NIO Announces 174% Increase in Vehicle Deliveries in October – NIO…

NIO Announces 174% Increase in Vehicle Deliveries in October – NIO…

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  • Manufacturer of intelligent electric vehicles NIO Inc NEVER delivered 10,059 vehicles in October 2022, what a Year-over-year increase of 174.3%.
  • Deliveries included 5,979 premium smart electric SUVs, including 2,814 ES7, and 4,080 premium smart electric sedans, including 3,050 ET7 and 1,030 ET5.
  • The company has delivered 92,493 vehicles since the beginning of 2022, up 32.0% year-on-year.
  • Cumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022.
  • Vehicle production and deliveries have been constrained by operational challenges at its plants and supply chain fluctuations due to the COVID-19 situation in certain regions of China.
  • In October, NIO presented ET7, EL7 and ET5 for the European markets at NIO Berlin 2022.
  • Price promotion: NIO shares are trading up 7.14% at $10.36 on the latest check Tuesday premarket.
  • Photo via company

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