Written by Cláudio Afonso | LinkedIn | X
The electric vehicle maker Nio is currently live streaming from one of its delivery centers in China. On the last day of May, the company promoted the broadcast on its Nio App with a poster pre-announcing 20,000 units delivered in the month.
In April, Nio delivered 15,620 vehicles, representing an increase of 134.6 percent year over year with deliveries consisting of 8,817 SUVs and 6,803 sedans.
“Nio delivers 2W in May, live from the vehicle delivery site,” the poster reads, with “W” representing 10,000 in Chinese. The poster was meanwhile adjusted to “Nio Delivery Center. Listen to what they have to say.”
Nio is expected to officially announce its monthly delivery figures on Saturday, June 1. The Shanghai-headquartered brand had surpassed the milestone only once in its 10-year history when delivered 20,462 units in July 2023.
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Nio shares surged by 9.53 percent on Thursday to $5.40 per share reducing its year to date losses to 40 percent. As of the time of writing, the stock is trading 3 percent lower during the pre-market session.
At a media event held in Amsterdam last week, Nio‘s founder and chief executive, William Li, announced that the brand plans to enter the UK market “probably next year.”
Nio is preparing to expand its European lineup with the introduction of its flagship sport utility vehicle, the EL8, originally launched in China in late 2022.
An Ho, Nio’s general manager for the Norwegian market, hinted at the model’s impending launch in Europe via a post on LinkedIn.
Written by Cláudio Afonso | LinkedIn | X
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The post Nio Hints 20,000 Deliveries in May first appeared on EV.