NIO Electric Car Sales Skyrocketed in April 2023 - What's Driving the Surge?

NIO Electric Car Sales Skyrocketed in April 2023 - What's Driving the Surge?
Breaking Records: NIO Reports 31% Increase in Electric Car Sales for April 2023
NIO Electric Car Sales Skyrocketed in April 2023 - What's Driving the Surge?
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In April, NIO saw yet another rise in electric vehicle shipments worldwide. Compared to the same month last year, the Chinese premium EV pioneer delivered 6,658 cars; an increase of 31%.

This is an encouraging indication, and we can expect a fresh influx of models later this year. NIO's sales include 1,713 crossovers/SUVs as well as 4,945 sedans.

The company no longer breaks down the number of each model, but noted that the majority of units were from the ET5 and ES7.

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NIO Global Infrastructure Deployment Update - April 2023 As of 30 April, #NIO has built up 114 #NIOHouses, 276 #NIOSpaces, 292 #NIOServiceCenters, 52 #NIODeliveryCenters, 1,398 #PowerSwapStations.

NIO has delivered a total of over 37,000 electric vehicles in the past year, representing an increase of 22% compared to the same period last year. Although it is concerning that crossover/SUV sales have dropped by almost 60% when compared to the preceding year, this could be attributable to their switch to new models and may be just temporary.

In 2022, NIO sold over 122,000 electric vehicles across the globe. This was a landmark year for the company who shifted from its NT1.0 platform to NT2.0. This transition included introducing the ES7 (EL7 in Europe) and ET5 models.

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