- NIO delivered 20,575 vehicles in November 2024, a 28.9% year-over-year increase.
- Year-to-date deliveries totaled 190,832 vehicles, up 34.4% year-over-year.
- Cumulative deliveries reached 640,426 by November 30, 2024.
SHANGHAI, Dec. 01, 2024 — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) announced its November 2024 delivery figures today.
The company’s November 2024 deliveries totaled 20,575 vehicles, a 28.9% year-over-year rise. This comprised 15,493 NIO brand vehicles and 5,082 ONVO brand vehicles. Total deliveries reached 640,426 by November 30, 2024.
NIO celebrated its 10th anniversary on November 25, 2024. Over the past decade, the company has driven innovation in product design, technology, and business models. NIO’s full-stack technology, extensive charging network, and strong user community provide a solid base for future growth. The company remains committed to sustainability and will continue to deliver value through technological advancements, exceptional products and services, and community engagement.
About NIO Inc.
NIO Inc. is a leading global smart electric vehicle company. Established in November 2014, NIO aims to create a sustainable future. The company designs, develops, manufactures, and sells smart electric vehicles, leading innovation in next-generation core technologies. NIO offers premium smart electric vehicles under the NIO brand and family-oriented vehicles under the ONVO brand.
Safe Harbor Statement
This release includes forward-looking statements under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, often including words like “will,” “expects,” “anticipates,” and similar terms, involve risks and uncertainties. Actual results may differ materially. Factors that could cause such differences include, but are not limited to: NIO’s strategies; its future business development, financial condition, and operating results; its ability to produce high-quality vehicles; its capacity expansion and partnerships; its power solutions; the viability of battery swapping and related services; technological advancements; safety standards; securing raw materials and components; securing sufficient vehicle sales; cost control; brand building; and global and Chinese economic conditions. Further details on these and other risks are in NIO’s SEC filings and announcements on the SEHK and SGX-ST websites. All information is current as of the date of this release; NIO does not undertake any obligation to update forward-looking statements, except as required by law.
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