NIO has unveiled its financial report for the fourth quarter of 2024, showcasing an annual revenue of 65.7316 billion yuan, marking a robust 18.2% year-over-year growth. The company delivered 221,970 vehicles throughout the year, representing a significant 38.7% increase, and successfully elevated its gross profit margin to 12.3%. Moving forward, the Ledao brand intends to introduce two new models, while the core NIO brand will introduce a premium, high-margin variant. Notably, the pure electric compact car, "Firefly," will remain a single model offering. Subsequent NIO models will incorporate the Shenji chip, whereas Ledao models will temporarily utilize the Orin chip. Li Bin, expressing confidence in the company's financial trajectory, stated that costs have been significantly optimized since the second quarter, positioning the company well to achieve profitability in the fourth quarter.