Nio Global Sales : 2025 (Q1)

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 that. 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. Soon will follow the Firefly sub brand to challenge smart and even MINI. 

In 2023, it sold 160,000 cars and 222,000 a year later. In the first quarter of 2025, 42,000 Nio and ONVO cars were delivered, up 40% for the quarterly comparison.  

Data & photo source: Nio.

Splitting the two marques numerically, in 2024 73,000 Nio and 21,000 ONVOs were delivered. Looking at 2025, the chart to the left shows monthly deliveries for both.

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.  

The top photo is of the Nio ES8 SUV and the one 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.