Nio (NIO) announced its October delivery results. The company delivered 20,976 vehicles in October, representing an increase of 30.5% year-over-year. The deliveries consisted of 16,657 vehicles from the company’s premium smart electric vehicle brand Nio, and 4,319 vehicles from the company’s family-oriented smart electric vehicle brand Onvo. Cumulative deliveries reached 619,851 as of October 31.
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