Nio Projects Doubling Sales in 2025 with New Brand Launch

Nio anticipates significant growth with the introduction of its Firefly brand and expansion of existing models.

Nio forecasts delivering over 442,000 units in 2025, doubling its 2024 sales figures.
The new Firefly brand will debut its first model at Nio's annual event in December, with deliveries starting next year.
Nio's Q3 deliveries rose by 11.6% year-over-year, though revenue fell short of analyst expectations.
The company plans to expand its market presence to 25 countries by the end of 2025, leveraging its low-cost Onvo brand.
Nio's flagship sedan, the ET9, is set to begin deliveries in March 2025, reinforcing its premium market position.