Nio's previous guidance for fourth-quarter deliveries was 23,500 to 25,500 vehicles, which means it is expected to deliver 8,955-10,955 in December.

Nio delivered 10,878 vehicles in November, a record high for a single month, according to data released by the company today.

That's up 106 percent from 5,291 units in the same month last year and up 197 percent from 3,667 units in October.

That delivery volume included 2,683 ES8s, 4,713 ES6s, and 3,482 EC6s.

(Graphic by CnEVPost)

From January to November, Nio's cumulative deliveries were 80,940 units, up 120 percent year-on-year.

As of November 30, Nio's cumulative deliveries since inception were 156,581, the company said.

Nio previously guided for fourth-quarter deliveries of 23,500 to 25,500 units, which means it is expected to deliver 8,955-10,955 in December given that it delivered 14,545 vehicles in October and November combined.

Nio did not mention in their press release whether the November deliveries included those in Norway, although the company told CnEVPost that deliveries in Norway were included, but did not provide specific figures.

Nio's local counterparts Xpeng Motors and Li Auto have yet to release November delivery figures.

Nio launched the ET7 sedan earlier this year, and deliveries are expected to begin in the first quarter of next year.

Nio saw the first Pre-Production vehicles of the ET7 roll off the production line at the JAC Nio advanced manufacturing base in Hefei on November 29, and after this phase, the ET7 will officially enter the final mass production phase.

Official reservations for the Nio ET7 are expected to open in mid-January next year, with deliveries expected to begin by the end of the first quarter, local automotive website Xchuxing.com quoted the ET7 project team as saying late last month.

The Nio ET7 will initially be delivered at a rate of a few hundred units per month, with capacity ramp-up taking 2-3 months, the ET7 team said, adding that the model's capacity is not something to worry about, according to the report.

Nio said on August 12 that it aims to deliver three Nio Technology Platform 2.0-based products in 2022, including its flagship sedan ET7, which was launched earlier this year.

At this year's Nio Day event, it expects to unveil a model including one called the ET5 at that time, as well as another unknown model.

Recently, a vehicle with a closely camouflaged body, suspected to be the ET5, has been spotted testing on the road.

In addition, Nio confirmed in early August that it will enter the mass market by launching a sub-brand.

Nio will enter the mass market through the new brand, preparations for which have been accelerated and a core team has been established, Li said during the company's second quarterly call on August 12.

"The Nio brand is similar to this new brand as Lexus is to Toyota and Audi is to Volkswagen," he said.

Li said at the time that Nio's mass-market sub-brand would be less expensive than Tesla, but the experience would surpass the latter.