NIO’s momentum from a great 2024 carried forward into January, providing the company with 13,863 vehicle deliveries, a 37.9% increase over January 2024. Notably, a large portion of these sales came from NIO’s new brand, ONVO. ONVO is a more “family-oriented” smart EV brand. 7,951 of the company’s deliveries, 57% … [continued]
I covered XPENG’s and NIO’s great December, 4th quarter, and overall 2024 sales results yesterday. It was an excellent year for these two pure EV Chinese startups, and especially an excellent end of year for them. Now, I want to dive into their long-term sales trends. Note: I imagine neither … [continued]
XPENG and NIO ended the year with a bang. They both set new monthly sales records in December. XPENG Sales Figures XPENG rose to 36,695 deliveries in December, which was a whopping 82% increase over December 2023. That also meant the company ended the 4th quarter with 91,507 deliveries, a … [continued]
After reporting on XPENG and NIO sales this past week, I was interested in diving in a little deeper and comparing the two “smart EV” automakers. The companies are similar in age and have seen similar growth trends for years, so I always find it fun and interesting to create … [continued]
NIO has seen another solid month of sales growth. Its 20,575 sales (i.e., deliveries) in November represented a 28.9% sales increase over November 2023. Across the first 11 months of the year, sales were up even more. They rose 34.4% to 190,832 deliveries. Without a doubt, NIO will break through … [continued]
It’s the first of the month, and we’ve got positive EV sales news from NIO and XPeng yet again. Both Chinese EV automakers saw strong sales increases in October 2024 compared to October 2023. NIO Sales NIO scored 20,976 sales (i.e., deliveries) in October, an increase of 30.5% over October … [continued]
It seems it was a good month in China for EV sales last month, or at least for “smart EV” startups. Along with Xpeng’s record month, NIO saw a strong rise in sales in September. NIO had 21,181 deliveries last month, which was a 35.4% increase over September 2023. Extrapolating … [continued]
We’ve got some good news and some meh news regarding hot, fun EV startups Xpeng and NIO. Both Chinese automakers just reported their August sales numbers, and the long-term trends look good, but it wasn’t a spectacular month of growth. Xpeng Sales Growth Let’s start with Xpeng, since it provided … [continued]
NIO continues to grow. At the turn of the month, I focused on covering Xpeng because it had a flurry of news come in, and also boasted 5 months in a row of EV sales growth — both month over month and year over year! However, I didn’t get back … [continued]
NIO Achieved Record Deliveries of 21,209 in June In June 2024, NIO delivered 21,209 vehicles, representing an increase of 98.1% year-over-year. NIO delivered 57,373 vehicles in the second quarter of 2024, representing an increase of 143.9% year-over-year. From January to June 2024, NIO delivered 87,426 vehicles, representing an increase of … [continued]
