NIO releases third quarter 2024 performance report

NIO's total revenue in the third quarter of 2024 was 18.6735 billion yuan, a year-on-year decrease of 2.1%. Among them, automobile sales were 16.6976 billion yuan, a year-on-year decrease of 4.1%. Despite the decline in revenue, NIO's car deliveries increased, with car deliveries in the third quarter reaching 61,855 units, a year-on-year increase of 11.6% and a month-on-month increase of 7.8%.