In December 2025, Nio Inc., which trades on the NYSE under the ticker NIO, announced a record-setting delivery figure of 48,135 electric vehicles, marking a year-over-year increase of 54.6%. This monthly achievement was driven by sales across the company's three vehicle brands: 31,897 units under the main NIO brand, 9,154 vehicles from its ONVO sub-brand, and 7,084 units of FIREFLY models.
Notably, the All-New NIO ES8, a flagship premium SUV model, surpassed a cumulative total of 40,000 deliveries during December, highlighting significant consumer demand. This milestone was complemented by the SUV's achievement of the fastest delivery speed among battery electric vehicles costing over 400,000 yuan within the Chinese market.
On a quarterly basis, Nio set a new high-water mark with 124,807 delivered vehicles in the fourth quarter of 2025, representing a 71.7% increase compared to the same quarter in the prior year. For the entire 2025 calendar year, Nio delivered 326,028 vehicles, realizing a 46.9% increase relative to the year before. These deliveries bring the company's cumulative total to 997,592 vehicles as of December 31, 2025.
Within the competitive landscape, other Chinese electric vehicle manufacturers also reported strong performance for December 2025. Li Auto Inc. (NASDAQ: LI) recorded deliveries of 44,246 vehicles in the month, with its cumulative deliveries surpassing 1.5 million units as of that same month. Concurrently, XPeng Inc. (NYSE: XPEV) reported December deliveries of 37,508 vehicles, up 2% year-over-year. XPeng’s total deliveries for the full year reached 429,445 units, reflecting an impressive 126% year-over-year growth, complemented by 45,008 units delivered overseas—a 96% increase compared to the previous year.
Financially, Nio's third-quarter 2025 earnings, released in November, showed revenue of 21.79 billion yuan (approximately $3.06 billion), an increase of 16.7% year-over-year and 14.7% sequentially. However, this revenue figure fell short of analyst expectations pegged at $3.26 billion. On the profitability front, excluding exceptional items, the company posted an adjusted loss of 1.14 yuan (or 15 US cents) per American Depositary Share (ADS). This loss narrowed from a 2.14 yuan per ADS loss recorded a year prior and exceeded analyst expectations which anticipated a 24 cent loss per ADS.
Market reaction to these results included a positive response in premarket trading, where Nio shares rose by 5.49% to $5.38 as of early Friday session, according to data aggregated by Benzinga Pro.
Overall, Nio's delivery performance throughout December and the wider 2025 period solidifies its standing as a key player in China's electric vehicle sector, maintaining pressure on Tesla and other domestic competitors. Its ability to accelerate delivery speeds for higher-end models and broaden its brand portfolio contributes materially to this momentum.