Leading Chinese premium EV maker NIO announced its October 2024 delivery results.
NIO delivered 20,976 vehicles in October 2024, representing an increase of 30.5% year-over-year.
The deliveries consisted of 16,657 vehicles from the company’s premium smart electric vehicle brand NIO, and 4,319 vehicles from the company’s family-oriented smart electric vehicle brand ONVO.
Cumulative deliveries reached 619,851 as of October 31, 2024.
In October 2024, the production and delivery of the ONVO L60 have been steadily ramping up.
As of October 31, 2024, ONVO operated 166 ONVO Centers and ONVO Spaces across 60 cities, while also providing users with seamless access to 584 NIO Power Swap Stations in China. ONVO will continue to expand its sales, service and power networks to serve a growing user base and drive long-term growth.
Last month, NIO has partnered with Abu Dhabi based CYVN Holdings, a leading investor in smart and advanced mobility, to launch NIO MENA. The collaboration marks NIO’s entry into the Middle East and North Africa (MENA) region, where it aims to introduce cutting-edge electric vehicle solutions to more users, contributing to the region’s sustainable development goals.
Supported by the strategic investments from CYVN Holdings, NIO MENA will introduce NIO’s vehicle models, as well as those from its subsidiary brands to the MENA market, expanding its footprint and integrating further into the global smart EV ecosystem.
