On Watch $NIO Inc (NIO.US)$ NIO reported strong delivery n...
On Watch
NIO reported strong delivery numbers for November 2024, with 20,575 vehicles delivered, marking a 28.9% increase year-over-year. The deliveries included 15,493 vehicles from NIO's premium smart electric vehicle brand and 5,082 vehicles from its family-oriented ONVO brand. Year-to-date deliveries reached 190,832 vehicles, up 34.4% from the previous year. The company's cumulative deliveries totaled 640,426 vehicles as of November 30, 2024. The announcement coincided with NIO's 10th anniversary celebration on November 25, 2024.
Positive
28.9% year-over-year increase in monthly deliveries
34.4% year-over-year increase in year-to-date deliveries
Successful expansion with two distinct vehicle brands (NIO and ONVO)
28.9% year-over-year increase in monthly deliveries
34.4% year-over-year increase in year-to-date deliveries
Successful expansion with two distinct vehicle brands (NIO and ONVO)
Negative
None
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Dragon Fish : What a report spreading the salt on the wound? Sales dropped from Sept to Oct then from Oct to Nov is called strong delivery? So ironically xz the Nio premium EV sales performed so badly to 15K is the lowest in past few months. Even Zeekr can beat Nio sales is unbelievable.