NIO Scrambles to Boost Production After Sales Double Again
Chinese electric-vehicle (EV) maker NIO (NYSE: NIO) said on Tuesday that it's accelerating a plan to increase its production after setting a record for deliveries in November.
NIO delivered 5,291 vehicles to customers in November, more than double its year-ago result, as demand for its stylish electric SUVs continued to be strong. That total includes 1,518 deliveries of the EC6 sport crossover, the company's newest model, launched in late September.
Deliveries of NIO's newest model, the EC6, doubled in November from October. Image source: NIO.
Source Fool.com