefly brand delivered 6,088 vehicles, achieving a historical high for four consecutive months [2] - Cumulative deliveries for NIO brand reached 797,712 units, Ladao brand at 119,415 units, and Firefly brand at 32,330 units, showcasing effective brand positioning [2] Model Highlights - The new ES8 model achieved a record of 20,000 units delivered within 70 days since its launch on September 21, setting a record for electric vehicles priced above 400,000 yuan [4] - The ES6 model reached a milestone of 300,000 units delivered, becoming the first model in the over 300,000 yuan electric vehicle market to achieve this [4] - Ladao brand's flagship model, Ladao L90, has delivered 39,319 units in four months, maintaining a stable average transaction price of 260,000 yuan [4] - The Ladao L90 Black Knight special edition has been launched, with a purchase price of 306,800 yuan, and a battery rental option bringing the price down to 220,800 yuan [4] Expansion and Market Strategy - Firefly brand continues to lead in the high-end small car market, achieving a delivery milestone of 30,000 units [5] - The brand is expanding its presence internationally, having entered markets in the Netherlands, Norway, and Belgium, with plans to expand to 17 countries including the US and Southeast Asia [5]