Chinese electric vehicle manufacturer NIO has reported a significant increase in its deliveries for the month of September 2024. The company delivered a total of 21,181 vehicles, marking a 35.4% increase compared to the same period last year. This growth is a positive sign for NIO, indicating a strong demand for its electric vehicles in the market.
Out of the total deliveries, 20,349 vehicles were from NIO’s premium smart electric vehicle brand, while 832 vehicles were from the company’s family-oriented smart electric vehicle brand, ONVO. This shows that both brands are contributing to NIO’s overall success in the EV market.
Moreover, in the third quarter of 2024, NIO achieved a new quarterly record by delivering 61,855 vehicles, representing an 11.6% increase year-over-year. This steady growth is a testament to the company’s commitment to innovation and customer satisfaction.
As of September 30, 2024, NIO’s cumulative deliveries have reached 598,875 vehicles. This milestone demonstrates the strong market presence and popularity of NIO’s electric vehicles among consumers.
One of the key highlights for ONVO in September was the launch of its first model, the L60, a mid-size family smart electric SUV. Leveraging NIO’s expertise in smart and electric technologies, smart manufacturing, power network, and supply chains, the L60 aims to provide happiness and value for money to family users.
The L60 features a spacious design, enhanced safety features, and advanced technologies, all aimed at maximizing user value and optimizing lifecycle ownership costs. The deliveries of the L60 began in late September 2024, and the initial response from consumers has been positive.
Overall, NIO’s strong performance in September 2024, with a significant increase in deliveries and the launch of a new model from ONVO, indicates a bright future for the company in the electric vehicle market. With a focus on innovation, quality, and customer satisfaction, NIO is well-positioned to continue its growth and success in the coming months.