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NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise

With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight month hitting the milestone. NIO sold 20,976 vehicles last month, up 30.5% from October 2023. The NIO brand sold 16,657 vehicles, while its new “family-oriented smart vehicle brand,” Onvo, contributed 4,319 in its first full … Continue reading “NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise”

NIO (NIO) crosses the 20,000 EV delivery mark for the third straight month in July

China’s NIO (NYSE: NIO) crossed the 20K delivery threshold for the third straight month in July. Despite intensifying competition, NIO continues to see strong demand in the world’s largest EV market. NIO hits the 20K delivery threshold again in July 2024 NIO delivered 20,498 vehicles last month, its third straight month above the 20K mark. … Continue reading “NIO (NIO) crosses the 20,000 EV delivery mark for the third straight month in July”