Nio Global Sales : 2024-25

The company started selling its first road car in 2018, having made a handful of track sports cars beforehand. 

It was soon struggling financially but with the help of funding, it survived through that difficult period. It's known for battery swap stations which overcomes wait times for recharging.

Nio is a premium electric car marque in the mould of Tesla. During 2024 it added a mainstream electric brand ONVO which stands for On Voyage. Now the Firefly sub brand has arrived to challenge the Smart brand and even MINI although I'm not sure it is quite at that level.

In 2023, the Nio company sold 160,000 cars and 222,000 a year later. In 2025, 326,000 Nio, ONVO and Firefly cars were delivered, up 47%. Q4 climbed 72%. 

In the chart below we can see Nio remains the best selling brand with 179,000 units, ONVO 108,000 and Firefly 39,000. ONVO has experienced headwinds and hasn't been as well received as hoped. The company is still confident things will improve as it addresses problems the brand has faced.  

Data & photo source: Nio.

The top photo is of the Nio ES8 SUV, the middle snap is of the Firefly and the picture below is the ONVO L60 coupe SUV which is the only current model for the latter. The full sized ONVO L90 SUV is however coming. 

Leapmotor Global Sales : 2019-25

Zhejiang Leapmotor started delivering its first electric car (BEV) in mid 2019. This progressed steadily with sales confined to China. However, things are starting to accelerate in China. Also in late 2023, the Stellantis car company bought a share of Leapmotor and will assist in the expansion of the brand globally. That is starting to happen now.

To the right is a chart of deliveries initially by years, but then by both quarters and years. Virtually all of what is there reflects domestic deliveries but that is now changing rapidly. 

The first model was the S01, a reasonably stylish coupe. Numbers were limited and it was soon discontinued. 

The following year the T03 became the next model, a tiny electric city car. It was also manufactured in a Stellantis plant in Poland from mid 2024 but that ceased in early 2025. I would imagine the volume was limited. 

The C11 medium sized crossover was released in 2021 as either a BEV or with a range extender engine (EREV) and in 2022 the BEV C1 executive saloon car was released.

Late 2023 arrived with the C10 midsized wagonlike EREV crossover and in early 2024 a large version of the former named the C16. In early 2025 a compact BEV (B10 - picture below) was introduced. 

In late 2025 came the Lafa 5 was introduced which will likely be sold as the B05 outside of China. This flurry of models is going to keep driving deliveries upward. The tie up with Stellantis will be an important part of the export drive. 

The 103% increase in 2025 is impressive, mirroring the growth of a year earlier. Apparently, it now has a goal of 1 million deliveries for 2026. 

Data & photo source: Leapmotor. 

Tesla Deliveries & Production Figures : 2023-25

As the chart below shows, Tesla deliveries were 636,000 in 2025, down 9%. Q4 showed the largest fall at -16%. Production was slightly higher and Q4 was down only 5%. 

BYD has well and truly passed Tesla with the number of deliveries for electric cars (BEVs). It didn't surprise and I'm not sure how important that is. What is significant is the fall in net profit that seemingly has happened. Competition and withdrawn subsidies, along with other factors, are and will impact the bottom line. 

Data source: Tesla. The 2023/24 article can be seen by clicking here.