NIO Inc. Provides December, Fourth Quarter and Full Year 2024 Delivery Update

Delivery Performance - The company achieved a record-high monthly delivery of 31,138 vehicles in December 2024, representing a 72.9% increase year-over-year [1][2] - In the fourth quarter of 2024, the company delivered 72,689 vehicles, marking a 45.2% year-over-year increase [2] - Total vehicle deliveries for the full year 2024 reached 221,970, reflecting a 38.7% increase year-over-year [1][2] - Cumulative deliveries as of December 31, 2024, reached 671,564 vehicles [1][2] Product Launches - The NIO ET9, a smart electric executive flagship vehicle, was officially launched at NIO Day 2024, with deliveries expected to commence in March 2025 [3] - The firefly brand, a small, smart, high-end electric car brand, was also launched, with the official model launch expected in April 2025 [4] Company Overview - NIO Inc. is a pioneer in the global smart electric vehicle market, founded in November 2014, with a mission of "Blue Sky Coming" [5] - 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 [5]