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Comment on Nio Trims Q4 Sales Target, Says 150k Unit Goal Now Also Includes Firefly Brand by Onvo Reaches 20,000th L90 Delivered After Just Two Months – EV
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Comments for EV
Nio management on Tuesday said its fourth-quarter delivery target of 150,000 vehicles will now include its entry-level Firefly brand, broadening a goal that was previously set only for the Nio and Onvo marques.
To meet that demand, Nio is working to accelerate supply chain ramp-ups.
“We’ve been working closely with our supply chain partners to improve and enhance production capacity throughout the value chain and also the supply chain,” Li said.
That implied a group-wide goal of 150,000 units, excluding Firefly, which had no public target.
Deliveries in China will begin after its official launch later this month, Li confirmed on Tuesday.