NIO says deliveries more than doubled in November

NIO NIO,
-6.42%,
The Chinese electric car maker said it delivered 5,291 vehicles in November, up 109% year-over-year. For the year, shipments increased 111%, NIO said. NIO said it was ramping up production capacity to meet the growing growth in orders. NIO shares fell 6% on Monday, but have jumped 2005% in the past 52 weeks.