NIO Gross sales Up 35% – CleanTechnica

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It appears it was month in China for EV gross sales final month, or at the very least for “sensible 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% enhance 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 one more article.

Trying on the third quarter as a complete, NIO had 61,855 gross sales. That’s an 11.6% enhance over the third quarter of 2023. It’s additionally a brand new quarterly gross sales file for NIO. Once more, if we extrapolated the whole there out to 4 quarters, or one yr, the whole could be 247,420 gross sales. As I mentioned with Xpeng, that is attending to vital, genuinely mass-market ranges. If NIO can preserve this up and even continue to grow, it may grow to be an automotive drive to be reckoned with. Additionally, like with Xpeng, the extra it may 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 nicely. The ONVO “family-oriented sensible electrical car model” 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 autos (versus the NIO model’s 20,349). Nonetheless, NIO is bullish about this midsize SUV’s future. Additionally, gross sales solely simply obtained getting in latest days. “It embodies ONVO’s philosophy of bringing happiness and worth for cash to household customers. By providing a spacious design, enhanced security options and superior applied sciences, the L60 maximizes consumer worth whereas optimizing lifecycle possession prices. Deliveries of the L60 began in late September 2024,” NIO writes. We’ll control its progress and the way nicely obtained the ONVO model is in coming months.