Summary by Futu AI
In October 2024, NIO delivered 20,976 new automobiles, an increase of 30.5% compared to the same period last year, with a cumulative delivery of 170,257 vehicles this year, a year-on-year increase of 35.1%. As of October 31, 2024, NIO has delivered a total of 619,851 automobiles. In that month, NIO's high-end brand delivered 16,657 vehicles, while the family brand Lixiang delivered 4,319 vehicles. The production and delivery volume of Lixiang L60 are steadily increasing, and operates 166 Lixiang centers and experience stores in 60 cities in China, providing 584 battery swapping stations. NIO will continue to expand its sales, service, and energy network to support user growth and drive long-term growth. Established in 2014, NIO focuses on the design, development, manufacturing, and sales of smart electric vehicles, aiming to promote core technological innovation and stand out through continuous technological breakthroughs, high-quality products and services, and community growth. NIO is listed on the New York Stock Exchange and the Hong Kong Stock Exchange with stock codes NIO and 9866 respectively.