Summary by Futu AI
NIO Inc., a leader in the premium smart electric vehicle market, has reported a significant increase in vehicle deliveries for December, the fourth quarter, and the full year of 2023. In December alone, NIO delivered 18,012 vehicles, marking a 13.9% increase compared to the previous year. The fourth quarter saw 50,045 vehicles delivered, a 25.0% year-over-year increase. Throughout 2023, NIO's total deliveries reached 160,038 vehicles, up by 30.7% from the previous year. Cumulatively, as of December 31, 2023, NIO has delivered 449,594 vehicles. At NIO Day 2023, the company unveiled the ET9, a smart electric executive flagship vehicle, which showcases NIO's latest technological advancements. The ET9 is expected to begin deliveries in the first quarter of 2025. NIO's product line includes a range of smart electric SUVs and sedans, all part of the company's mission to create a joyful lifestyle and build a community around smart electric vehicles.