i.wish NIO cross below $6"Nio said it delivered 31,041 vehicles in the first quarter, up by 20.5% year-on-year. Another U.S.-listed Chinese electric car brand, Li Auto, saw first quarter deliveries jump by more than 60% to more than 52,000 vehicles. BYD remains by far the dominant market player in China. It sold 264,647 purely battery-powered passenger cars in the first three months of the year, up more than 80% from a year ago. Hybrid passenger vehicle sales doubled from a year ago to 283,270 in the first quarter.
In the last two years, Nio began deliveries to European countries such as Norway and Germany.
When asked about U.S. market, NIO's CEO said the company was proceeding with its plans. “But we know challenges will certainly be greater and greater,”