The latest update from Nio reveals that the company delivered 20,976 vehicles in October, maintaining a steady pace compared to the previous month. This brings the total number of vehicles delivered in the first ten months of 2024 to 170,257, marking a 35.05% increase year-on-year.
Out of the total deliveries, 16,657 vehicles were from Nio’s premium smart electric vehicle brand, while 4,319 vehicles were from the family-oriented smart electric vehicle brand, Onvo. The cumulative deliveries for Nio now stand at 619,851 as of the end of October 2024.
Nio continues to make strides in the electric vehicle market, with a 30.5% year-over-year increase in deliveries for October 2024. The company is also ramping up production and delivery of the ONVO L60 model. As of October 31, 2024, ONVO has 166 ONVO Centers and ONVO Spaces operating in 60 cities, providing users with access to 584 Nio Power Swap Stations across China.
Moving forward, ONVO is focused on expanding its sales, service, and power networks to accommodate a growing user base and drive long-term growth. With a strong foothold in the market and a commitment to innovation, Nio is poised to make a significant impact in the global smart electric vehicle industry.
Stay tuned for more updates on Nio’s performance and latest developments in the electric vehicle sector. Refresh this page later for additional content as it becomes available.