NIO Sales Grow 174%, XPeng Sales Decline

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NIO Sales Grow 174%, XPeng Sales Decline
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NIO has some good vehicle delivery numbers to share for October. Its sales were up 174.3% year over year in October 2022 compared to October 2021. Looking at year-to-date sales, they were up 32%. NIO's

NIO has some good vehicle delivery numbers to share for October. Its sales were up 174.3% year over year in October 2022 compared to October 2021. Looking at year-to-date sales, they were up 32%.

Specific model sales in October included: 2,104 sales of the P7 sports sedan, 1,665 sales of the P5 family sedan, and 709 sales of the G3i compact SUV. “We are accelerating customer deliveries of G9. Logistics and transportation capabilities are all in place for a steady production ramp up beginning in November. We expect that P7 and G9, both built on the Edward platform, will comprise a larger proportion of total deliveries in the coming months.

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