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NIO’s momentum from an incredible 2024 carried ahead into January, offering the corporate with 13,863 automobile deliveries, a 37.9% improve over January 2024.
Notably, a big portion of those gross sales got here from NIO’s new model, ONVO. ONVO is a extra “family-oriented” good EV model. 7,951 of the corporate’s deliveries, 57% of them, have been from the NIO model, whereas 5,912 deliveries, 43% of them, have been from the brand new ONVO model.
NIO didn’t have rather more to say this month. Most firms would like to see 38% progress yr over yr, however is 38% progress ok on the again of launching a brand new family-oriented model? NIO model gross sales have been down yr over yr from the ten,055 deliveries of January 2024. Nonetheless, although, come on — 38% progress is a pleasant determine to share.
NIO goals to succeed in profitability by subsequent yr. Let’s see how a lot the corporate is ready to develop with each the NIO and ONVO model in 2025. 13,863 gross sales extrapolated out 12 months would equal 166,356 annual gross sales. I think about NIO is aiming for one thing higher than that.
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