• NIO delivered 13,192 vehicles in February 2025, marking a 62.2% increase compared to the same period last year.
  • In the first two months of 2025, the company has delivered a total of 27,055 vehicles, a 48.8% rise year-over-year.
  • As of February 28, 2025, NIO’s cumulative deliveries have reached 698,619 vehicles.  

SHANGHAI, China, March 01, 2025 — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a leading player in the global smart electric vehicle (EV) market, today announced its vehicle delivery figures for February 2025.

The company’s February deliveries consisted of 9,143 vehicles under its premium smart EV brand, NIO, and 4,049 vehicles from ONVO, its brand focused on family-oriented smart EVs. The total cumulative deliveries for NIO reached 698,619 vehicles by the end of February 2025.

During the Chinese New Year travel rush, NIO’s nationwide power network provided consistent and convenient services. From January 22 to February 5, 2025, over 1.7 million battery swaps were completed, with the busiest station performing up to 180 swaps daily. Over 80% of users’ highway energy replenishment was achieved through battery swapping. Additionally, over 21,000 flexible battery upgrades were provided, further improving the long-distance travel experience.

About NIO Inc.
NIO Inc., established in November 2014, is a pioneering company in the global smart electric vehicle market. With a mission of “Blue Sky Coming”, NIO aims to create a sustainable future. The company envisions itself as a user-centric enterprise, combining innovative technology with exceptional experiences. NIO designs, develops, manufactures, and sells smart electric vehicles, driving advancements in core technologies. NIO distinguishes itself through continuous technological breakthroughs, exceptional products and services, and a community for shared growth. The company offers premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles through the ONVO brand, and small, smart, high-end electric cars with the FIREFLY brand.

Safe Harbor Statement
This press release includes “forward-looking” statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. These statements are identifiable by words like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. NIO may also make such statements in SEC filings, annual reports, announcements on the websites of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), press releases, and other written or oral communications. These statements, regarding NIO’s beliefs, plans, and expectations, are not historical facts and involve risks and uncertainties. Several factors could cause actual results to differ materially, including: NIO’s strategies; future business development, financial condition, and results of operations; its ability to develop and manufacture high-quality, appealing vehicles on schedule and at scale; its ability to ensure and expand manufacturing capacity, including partnerships; its ability to provide comprehensive power solutions; the viability and prospects of battery swapping, BaaS, and NIO Assisted and Intelligent Driving; its ability to improve or develop alternative technologies; its ability to meet safety standards; its ability to secure raw materials; its ability to secure reservations and sales; its ability to control costs; its ability to build its brands; and general economic and business conditions in China and globally. Further information about these risks is available in NIO’s filings with the SEC and on the websites of the SEHK and SGX-ST. All information is current as of the date of this press release, and NIO undertakes no obligation to update any forward-looking statement unless required by law.

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