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In April, NIO delivered 15,620 new vehicles, marking a 134.6% year-on-year increase and a 31.6% month-on-month growth, securing the top spot in the high-end pure electric vehicle market.

La Mu Thu, May 02 2024 09:42 AM EST

NIO has now delivered a total of 495,267 new vehicles, with the production of the 500,000th vehicle scheduled for this month. Additionally, in May, NIO introduced a "0 down payment" car purchase plan and offers up to a 20,000 yuan exclusive subsidy for trade-ins.

The highly anticipated launch of NIO's new sub-brand, Lixiang, with its first model Lixiang L60, is imminent. Positioned as an electric vehicle with swappable batteries similar to the Model Y, the Lixiang L60 boasts larger dimensions, higher specifications, and a lower price.

NIO has been steadfast in its approach to battery swapping. As of April 25th this year, NIO has established 2,404 battery swap stations in China, connecting a network across 7 vertical and 6 horizontal routes in 11 major city clusters, ensuring worry-free high-speed travel.

Notably, NIO has launched 38 supercharging stations and 200 supercharging piles at service areas along highways in Anhui today, completing the province's high-speed charging and swapping network.

In urban areas, with an 80% coverage rate of "power swap stations," over 80% of NIO users have at least one nearby within a 3km radius of their home or workplace. NIO has provided users with over 42 million battery swaps, equivalent to a car departing from a swap station fully charged every 1.3 seconds. Sad7eaf0a-11af-4ceb-ba0a-8acc907f8134.jpg