NIO has unveiled its financial report for the fourth quarter and full year of 2024, revealing a net loss of RMB 7.112 billion in the final quarter. Notably, vehicle deliveries surged year-over-year, totaling 72,689 units in Q4, with full-year deliveries reaching 221,970 units, up 38.7% from the previous year. Looking ahead to Q1 2025, NIO anticipates delivering between 41,000 and 43,000 units, indicating a year-on-year increase ranging from 36.4% to 43.1%. Revenue projections for the quarter stand at RMB 12.367 billion to RMB 12.859 billion, marking a growth of approximately 24.8% to 29.8% from the same period last year. As of press time, NIO's share price dropped by over 5% in pre-market trading on US markets.
