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robotics/news//Benzinga
May Deliveries Jump 62% from a year earlier.
NIO delivered 37,705 vehicles in May, a 62.3% increase year-over-year.
KEY POINTS
May deliveries included 12,029 vehicles from the ONVO brand and 5,663 from FIREFLY.
The ES9 flagship executive SUV launched May 27 with deliveries starting the next day.
The All-New ES8 led sales in its segment for five consecutive months above 400,000 yuan.
May Deliveries Jump 62%
The Chinese electric vehicle maker delivered 37,705 vehicles in May, up 62.3% from a year earlier. Deliveries included 20,013 vehicles from the NIO brand, 12,029 from ONVO and 5,663 from FIREFLY.
Year-to-date deliveries reached 150,526 vehicles through May, an increase of 68.7% from the same period last year. Cumulative deliveries totaled 1,148,118 vehicles as of May 31.
New SUV Launches Support Growth
According to the company, the L80 has received strong customer feedback since launch and is helping drive battery electric vehicle adoption in the large five-seat SUV segment.
The company also highlighted the performance of the All-New ES8, which ranked No. 1 in sales among vehicles priced above 400,000 Chinese yuan across all powertrain categories for five consecutive months as of May.
ES9 Targets Premium Executive SUV Market
On May 27, the company launched the ES9, its flagship executive SUV, with deliveries starting May 28.
The company said the ES9 combines flagship smart technologies, executive-level comfort and space, and a full-domain 900V high-voltage architecture integrated with NIO’s charging and battery-swapping network.
The electric vehicle maker described the model as the culmination of 11 years of innovation and said it strengthens the company’s position in the premium electric vehicle market.
Founded in 2014, NIO develops and sells smart electric vehicles under the NIO, ONVO and FIREFLY brands.
NIO Stock Price Activity: NIO shares were up 6.79% at $5.978 at the time of publication on Monday, according to Benzinga Pro data.
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