Nio delivered 36,275 vehicles in November, marking its second-highest monthly total on record despite a month-on-month decline driven by weaker deliveries at its Onvo sub-brand, according to data released on Monday.
The November figure represented a 76.31% increase from a year earlier but a 10.20% decline from October’s record 40,397 units. The sequential drop was primarily due to softer performance at Onvo, while both the main Nio brand and the Firefly sub-brand recorded month-on-month growth.
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The Nio main brand delivered 18,393 vehicles in November, up 18.72% from a year earlier and 7.29% higher than October. Onvo delivered 11,794 vehicles, representing a 132.07% increase from a year earlier but a 31.99% decline from the previous month. Firefly delivered a record 6,088 vehicles during the month, up 2.98% sequentially.
Nio has also accelerated diversification efforts as it seeks to improve profitability amid rising cost pressures. In November, the company began licensing its self-developed smart driving chip technologies to external companies, marking a shift beyond in-house deployment.
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Overseas expansion at Firefly is also progressing. Last month, the premium compact EV brand under Nio began mass production of its right-hand-drive variant, with the first batch of vehicles produced on Nov. 18 scheduled for shipment to Singapore.
Regulatory preparations for further Firefly expansion are ongoing. A higher-power motor version of the Firefly EV recently appeared in the latest batch of vehicles listed by China’s Ministry of Industry and Information Technology for public consultation, the final major regulatory step before commercial sales approval in the domestic market.