Chinese electric vehicle (EV) manufacturer NIO has reported a significant surge in deliveries for June and the second quarter of the year. According to the company's latest update, NIO delivered 12,961 vehicles in June, marking a 27% increase from the same period last year. This growth is part of a larger trend, with the company delivering 34,331 vehicles in the second quarter, a 26% year-over-year increase. The strong delivery numbers are a positive sign for NIO, which has been working to expand its presence in the competitive EV market.
NIO Reports Strong Delivery Growth for June and Q2 GuruFocus
