Summary by Futu AI
NIO Inc., a leader in the global smart electric vehicle market, has reported a significant increase in vehicle deliveries for September and the third quarter of 2024. In September alone, the company delivered 21,181 vehicles, marking a 35.4% rise compared to the same month in the previous year. The third quarter saw NIO Inc. deliver a record 61,855 vehicles, an 11.6% increase year-over-year. This surge in deliveries brings the company's cumulative deliveries to 598,875 as of September 30, 2024. Notably, the ONVO L60, NIO's mid-size family smart electric SUV, began deliveries in late September following its launch on September 19, 2024. The L60 is designed to offer value for money with a focus on happiness for family users, featuring a spacious design, enhanced safety, and advanced technologies. NIO Inc. continues to innovate in the smart electric vehicle space, providing premium vehicles under the NIO brand and family-oriented vehicles through the ONVO brand.