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Nio November 2021 deliveries surge 197% M/M to 10,878 vehicles
$NIO Inc (NIO.US)$ has delivered 10,878 vehicles in November 2021, up 105.6% Y/Y, and representing a solid monthly growth of 196.6% M/M from October's deliveries of 3,667 units.
The deliveries consisted of 2,683 ES8s, 4,713 ES6s, and 3,482 EC6s.
Total YTD deliveries reached 80,940 vehicles, up 120.4% Y/Y.
Cumulative deliveries of the ES8, ES6 and EC6 as of November 30, 2021 reached 156,581.
Last month, Citi boosted price target on Nio to $87 from $70 on expectations that the Chinese EV player will nab more market share.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Krishias Future : We are back on track, I am waiting for numbers at ET7 next year...
BLACKER-ALX : Good results. Stock will surge
Brandon Loo : Long term company we will see big numbers in Q2-Q3 2022
areecep : More market share being grabbed by Nio, Li Auto, BYD, GM-wuling.
Feel like Tesla has no budget competitive car..
Micah Hicklin : Well done Nio
ZenBunny5 : NIO has set the table for a stellar 2022. Looking good!
Myrrh : Tesla should be feeling the heat..
Howardy : Good luck .Look forward to the stock going up