Chinese electric vehicle manufacturer Nio has introduced a suite of incentives for November, aiming to drive sales during the competitive year-end period. The company’s latest offer, valued at up to RMB 65,000 ($9,130), includes a range of discounts and service perks available to customers until the end of the month.
The incentives feature an option fund up to RMB 20,000, a coupon for heat shielding film worth RMB 2,979, and three years of complimentary Navigate on Pilot Plus (NOP+), a service valued at RMB 13,680. Compared to September’s offer, Nio has extended NOP+ usage from two to three years and added discounts on heat shielding films. Additionally, customers who opt for Nio’s Battery as a Service (BaaS) model can receive a free installment after every four battery rental payments, with up to 12 installments eligible for coverage, valued at RMB 13,536.
Nio also offers trade-in incentives through its official purchase channels. Customers trading in older vehicles can receive 20 battery swap service coupons worth RMB 2,000 and up to one year of free NOP+ usage.
In October, Nio reported 20,976 deliveries, mirroring September’s performance. Cumulative sales from January to October reached 170,257 units, a 35% increase year-over-year, with total deliveries now at 619,851 vehicles, including models from its family-oriented line, Onvo.
