$NIO Inc.(NIO)$ The head of Nio Inc (NYSE: NIO) sub-brand Onvo has re-emphasized that delivery target will be met this month, after weekly figures showed deliveries remained slow last week.
Onvo's deliveries will ramp up this month, with more than 10,000 vehicles sure to be delivered in December, the brand's president Alan Ai said today in a post on the Onvo App.
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In a media meetup on December 12, Nio founder, chairman and CEO William Li, in response to a question from CnEVPost, said the company is confident it would meet its fourth-quarter deliveries guidance and deliver more than 30,000 units in December.