$NIO Inc (NIO.US)$ Xpeng without battery swap is now flying...

Earnings flood from China's stocks: Is a turnaround on the horizon?

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VIVEK SURANA joined discussion · Nov 8, 2024 12:34

$NIO Inc (NIO.US)$ Xpeng without battery swap is now flying both in terms of stock price and car delivery. NiO after 6 months of launching the ONVO is still struggling to increase the delivery numbers. In fact the ONVO is basically eating up the NiO's own sales, last month the NiO main brand deliver just 16k vehicle which is lowest in 6 months.

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Dragon Fish : Officially launched where got 6 mths ago? You got watch CEO speech or not. I watched until so boring was in Sept ok.

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Dragon Fish : Nio launched its new model, the Onvo L60, on September 19, 2024. This model is part of Nio's Onvo brand, which focuses on family-oriented electric vehicles. The L60 has been designed to maximize value with features like a spacious interior and advanced safety, and it also supports Nio's battery swap system, allowing customers to rent batteries instead of purchasing them. Deliveries for the L60 began in late September 2024, and Nio aims for monthly deliveries to eventually reach up to 20,000 units by Mar 2025.

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VIVEK SURANA

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