- Nio Inc delivered 42,094 vehicles in the first quarter, within its guidance range of 41,000 to 43,000 vehicles.
- It had previously guided first-quarter revenue to be between RMB 12.37 billion and RMB 12.86 billion.
Nio (NYSE: NIO) announced today that it will report unaudited financial results for the first quarter of 2025 on Tuesday, June 3, before the opening of the US stock market.
The company's management will host an earnings conference call on June 3 at 8:00 am US Eastern time, or 8:00 pm Beijing time.
Nio Inc delivered 42,094 vehicles in the first quarter, within the guidance range of 41,000 to 43,000 vehicles, according to previously announced figures.
Deliveries for the quarter were up 40.07 percent from 30,053 vehicles in the same quarter last year, but down 42.09 percent from 72,689 in the fourth quarter of 2024.
The Nio main brand delivered 27,313 vehicles in the first quarter, a decrease of 9.12 percent from 30,053 in the same period last year and a decrease of 48.23 percent from the fourth quarter.
Onvo delivered 14,781 vehicles in the first quarter, down 25.83 percent from 19,929 in the fourth quarter.
It previously guided first-quarter revenue to be in the range of RMB 12.37 billion to RMB 12.86 billion, representing year-on-year growth of about 24.8 percent to 29.8 percent.
Nio Inc delivered 23,900 vehicles in April, bringing January-April deliveries to 65,994 vehicles, up 44.49 percent year-on-year.
The company launched the updated ES6 SUV (sport utility vehicle) and EC6 coupe SUV on May 16, with unchanged pricing but bringing a host of feature upgrades.
Nio will also launch updated versions of ET5, ET5 Touring on May 25 -- they have already started accepting pre-oders on May 10.
