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Nio records 37,408 vehicle deliveries in September, up 7.7% year-on-year

The Motley Fool +1 · ·by G4L

NIO
NIO NIO Inc ADR
$3.28 -3.81%
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  1. 1Nio recorded 37,408 vehicle deliveries in September, representing a 7.7% year-on-year increase.
  2. 2Nio's premium brand recorded 7,590 deliveries in September, achieving a 55.3% increase for the premium brand.
  3. 3Onvo brand deliveries have decreased for four consecutive months since recording 12,029 units in May.

So what's the key point?

Nio sold more than 37,408 cars in September. While premium brand sales rose, sales for the standard brand have been declining for four months.

Source The Motley Fool +1 · View original ↗

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