Nio delivered its 40,000th flagship ES9 SUV. Deliveries began less than six months ago. CEO William Li highlighted the ES9's position as a top seller in China's premium electric vehicle class. Large SUVs remain a significant portion of Nio's sales.
Reaching this latest 10,000-unit milestone took 49 days. This marks the longest period yet. It suggests a potential slowdown in ES9 delivery momentum. Nio's overall vehicle deliveries for October showed a year-over-year decline. This broke a 31-month growth streak. Nio also announced a new partnership with Poly Property. This aims to expand its battery-swap network across China.