Deutsche Bank raised its sales forecast for Nio from 330,000 to 450,000 units in 2025
Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance and expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000 Deutsche Bank raised its sales forecast for Nio Inc in 2025, after the Chinese electric vehicle (EV) maker's earnings call provided increased visibility. “We now expect NIO brand to sell 223k units in 2025 (up 10% YoY), and ONVO brand to sell 219k units in 2025 (vs. ~20k units in 2024), along with 8k units from Firefly brand,” analyst Wang Bin's team said in a research note today. The team used the same 450,000 full-year 2025 sales assumption as Nio's guidance. Nio yesterday guided for fourth-quarter vehicle deliveries to be in the range of 72,000 to 75,000 units and said it was confident of doubling sales in 2025. That means the company now expects deliveries to be in the range of 221,000 to 224,000 units in 2024 and about 450,000 in 2025 . ...