Electric vehicle manufacturer Nio's (HKG:9866, SGX:NIO) third-quarter vehicle deliveries surged 75.4% year on year to 55,432 units.

$NIO Inc (NIO.US)$ Electric vehicle manufacturer Nio's (HKG:9866, SGX:NIO) third-quarter vehicle deliveries surged 75.4% year on year to 55,432 units.

For September alone, the company delivered 15,641 vehicle, an increase of 43.8% from a year ago, consisting mainly of premium smart electric sports utility vehicles and premium smart electric sedans, according to a Sunday bourse disclosure.

Cumulative deliveries of vehicles reached 399,549 as of September 30.