NIO (NIO.N) CEO William Li: In the fourth quarter of 2025, the company delivered a total of 124,807 smart electric vehicles, representing a year-on-year increase of 71.7%. Quarterly deliveries across its three major brands—NIO, ONVO, and FIREFLY—all reached record highs. For the full year of 2025, the three brands delivered a total of 326,028 vehicles, a year-on-year increase of 46.9%, demonstrating a strong momentum of accelerated growth.