Nio Sets October Delivery Record at 40,397 as ES8 Ramp Accelerates

Overview

• Nio reported 40,397 deliveries in October, up 92.6% year over year, including 17,143 Nio-brand, 17,342 Onvo and 5,912 Firefly vehicles.
• The third‑generation ES8 hit 10,000 deliveries in 41 days, with production capacity slated to rise 70% in November and a 15,000‑unit target set for December.
• Onvo’s L90 maintained momentum with monthly deliveries above 10,000 for three straight months and reached 30,000 units just 86 days after launch.
• Nio has started operations at a third factory in Hefei and sought provincial support to hire about 1,000 workers to accelerate end‑of‑year output.
• The company aims for 150,000 Q4 deliveries and its first profitable quarter as wait times narrow to roughly 22–26 weeks and preparations advance for a broader European rollout using a mixed retail model.