Electric vehicle maker Nio registered 3,000 vehicles between December 30 and January 5 in China, down 53% week over week.
Li Auto data showed on Tuesday that the second brand of the Shanghai-headquartered EV maker registered 2,300 vehicles in the same period taking the group’s total registrations to 5,300 units, down from 10,700 recorded between December 23 and 29.
After the typical year-end sales push by automakers, all NEV makers reported a significant decline in registrations, including Leapmotor, down 53% week-on-week, Li Auto, down 50%, Zeekr, down 43.8%, Xiaomi, down 31.3%, and XPeng, down 30.7%.
Nio reached a new monthly record in December, delivering 31,138 electric vehicles.
The figures includes 20,610 vehicles from its primary Nio brand and 10,528 from its second brand, Onvo.
In 2024, Nio’s sales increased by 38.7% to 221,970 units. Starting in April 2025, Nio’s third brand, Firefly, is planned to begin deliveries in China, with the company projecting 50,000 deliveries for the year.
As confirmed last month by Nio’s chief executive William Li, the company’s third EV manufacturing plant is planned to begin production in the third quarter.
The factory is located in Huainan, Hefei, where Nio’s two existing factories are also situated.
