Leading Chinese premium EV maker NIO delivered 20,575 vehicles in November, an increase of 28.9% year-over-year, marking the company’s seventh consecutive month of over 20,000 deliveries.
The deliveries consisted of 15,493 vehicles from the Company’s premium smart electric vehicle brand NIO, and 5,082 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO.
In the first 11 months of 2024, NIO delivered a total of 190,832 vehicles, up 34.4% from the same period last year.
Cumulative deliveries reached 640,426 as of November 30, 2024.
Last month, NIO officially unveiled its third brand, Firefly, along with its first product sharing the same name.
According to NIO, Firefly will exceed user expectations in design, safety, space, intelligence, and energy efficiency, ushering in a new era of smart electric vehicles for the global compact car market. ‘Firefly is to NIO a symbol of innovation and sophistication in a smaller package.’
The Firefly brand will be officially launched at NIO Day 2024 on December 21, and its first model is set for delivery in the first half of 2025.
NIO’s current brand lineup includes its namesake premium brand and ONVO, which was launched earlier this year.
November 25, 2024, marked NIO’s 10th anniversary. Over the past decade, NIO has consistently pushed boundaries in product design, technology innovation and reimagined business models. With its full-stack, in-house developed technological capabilities, extensive nationwide power network, and unique user community, NIO has laid a solid foundation for future growth.
