NIO announces March and Q1 2023 delivery results.
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NIO announces March and Q1 2023 delivery results.

The NIO delivery results show 10,378 EV deliveries in March and 31,041 in the first quarter of 2023.

NIO Inc., a pioneer and leading company in the premium smart electric vehicle market, announced its March and first quarter 2023 delivery results, revealing that it delivered 10,378 vehicles in March 2023, consisting of 3,203 premium smart electric SUVs and 7,175 premium smart electric sedans.

The company delivered 31,041 vehicles in the first quarter of 2023, representing a 20.5% year-over-year increase. Cumulative deliveries of NIO vehicles reached 320,597 as of March 31, 2023.

The company’s third-generation Power Swap station deployment in China began on March 28, 2023, with each station having a service capacity of up to 408 swaps per day. As of March 31, 2023, NIO had deployed 1,339 Power Swap stations, 1,285 Power Charger stations with 6,467 chargers, and 1,154 destination charging stations with 7,993 chargers worldwide. NIO is planning to speed up the expansion of the battery-swapping network and intends to install 1,000 Power Swap stations in 2023.

In addition, NIO has been gradually releasing NOP+ Beta to vehicles based on NIO Technology 2.0 (NT2.0). More than 30,000 users have activated and engaged with NOP+ Beta since its debut on December 27, 2022, and the cumulative mileage has exceeded 15 million kilometers. Powered by NIO’s full-stack in-house-developed intelligent driving technologies and closed-loop data management, NOP+ Beta has achieved significant improvements in aspects of sense of reassurance, comfort, and efficiency. Going forward, NIO will gradually deliver more features through over-the-air updates to continue improving users’ intelligent driving experience.

NIO’s delivery results show that the company continues to gain traction in the premium smart electric vehicle market, with a steady increase in sales figures. The expansion of its battery-swapping network is also a positive sign for the company, as it provides a unique and convenient solution for drivers to charge their vehicles.

Also Read: Hyundai IONIQ 5 N undergoes extreme winter testing ahead of July 2023 launch.

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