Type above and press Enter to search. Press Esc to cancel.

  1. Green Auto World
  2. What's happening with Electric cars and clean energy vehicles
  3. NIO exceeds 400 vehicle deliveries daily in 2023, marks double-digit growth

NIO exceeds 400 vehicle deliveries daily in 2023, marks double-digit growth

21 Oct 2023
  • What are the intrigues behind NIO's growth?

As the electric vehicle (EV) landscape undergoes constant transformation, numerous players are vying to solidify their positions and satisfy the surging consumer demand in an increasingly competitive environment. Within this competitive EV sector, NIO stands out for its impressive achievement of robust double-digit growth in delivery units.

In particular, data acquired and calculated by Finbold indicates that in 2023, between Q1 and Q3, NIO hit 109,993 vehicle deliveries. This translates to an average of approximately 400 daily deliveries throughout the year and represents a year-over-year (YoY) growth of 33.43%, an increase of 82,434 over the same period in 2022.

A breakdown of the quarterly deliveries shows that in Q3 of 2023, NIO delivered 55,432 units, signifying a 75.37% growth compared to the 31,607 units delivered during the same quarter in 2022.

Looking back to Q2 2022, NIO had 23,520 vehicles, experiencing a minor 6.14% decrease from the 25,059 delivered a year prior. In Q1 2023, NIO delivered 31,041 vehicles, demonstrating a growth of 20.46% compared to the corresponding period of the previous year, which recorded 25,768 units.

Intrigues behind NIO’s growth

Intrigues behind NIO’s growth

The research highlighted some of the intrigues behind NIO’s growth in delivery units over the past year. According to the research report:

“The growth in NIO deliveries comes in the backdrop of the company navigating a business environment characterized by geopolitical tensions and logistics challenges. The company has been making strides in the industry regarding vehicle production and technology, infrastructure, and customer experience, contributing to its growth. The figures highlight China's increasing role in electric vehicle innovation and emphasize its competition with well-established automotive giants in Europe and the United States.”

Amid the growth, NIO faces challenges like fierce competition and supply chain issues but is well-positioned to benefit from the global shift toward electric vehicles and cleaner transportation.

Motor 283

BY Motor 283

Motor 283 is the biggest automotive website created by a team of automotive enthusiats and this author page is used to show the readers the press releases and news posted on Motor 283 website.

Everrati and W Motors Join Forces to Further Develop and Manufacture EVs

23 May 2024
Everrati and W Motors Join Forces to Further Develop and Manufacture EVs

Everrati, the leading technology company specializing in redefining and future-proofing automotive icons through cutting-edge electric vehicle (EV) powertrains, is delighted to announce a strategic partnership with W Motors, a luxury hypercar manufacturer and mobility solutions provider based in Dubai, UAE. This collaboration is set to revolutionize the landscape of bespoke electric vehicles across multiple sectors in the Middle East and beyond.

AW Rostamani Group Drives Sustainable Mobility at Electric Vehicle Innovation Summit With Zeekr

23 May 2024
AW Rostamani Group Drives Sustainable Mobility at Electric Vehicle Innovation Summit With Zeekr

AW Rostamani Group (AWR), a leading conglomerate in the UAE, has announced its sponsorship and active participation in this year’s Electric Vehicle Innovation Summit (EVIS). Taking place from May 20-22 at ADNEC, Abu Dhabi, the summit will showcase AWR’s commitment to the future of mobility through its premium electric vehicle brand, Zeekr – newly introduced in the UAE to cater to the rising demand for EVs in the country.

AWR's participation aligns with the UAE's ambitious EV goals and its dedication to sustainable mobility. At the summit, Roberto Colucci, Director of Zeekr UAE, AW Rostamani Group, will contribute to a panel discussion titled 'Roadmap to Electrification – Insights into the Middle East EV Market.' The panel will explore challenges, solutions, and best practices for successful EV market development in the region.

Latest project from CALLUM to make global public debut at Concours on Savile Row

23 May 2024
Latest project from CALLUM to make global public debut at Concours on Savile Row

CALLUM SKYE, the first own brand vehicle fully developed in-house by the British design and engineering business CALLUM, will be seen in public for the first time at Concours on Savile Row, London on 22-23 May 2024.

The pioneering, high-performance, all-wheel-drive, multi-terrain electric vehicle was announced in November 2023 to global critical acclaim. The first running prototype will be displayed outside Edward Sexton’s store throughout the free-to-attend event that celebrates the long history that car manufacturers and tailors share.

Engineered to offer an exhilarating and rewarding driving experience both on- and off-road, SKYE has been crafted to ensure the utmost capability, refinement and beauty for discerning adventurers. As an all-electric vehicle, it’s powered by a 42kWh battery with anticipated range of 170 miles, with the option to specify an ultra-fast charging battery for full charge in under ten minutes. Measuring 4,047mm in length and 1,900mm in width, and weighing just 1,150kg, it boasts sportscar performance with 0-60mph achieved in under four seconds.

“The CALLUM SKYE is bold, beautifully engineered and crafted with refinement and craftsmanship. The same can be said for the world-leading bespoke tailoring that exists on Savile Row. We can’t wait to see and hear the reactions of event visitors who will be the first to see SKYE in person,” says David Fairbairn, managing director, CALLUM. “Compact, capable and extremely beautiful, we’re confident that this representation of the SKYE exterior will turn heads, as we invite those interested in commissioning a CALLUM SKYE to reserve their build slot.”