$NIO Inc (NIO.US)$ The price of any individual stock hinges ...

$NIO Inc (NIO.US)$ The price of any individual stock hinges upon a mix of external forces and fundamental strengths and weaknesses.

Fortunately for Nio, it possesses strengths. Just about every time I write about the company it seems that I note how much progress it continues to make. That means that I continue to be impressed by the company’s ability to increase its deliveries.

November was no different. In my mind, the most impressive stat about Nio is its total deliveries this year. As of Dec. 1, the firm delivered 80,940 vehicles this year. That’s a 120.4% increase over the same period a year ago.

November growth wasn’t quite as strong as that year-to-date overall, but nonetheless it was impressive. Nio delivered 10,878 vehicles in the month, 105.6% greater than November of 2020.