In October, NIO Inc. reported delivering 20,976 vehicles, marking its sixth straight month of surpassing 20,000 monthly deliveries.
Over the first 10 months of 2024, NIO’s total deliveries reached 170,257, a 35.05% increase compared to the same period in 2023.
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The core NIO brand accounted for 16,657 vehicles delivered in October, achieving strong market share and solid operational performance. Year-to-date, the NIO brand has delivered 165,106 vehicles, a 30.97% year-over-year increase.
Meanwhile, the newly launched ONVO brand, in its first full delivery month, reached 4,319 vehicles in October, totaling 5,151 units to date.
ONVO is also expanding its presence across China, with 166 stores in 60 cities and 245 authorized service centers across 160 cities as of October 31, indicating robust progress in its manufacturing, delivery, and infrastructure growth.
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