Nio Achieves Record Vehicle Deliveries with 21,209 in June and 57,373 Q2

AinvestMonday, Jul 1, 2024 5:41 am ET
1min read

Nio reported a record 21,209 vehicle deliveries in June, a 98.1% increase YoY, and 57,373 deliveries in Q2, marking a 143.9% YoY rise. The company's cumulative deliveries reached 537,020 as of June 30, 2024. Nio also released its 2023 ESG report, demonstrating its commitment to sustainability and corporate responsibility.

Nio, the premium smart electric vehicle company based in China, reported a remarkable increase in vehicle deliveries for June, according to its latest press release [1]. With a total of 21,209 units delivered, Nio experienced a substantial year-over-year (YoY) growth of 98.1%. This figure represents an impressive addition to the 66,217 vehicles delivered year-to-date (YTD) in 2024, indicating a robust 51.0% YoY increase.

As of June 30, 2024, Nio's cumulative deliveries had reached an impressive milestone of 537,020 units [1]. This significant growth can be attributed to Nio's expanding strategic partnerships, such as its recent collaboration with GAC Group and FAW Group, which further solidifies its commitment to establishing a rapidly evolving battery swapping ecosystem [1].

Nio's dedication to sustainability and corporate responsibility is also noteworthy. The company recently released its 2023 Environmental, Social, and Governance (ESG) report [2], further demonstrating its commitment to these important issues. By prioritizing both innovation and responsibility, Nio continues to distinguish itself as a leading player in the global electric vehicle market.

In summary, Nio's June vehicle delivery results showcase the company's impressive growth and commitment to innovation and sustainability. With a YoY increase of 98.1% and a YTD increase of 51.0%, Nio is well on its way to achieving its goals and shaping the future of the premium electric vehicle market.

References:
[1] Nio Inc. (2024, June 1). NIO Inc. Provides May 2024 Delivery Update. Retrieved from https://ir.nio.com/news-releases/news-release-details/nio-inc-provides-may-2024-delivery-update
[2] Nio Inc. (2023, April 25). NIO Releases 2023 ESG Report. Retrieved from https://ir.nio.com/news-releases/news-release-details/nio-releases-2023-esg-report