Nio Sees Impressive 13% Year-on-Year Growth, Delivering 23,231 Cars in May!

Nio Inc, a leading player in the electric vehicle (EV) market, reported its delivery stats for May. The company delivered a total of 23,231 vehicles, marking a 13.08% increase from May last year, although it dropped 2.80% from April. This rise is significant, considering the strong performance of Nio’s sub-brands, Onvo and Firefly.

In May, the main Nio brand delivered 13,270 cars, which represents a year-on-year decline of 35.41%. However, Onvo flourished with 6,281 deliveries in May, indicating a 42.75% jump from April. Firefly made its debut with 3,680 vehicles, marking its first full month of sales.

Looking at the first five months of 2025, Nio’s total deliveries increased by 34.75% year-on-year, hitting 89,225 vehicles. While deliveries from the main brand fell by 9.61% to 59,852, Onvo contributed with 25,462 vehicles, and Firefly had a cumulative total of 3,911.

As of May’s end, Nio’s total deliveries reached 760,789, which includes 710,655 from its main brand. This suggests the company is making strides, but its main brand struggles to recapture sales momentum.

A notable factor affecting sales may be the recent updates to key models. In May, Nio rolled out refreshed versions of several popular vehicles, including the ES6 and ET5, both featuring significant upgrades. Deliveries for these refreshed models began shortly after their launch, so any initial hiccups in sales might be attributed to this transition period.

Historically, Nio’s top models continue to dominate. The ES6 alone accounted for 33.98% of Nio’s total deliveries last year. This strong demand speaks volumes about consumer preference and the brand’s growing reputation. With nine models currently on the market, including the new ES7 and ET7, Nio’s lineup remains diverse and competitive.

In addition to these updates, Nio plans to introduce a flagship SUV, the ES9, in the first half of 2026. This strategy aligns with ongoing trends in the EV sector where manufacturers invest in tech upgrades and new models to maintain market influence.

For a snapshot of how the electric vehicle landscape is shifting, recent statistics show that global EV sales are expected to increase by 70% this year alone. This trend highlights the fierce competition amongst automakers striving for a larger market share.

In short, while Nio faces challenges with its main brand’s performance, the growth from its sub-brands and the upcoming launches could help reinvigorate its sales momentum in the competitive EV market. For more detailed insights on the electric vehicle sector, you can check out the latest market analysis by the International Energy Agency here.

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Deliveries,EV Data,Firefly,Monthly Data,Nio,Onvo