Nio Inc delivered a record 72,689 vehicles in the fourth quarter, within its guidance range of 72,000 to 75,000 vehicles.
Nio (NYSE: NIO) announced today that it will report unaudited financial results for the fourth quarter and full year 2024 on Friday, March 21, before the US markets open.
The company's management will host an earnings call on March 21 at 8:00 am US Eastern time, or 8:00 pm Beijing time on the same day.
In the fourth quarter, Nio Inc delivered a record 72,689 vehicles, within the guidance range of 72,000 to 75,000.
Deliveries for the quarter were up 45.25 percent from 50,045 in the same quarter last year and up 17.52 percent from 61,855 in the third quarter.
The Nio main brand delivered 52,760 vehicles in the fourth quarter, up 5.43 percent from 50,045 in the same quarter last year, but down 13.54 percent from 61,023 in the third quarter.
The Onvo sub-brand delivered 19,929 vehicles in the fourth quarter, up from 832 in the third quarter.
For the full year 2024, Nio Inc delivered 221,970 vehicles, up 38.70 percent from 2023.
Nio previously guided fourth-quarter revenue to be in the range of RMB 19.68 billion to RMB 20.38 billion, representing year-on-year growth of about 15.0 percent to 19.2 percent.
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