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.
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.
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ZEEKR AWR proudly announces its first-ever participation in WETEX, the region’s largest sustainability, clean energy and technology exhibition. Showcasing its commitment to innovation and sustainability, ZEEKR AWR is presenting its premium electric mobility brand at this year’s WETEX event at the Dubai World Trade Centre from October 1 to 3, 2024. WETEX, hosted by Dubai Electricity and Water Authority, serves as a major platform for sustainable innovation in energy, water, and environmental sectors.
ZEEKR AWR’s presence at WETEX underscores its strategic objective of fostering the adoption of electric vehicles (EVs) in the UAE, aligning with the nation’s net-zero goals. At Stand 16, in Sheikh Maktoum Hall, ZEEKR AWR will display two ZEEKR models: the ZEEKR 001, a premium electric shooting brake with a sleek, aerodynamic design and impressive range, and the ZEEKR X, a compact SUV featuring state-of-the-art safety and versatile interior space.
The Kia EV9 has won the highly coveted Gold trophy at the 2024 International Design Excellence Awards (IDEA) presented by the International Designers Society of America (IDSA).
The prize marks Kia’s first Gold IDEA accolade and a clean sweep of the three most important global design awards for the brand following the EV9’s successes at the Red Dot ‘Best of Best’ and iF Design Gold awards earlier this year.
Kia received the prestigious Gold trophy in the Automotive and Transportation category for its EV9 all-electric flagship SUV at the IDEA 2024 awards ceremony, which took place on September 12 at the Palmer Events Center in Austin, Texas. This accolade reinforces the EV9's design excellence and originality, and the innovative nature of Kia’s acclaimed ‘Opposites United’ creative philosophy.
Karim Habib, Executive Vice President and Head of Kia Global Design, said, “Guided by the principles of our 'Opposites United' creative philosophy, at Kia we are dedicated to the creation of inspiring and authentic products that fulfil customers' emotional needs just as powerfully as they do their mobility, practicality and sustainability requirements.
“Good design should always represent the relationship between our users, our products, and our brand, and we believe that the EV9 achieves that. To have the creative and innovative nature of our design values recognized – first by the Red Dot and iF Design Awards, and now with a Gold at IDEA – is immensely gratifying, not just for the Kia design team, but for all our global colleagues. Such recognition inspires us to continue pursuing groundbreaking sustainable mobility solutions for our customers.”
Adamas Motor Group, the official dealer of Lotus Cars in the United Arab Emirates, has officially introduced the 2025 Lotus Emeya hyper-GT during a private VIP event held in the futuristic city of Dubai.
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