智通财经网·2026-01-01 11:17Core Insights - NIO-SW (09866) achieved a record monthly delivery of 48,100 vehicles in December 2025, representing a year-on-year increase of 54.6% [1] - The total vehicle deliveries for the fourth quarter of 2025 reached 124,800 units, marking a quarterly increase of 71.7% [1] - For the entire year of 2025, the company delivered 326,000 vehicles, which is a year-on-year growth of 46.9% [1] - As of December 31, 2025, the cumulative vehicle delivery reached 997,600 units [1] Delivery Breakdown - In December 2025, the NIO brand delivered 31,900 high-end smart electric vehicles, while the Ladao brand delivered 9,154 family smart electric vehicles, and the Firefly brand delivered 7,084 high-end smart electric cars [1] - The new ES8 SUV, a flagship model, surpassed 40,000 cumulative deliveries in December 2025, setting a record for the fastest delivery of pure electric vehicles priced above 400,000 RMB in China [1] Competitive Positioning - The new ES8 solidified its leading position in the large three-row SUV segment, showcasing exceptional product competitiveness and broad user recognition, supported by industry-leading smart electric vehicle technology and a comprehensive energy replenishment network [1]