NIO posts record December deliveries as CEO says 1 millionth vehicle is days away
NIO delivered a record 48,135 vehicles in December 2025, up 54.6% from a year earlier, bringing full-year deliveries to 326,028 and cumulative deliveries to 997,592. The company’s main NIO brand saw a yearly decline, but new Onvo and Firefly models drove growth. CEO William Li said NIO will soon reach its one-millionth vehicle and plans over 1,000 new battery swap stations in 2026. BYD’s December sales dropped 18.3% year-on-year.