NIO boasts 28.9% YoY jump in Nov. 2024 vehicle deliveries

Shanghai (Gasgoo)- On the first day of December, Chinese smart electric vehicle maker NIO Inc. ("NIO" or the "Company") announced its November 2024 delivery results, achieving 20,575 vehicles of monthly deliveries, a 28.9% jump year-over-year.

Of the vehicles NIO delivered last month, 15,493 units were from its premium NIO brand and 5,082 units were from its family-oriented ONVO brand. As of November 30, 2024, NIO's cumulative deliveries have reached 640,426 vehicles.

November 25, 2024, marked NIO's 10th anniversary. NIO commented that over the past decade, the Company has distinguished itself with innovative product designs, groundbreaking technology, and redefined business models. Backed by its in-house technological capabilities, extensive nationwide power network, and engaged user community, NIO has built a strong foundation for future growth. Looking forward, the Company is committed to delivering continuous innovation, exceptional products, and fostering a shared growth community to contribute to a sustainable future.

In a significant step toward globalization, NIO inaugurated its first NIO House in the Middle East and North Africa region on November 28, 2024, in Abu Dhabi. Its first battery-swapping station in the region is also set to be opened by the end of the year.