Nio

In November, 27,121 Nio users used the battery swap service for the first time.

Nio expects the Onvo sub-brand to sell around 240,000 units for the full year in 2025, with the Firefly sub-brand selling around 5,000 units per month, according to local media.

Delivery wait times for the ET7, EC7, and ES8 have changed from 2-3 weeks to 3-4 weeks, the first time in the past five months that the Nio brand has seen such a change.

Li Auto had 11,900 insurance registrations last week, Xpeng 9,400, Zeekr 6,200, Leapmotor 9,200 and Aito 7,700.

Nio is offering longer NOP+ free access to new car buyers and better benefits for those opting for the BaaS program.

Nio delivered 20,575 vehicles in November, up 28.92 percent year-on-year but down 1.91 percent from October.

Chinese customers ordering the Onvo L60 now have an estimated delivery wait time of 8-10 weeks, down from 10-14 weeks previously.

Nio has already begun deliveries of the ES8 in the UAE, while local deliveries of the EC6 and ET5 will begin in the first quarter of 2025.

The spy shots of Nio Firefly's debut model over the past few months have largely been about the front and rear, and now a new high-definition spy shot shows its side for the first time.

Deutsche Bank expects the Nio brand to deliver 17,000 units in November and the Onvo sub-brand 5,000 units.