NIO Gross sales Up 35% – CleanTechnica – Uplaza

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It appears it was an excellent month in China for EV gross sales final month, or at the very least for “smart EV” startups. Together with Xpeng’s file month, NIO noticed a robust rise in gross sales in September.

NIO had 21,181 deliveries final month, which was a 35.4% improve over September 2023. Extrapolating that out 12 months, we get 254,172 potential annual deliveries. Humorous sufficient, that 21,181 whole in September is extraordinarily near Xpeng’s 21,352 September deliveries, however I’ll come again to the comparisons for an additional article.

Trying on the third quarter as a complete, NIO had 61,855 gross sales. That’s an 11.6% improve over the third quarter of 2023. It’s additionally a brand new quarterly gross sales file for NIO. Once more, if we extrapolated the full there out to 4 quarters, or one yr, the full can be 247,420 gross sales. As I stated with Xpeng, that is attending to important, genuinely mass-market ranges. If NIO can hold this up and even continue to grow, it could actually turn into an automotive drive to be reckoned with. Additionally, like with Xpeng, the extra it could actually develop its presence and gross sales overseas, the extra it may be seen as becoming a member of the worldwide automotive market of main manufacturers. We’ll be maintaining a tally of this house.

NIO has simply rolled out a brand new model as properly. The ONVO “family-oriented smart electric vehicle brand” has one mannequin on the market for now, the L60. In contrast to the booming Xpeng MONA M03, although, the L60 has simply had a trickle of gross sales following launch — 832 automobiles (versus the NIO model’s 20,349). Nonetheless, NIO is bullish about this midsize SUV’s future. Additionally, gross sales solely simply acquired getting in current days. “It embodies ONVO’s philosophy of bringing happiness and value for money to family users. By offering a spacious design, enhanced safety features and advanced technologies, the L60 maximizes user value while optimizing lifecycle ownership costs. Deliveries of the L60 started in late September 2024,” NIO writes. We’ll keep watch over its progress and the way properly acquired the ONVO model is in coming months.