- July deliveries include 12,675 units from the Nio main brand, 5,976 units from Onvo, and 2,366 units from Firefly.
- In the first seven months of the year, Nio Inc delivered 135,167 vehicles, a year-on-year increase of 25.24 percent.
Nio Inc (NYSE: NIO) saw a slight year-on-year increase in vehicle deliveries last month, ahead of an expected significant boost in August deliveries driven by the Onvo L90.
The electric vehicle (EV) maker delivered 21,017 vehicles in July, marking the fourth consecutive month exceeding the 20,000-unit mark, according to data released today.
This represents a 2.53 percent increase from the 20,498 units delivered in the same month last year, though a 15.68 percent decrease from the 24,925 units delivered in June.
The Nio main brand delivered 12,675 vehicles in July, a 38.16 percent decrease year-on-year and a 13.14 percent decrease from June.
Onvo delivered 5,976 vehicles in July, a decrease of 6.63 percent from June.
Firefly delivered 2,366 vehicles in July, a decrease of 39.83 percent from June.
In the first seven months of the year, Nio Inc delivered 135,167 vehicles, a year-on-year increase of 25.24 percent.
The Nio main brand delivered 87,120 vehicles in January-July, down 19.28 percent year-on-year.
Onvo delivered 37,838 vehicles in January-July, bringing its cumulative deliveries since September 2024 to 58,599 vehicles.
Firefly's cumulative deliveries reached 10,209 vehicles. The Nio sub-brand began its first vehicle deliveries in April this year.
Onvo officially launched its flagship SUV (sport utility vehicle) L90 yesterday, with a starting price of RMB 265,800 ($36,850) including an 85-kWh battery pack.
This represents a further reduction of RMB 14,100, or 5.04 percent, from the previously competitive pre-sales price of RMB 279,900.
Earlier today, Onvo announced that the first deliveries of the L90 have begun in 44 cities across China.
The L90 appears to have been well received, although Nio has not disclosed order numbers as usual.
Onvo said yesterday that it has increased the number of vehicles available for test drives from 600 to 1,000 to reduce customer wait times.
The busy scenes at Onvo stores circulating on social media, along with the L90's more robust production readiness, suggest that the model could significantly boost Nio Inc's August delivery volume.
($1 = RMB 7.2133)
