Nio sales up 95% in May chinadaily.com.cn | Updated: 2021-06-01 17:17 The Nio ES6, an all-electric, mid-size sport utility vehicle manufactured by Chinese electric-vehicle maker Nio, is on display at a store in Beijing on Jan 9. [Photo provided to China Daily]
Chinese leading electric car startup Nio said on Tuesday that it delivered 6,711 vehicles in May, up 95.3 percent from the same month last year.
The cumulative deliveries of the New York-listed startup s three models reached 109,514 vehicles by the end of last month.
Nio said its deliveries in May was affected by chip shortages and logistical adjustments, but it will accelerate vehicle delivery in June to make up for the delay caused last month.
Discounts launched to lure new plate holders By CAO YINGYING | China Daily | Updated: 2021-05-31 07:09 Share CLOSE BAIC Group displays its Arcfox-branded new energy vehicle at the 2021 Haikou International New Energy Vehicle & Connected Mobility Show in January. [Photo/China Daily]
Lottery announcement stirs up selling frenzy among carmakers as competition intensifies
This year s car number plate lottery in Beijing has caused a frenzy among new energy vehicle makers eager to lure Chinese customers who struck it lucky on the lottery results announcement day.
As in previous years, Beijing offered 100,000 number plates with 60,000 of them specifically allocated for new energy vehicles. For the first time this year, 60 percent of all new plates were allocated for families.
Discounts launched to lure new plate holders--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Auto manufacturers were cautiously navigating a landscape of tenuous global demand before coronavirus pandemic concerns disrupted worldwide production and upset supply and demand. Indeed, the impact on consumption was severe. However, robust balance sheets allowed most automakers to navigate a difficult 2020 safely.
Ensuing such challenging period for auto manufacturers, 2021 has thus far proved optimistic.
Total vehicles sales in China increased 8.6 per cent year-on-year to 2.25 million units in April 2021, a 13th consecutive month of increases and a figure well surpassing that of April 2019 – a pre-pandemic level. Sales of passenger cars rose 10.8 per cent from a year earlier to 1.7 million. Meanwhile, sales of new energy vehicles (NEVs) soared 180 per cent from a year earlier to 206,000 units.