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NIO reports November deliveries of 36,275 vehicles, a 76.3% year-over-year increase
Summary
The article reports NIO shipped 36,275 vehicles in November, up 76.3% from a year earlier, bringing cumulative deliveries to 949,457 as of November 30.
Content
The article reports that NIO announced its November delivery results on December 1. It says the company shipped 36,275 vehicles in November, a 76.3% increase versus the same month last year. Deliveries were divided among the company’s brands Firefly, Onvo, and Nio. The article also notes company projections for fourth-quarter 2025 deliveries.
Key details:
- Total November shipments: 36,275 vehicles, a 76.3% increase year over year.
- Brand breakdown reported: Firefly delivered 6,088 cars, Onvo delivered 11,794 cars, and Nio delivered 18,393 cars.
- Cumulative deliveries as of November 30 were reported as 949,457 vehicles.
- The company projected fourth-quarter 2025 deliveries between 120,000 and 125,000, an increase of about 65.1%–72.0% year over year.
- The article reports that revenue for the last quarter rose 17% year over year, while vehicle prices fell by 18% due to price competition and changes in product mix.
- It also notes that vehicle operating margin returned to the mid-teens after three years, alongside a 41% rise in vehicle volume.
Summary:
The article describes a substantial year-over-year rise in November deliveries and a large cumulative total through November 30. The company also provided a Q4 2025 delivery projection between 120,000 and 125,000; further outcomes and market reactions are undetermined at this time.
