NIO on Sunday announced fourth-quarter deliveries of 40,052 electric vehicles (EVs), marking a 60% increase year-over-year and a new quarterly record for the Chinese automaker. The company also marginally beat its own delivery outlook for Q4, which it lowered from 43,000-48,000 vehicles to a more modest 38,500-39,500 last week. At the same time, the EV […]
NIO, Xpeng Motors and Li Auto all saw their deliveries drop amidst COVID-19 prevention procedures in China, according to a report from the South China Morning Post. In addition to virus control measures straining supply chains and overall manufacturing, recent price cuts across the Tesla lineup also seemed to contribute to low sales for the […]
NIO on Saturday announced third-quarter deliveries of 31,607 electric vehicles (EVs), marking a 29.3% increase year-over-year and a new quarterly record for the Chinese automaker. The company delivered 10,878 vehicles in September alone. NIO’s September deliveries consisted of 7,729 premium smart electric SUVs — which included 1,895 ES7s — and 3,149 premium smart electric sedans […]
China’s auto market saw sales fall across the board in July, including electric vehicle (EV) startups including NIO, XPeng Motors and Li Auto. Deliveries for NIO, XPeng and Li dropped off in July along with much of the market, though the automakers also saw their shares rise, according to Barron’s. NIO delivered 10,052 deliveries in […]
Chinese electric vehicle (EV) makers NIO, Xpeng, and Li Auto have all shared delivery numbers for the month of June and the second quarter of this year — reports Yahoo Finance. NIO delivered a total of 12,961 vehicles in June, almost doubling up on its 7,024 deliveries from May. The company reported deliveries of 25,059 […]
Chinese electric vehicle (EV) maker NIO on Sunday announced delivery numbers for the month of April, along with rivals Li Auto and Xpeng. NIO delivered a total of 5,074 EVs in April 2022, bringing the automaker’s year-to-date total for deliveries in 2022 up to 30,842 — a year-over-year increase of 13.5%. NIO delivered 25,768 cars […]
In Q4, Norges Bank, the central bank of Norway, boosted its positions in both NIO and Li Auto, while trimming shares in Xpeng Motors, according to a 13F filing with the U.S. Securities and Exchange Commission (SEC), reports CNEVPost. The bank increased shares in NIO by 31 percent and Li Auto by 990 percent, while […]
Tesla rivals in China posted impressive sales numbers in January, including electric vehicle (EV) companies Xpeng Motors and Li Auto, among others. Xpeng and Li Auto said on Tuesday that their sales more than doubled in January, with fellow EV automaker NIO saying its sales increased by a third, according to the South China Morning […]
NIO on Saturday announced that it delivered a total of 10,489 vehicles during December 2021, up 49.7% year-over-year (YoY) from December 2020. “The deliveries consisted of 2,782 ES8s, the Company’s six- or seven-seater flagship premium smart electric SUV, 4,939 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,768 EC6s, the Company’s five-seater premium […]
Many of China’s growing electric auto manufacturers reported their delivery numbers on Friday, and as Tesla usually waits a day or two to post its delivery numbers, analysts are wondering if the U.S. company will follow suit with the upward market trend for Chinese automakers in September. Xpeng Motors, NIO and Li Auto all reported […]
Keeping in stride with fellow Tesla rival NIO, Chinese automakers Xpeng Motors and Li Auto appear to be putting pressure on Tesla in the world’s largest auto market with record sales. Li Auto and Xpeng Motors sold record numbers of cars in July, with Li Auto having sold a total of 8,589 units and Xpeng […]
Automakers in China are releasing their sales numbers for Q2 this week, and new updates from Li Auto show that the company is reaching new all-time highs, even coming out of the global chip shortage. On Friday, Li Auto said that its June deliveries of the Li One hit a monthly high of 7,713 deliveries, […]
According to the South China Morning Post, NIO and Xpeng Motors are building online communities for users to earn credit towards specific branded products, with the former company now having sold over 3 million products through its app. In addition, Tesla has already cultivated a loyal following of the company and CEO Elon Musk, which […]
A global semiconductor chip shortage affected NIO, along with a slew of other China-based electric vehicle (EV) manufacturers and others around the world. According to Investors Daily, Chinese automakers NIO, Xpeng Motors, and Li Auto, all saw triple-digit sales growth in this year’s first quarter, despite production being slowed significantly due to an inability to […]
Norges Bank, the central bank of Norway, made massive investments in Tesla and a number of other companies at the forefront of the electrification revolution in Q4 2020 — reports Barron’s. The Norwegian bank currently manages the world’s largest sovereign-wealth fund–the Norway Government Pension Fund–and disclosed the stock investments in a form filed with the […]
