NIO Inc. (NYSE:NIO) reported its latest delivery numbers for October on Tuesday.
The Chinese electric vehicle company delivered 10,059 cars last month – up by 174.3% year-over-year.
The deliveries in October consisted of:
Production and deliveries were impacted by supply chain issues and other constraints caused by COVID-19 outbreaks in certain parts of China, according to the company.
NIO has delivered a total of 259,563 electric vehicles as of October 31, 2022.
The stock made some gains on Tuesday, up by around 2% at $9.93 a share.
Shares of NIO have plummeted by over 75% in the past year.
Stock performance
NIO price targets
NIO is the 22nd largest automaker in the world with a market cap of $16.56 billion.
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Sources: NIO Inc., TardingView, Benzinga, CompaniesMarketCap
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