Abu Dhabi, United Arab Emirates, 2nd January 2025: In December 2024, NIO Inc. delivered 31,138 vehicles in December 2024. Single-month deliveries exceed 30,000 units for the first time, marking an increase of 72.9% year-over-year. The deliveries consisted of 20,610 vehicles from the premium smart EV brand NIO, and 10,528 vehicles from the family-oriented smart EV brand ONVO. For the full year of 2024, NIO Inc. delivered 221,970 vehicles, marking an increase of 38.7% year-over-year. NIO brand delivered 201,209 new vehicles, a 25.7% increase year-over-year, while ONVO delivered 20,761 new vehicles. Cumulative deliveries reached 671,564 as of December 31, 2024.
As the first model of NIO’s sub-brand ONVO, the L60 has been widely welcomed by users, achieving over 10,000 units delivered in its third month since deliveries began on September 28. Within 100 days of launch, the cumulative delivery volume has exceeded 20,000 units, leading the industry in delivery speed. From September 1 to the present, the number of ONVO stores has reached 300, covering 82 cities. A total of 317 ONVO authorized service centers have opened, covering 172 cities in China. As of December 31, 2024, over 1,000 NIO Power Swap Stations are compatible with ONVO L60, with further acceleration in station construction expected.
In 2025, NIO’s achievements in R&D exceeding 53 billion RMB will further manifest, and the construction of charging and battery swap infrastructure will further accelerate, leading to an increasingly better user experience.
More information can be accessed through the following link: NIO Inc. Provides December, Fourth Quarter and Full Year 2024 Delivery Update
About NIO MENA
NIO MENA is the Middle East and North Africa subsidiary of NIO, a pioneer and global leader in premium smart electric vehicles. NIO MENA was established in partnership with CYVN Holdings, a specialist investment vehicle based in Abu Dhabi, focused on smart and advanced mobility solutions. Together, NIO and CYVN are driving technological innovation, expanding NIO’s market presence, and advancing the global transition toward sustainable mobility.
NIO MENA has been established in the UAE since October 2024, with its regional headquarters in Abu Dhabi. The company plans to expand its footprint across the region, bringing cutting-edge electric vehicle technology and premium services to MENA in the coming years.
Founded in November 2014, NIO is listed on stock exchanges in the United States, Hong Kong, and Singapore. NIO provides 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. With a focus on developing core technologies, the brand has amassed over 9,100+ patents by June 2024 and created the NIO Full Stack, encompassing 12 technology domains.
NIO has R&D and manufacturing facilities in Shanghai, Hefei, Beijing, Nanjing, Shenzhen, Hangzhou, Wuhan, San Jose, Munich, Oxford, Berlin, Budapest, and Singapore. The company has also established sales and service networks in China, Norway, Germany, the Netherlands, Sweden, and Denmark.
