Nio

China EV insurance registrations for week ending Nov 10

Chinese customers who currently buy the Onvo L60 are expected to get deliveries 10-14 weeks after locking in their orders, down from 12-16 weeks previously.

The ES6 remains the largest contributor to Nio Inc's deliveries until Onvo L60 capacity is significantly ramped up.

A blogger posted thousands of pieces of content that insulted and defamed the Nio brand and its users over a period of more than a year.

Nio delivered a record 61,855 vehicles in the third quarter, within the guidance range of 61,000 to 63,000 vehicles.

The new brand will not use Audi's signature four-ring logo, but will instead use Audi's English name “AUDI” and will also launch a model to rival the Nio ET7, according to local media.

Li Auto had 11,400 insurance registrations last week, Xpeng 5,400, Zeekr 5,800, Leapmotor 8,200 and Aito 8,400.

In October, 27,707 Nio customers used the battery swap service for the first time.

Nio will develop the extended-range hybrid under sub-brand codenamed Firefly, stemming from suggestions by major investor Abu Dhabi investment firm CYVN Holdings, Reuters reported.

The Nio main brand delivered 16,657 vehicles in October, down 18.14 percent from September. Onvo delivered 4,319 vehicles in October, up 419.11 percent from September.