Tuesday, 8 Jul 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo
  • News
  • Brand
    • BYD
    • Nio
    • Xpeng
    • Zeekr
    • Leapmotor
    • Xiaomi
    • Lynk & Co
    • DENZA
    • Wuling
    • GWM
    • ONVO
  • Electric Vehicle
  • Technology
  • Car Reviews
  • Design
  • Manufacturing
  • Tips & Advice
  • 🔥
  • China
  • Review
  • BYD
  • Tesla
  • electric
  • Specs
  • cars
  • car
  • Nio
  • price
Font ResizerAa
Ride RadarRide Radar
Search
  • News
  • Brand
    • BYD
    • Nio
    • Xpeng
    • Zeekr
    • Leapmotor
    • Xiaomi
    • Lynk & Co
    • DENZA
    • Wuling
    • GWM
    • ONVO
  • Electric Vehicle
  • Technology
  • Car Reviews
  • Design
  • Manufacturing
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2024 rideradar.online – All Rights Reserved.
Ride Radar > Blog > News > Nio > Nio posts fewer deliveries as main brand slips while Onvo grows slowly
Nio

Nio posts fewer deliveries as main brand slips while Onvo grows slowly

Last updated: December 1, 2024 12:40 am
Share
SHARE

Nio Inc, a prominent Chinese electric vehicle (EV) maker, experienced a slight decline in deliveries in November. The company delivered a total of 20,575 vehicles last month, marking a 1.91 percent decrease from October’s figures. However, compared to the same period last year, this represented a 28.92 percent increase.

The Nio main brand delivered 15,493 vehicles in November, showing a decline of 6.99 percent from October. Despite this decrease, the brand has maintained a consistent performance above the 20,000 mark for the seventh consecutive month. On the other hand, the Onvo sub-brand delivered 5,082 vehicles, demonstrating a significant 17.67 percent increase from the previous month.

In the first eleven months of the year, Nio Inc delivered a total of 190,832 vehicles, reflecting a solid 34.36 percent growth compared to the same period in the previous year. The Nio main brand contributed significantly to this growth by delivering 180,599 vehicles during this period. Meanwhile, Onvo has delivered a cumulative total of 10,233 vehicles thus far.

Since its inception, Nio Inc has delivered a total of 640,426 vehicles, with 630,193 vehicles falling under the Nio main brand. The company has set ambitious goals for the fourth quarter, aiming to deliver between 72,000 and 75,000 vehicles. This target represents a substantial year-on-year growth of approximately 43.9 percent to 49.9 percent.

The introduction of the Onvo L60 model has been a significant development for the company. Launched in September, the L60 has shown promising performance, with deliveries steadily increasing each month. The production capacity for the L60 is expected to reach 10,000 units in December, with further plans to increase production to 16,000 units by January 2025.

See also  China EV insurance registrations by brand for week ending Jan 5: Nio 3,000, Onvo 2,300, Tesla 5,500, BYD 36,500

Nio Inc is gearing up for its annual event, Nio Day 2024, scheduled for December 21. During this event, the company will officially unveil its third brand, Firefly. The first model under the Firefly sub-brand is set to begin deliveries in the first half of 2025.

Overall, Nio Inc continues to make strides in the EV market, with a strong focus on innovation and expansion. The company’s performance in November, despite a slight decline in deliveries, highlights its commitment to growth and development in the electric vehicle industry.

TAGGED:brandDeliveriesgrowsmainNioONVOpostsslipsslowly
Share This Article
Twitter Email Copy Link Print
Previous Article QIJI Energy, Yantian International Container Terminal launch in-port all-in-one heavy-duty truck chassis battery swapping station
Next Article BYD and SAIC pressure suppliers to drop prices by 10% in ongoing price war
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

Popular Posts

Range Rover Electric: fresh pictures ahead of SUV’s arrive later this year

Introducing the Range Rover Electric: A Closer Look at the Prototype Unveiled in the Arctic…

By Ride Radar

Porsche reveals road-legal version of 963 Le Mans racer

Porsche Unveils Road-Legal 963 RSP Supercar With a keen eye for detail and a commitment…

By Ride Radar

Listed: the UK’s cheapest cars

The New MG 3: Affordable and Efficient Price: £16,495 When the second-generation MG 3 supermini…

By Ride Radar

Geely delivers 1,500 methanol-powered ride-hailing vehicles to Harbin Traffic Group

Geely Delivers 1,500 Methanol-Powered Ride-Hailing Vehicles to Harbin Traffic Group Geely Holding Group recently held…

By Ride Radar

Geely’s Zeekr brand adds 7X SUV model in Europe

Geely’s Zeekr brand has introduced its latest offering in the form of the Zeekr 7X,…

By Ride Radar

Huawei’s top 10 construction principles for intelligent computing centre facilities

How Huawei is addressing data centre challenges Huawei’s FusionPower9000 is a solution designed to address…

By Ride Radar

You Might Also Like

Nio

China EV insurance registrations for week ending Jul 6: Nio 2,500, Tesla 5,010, Xiaomi 4,890

July 7, 2025
BYD

BYD deliveries in Thailand hit 90,000 units as local factory marks 1 year of operation

July 7, 2025
Nio

Nio’s JV with JAC being terminated as it now makes cars independently

July 7, 2025
Xpeng

Xpeng begins deliveries of G7 SUV powered by its in-house Turing chip

July 7, 2025
logo
Facebook Twitter Youtube

About US

Stay updated on the latest Chinese car models, market trends, and automotive industry news. Get expert insights and real-time updates on China’s evolving auto market.

Top Categories
  • News
  • Car Reviews
  • Electric Vehicle
  • Technology
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 rideradar.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?