Summary by Futu AI
NIO delivered 20,498 new cars in July 2024, a year-on-year increase of 43.9%, with a total delivery of 557,518 vehicles. The vehicles delivered in that month include 11,964 SUVs and 8,534 sedans. In addition, NIO announced several technological innovations, including 5nm self-driving chips and a global operating system, at the "NIO IN 2024 NIO Innovation Technology Day" event on July 27. Since its establishment in 2014, NIO has been committed to the design, development, manufacturing, and sales of high-end intelligent electric vehicles, and promoting related technological innovation. The company's second brand, Lixiang, was launched in May 2024, aimed at providing better product experience for household users. NIO Inc. is listed on the New York Stock Exchange and the Hong Kong Stock Exchange, with stock codes NIO and 9866, respectively.