Nio Reports Record May Deliveries with 62.3% Yearly Growth
Tiger Newspress06-01
Nio Inc delivered 37,705 vehicles in May, representing a 62.3% increase compared to the same month last year and a 28.44% rise from April.
This total marks the highest monthly delivery figure for the company so far this year. From January through May, cumulative deliveries reached 150,526 units, reflecting a 68.70% year-on-year increase.
The strong performance was largely driven by its Onvo sub-brand, which delivered 12,029 vehicles in May. This represents a 91.51% surge year-on-year and a 124.76% jump from the previous month.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.