Nio reports December deliveries up 73% to 31,138 vehicles

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Nio reports December deliveries up 73% to 31,138 vehicles

TIPRANKS01-01

Nio (NIO) announced its December, Q4 and full year 2024 delivery results. The company delivered 31,138 vehicles in December 2024, a new monthly hig...

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Cedric77
·01-02
NIO's electric vehicles have several advantages over other EVs in China and Tesla. Here are some key benefits: - *Faster Refueling*: NIO's battery swapping technology allows for faster refueling, taking only 3-5 minutes to swap out a depleted battery for a fully charged one.¹ - *Convenience*: NIO's battery swapping service is done-for-you, eliminating the need to manually charge your vehicle. - *Cost-Effective*: NIO's battery subscription service can reduce the upfront cost of purchasing an EV by up to $10,000. - *Flexibility*: NIO's battery leasing model allows customers to upgrade or downgrade their battery capacity as needed. - *Wide Battery Swapping Network*: NIO has established an extensive network of battery swapping stations across China, making long-distance travel more convenient.
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