Nio boosts EV deliveries by 38.7% YoY in 2024

Its cumulative deliveries reached 671,564 in 2024.

SGX-listed Chinese EV manufacturer Nio Inc. delivered 221,970 vehicles, reflecting an increase of 38.7% year-on-year (YoY).

This brings the company’s cumulative deliveries to 671,564 as of 31 December 2024.

For 4Q 2024, the company delivered 72,689 vehicles, reflecting a 45.2% YoY increase. Of these, 42%, or 31,138 vehicles were delivered in December, an increase of 72.9% YoY.

The deliveries in December 2024 consisted of 20,610 vehicles from its premium smart electric vehicle brand NIO, and 10,528 vehicles from its family-oriented smart electric vehicle brand ONVO.

Follow the link for more news on

electric vehicle

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia