Overview
- 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.