NIO’s Post

NIO delivered 21,209 vehicles in June 2024, representing an increase of 98.1% year-over-year. The deliveries consisted of 11,581 premium smart electric SUVs, and 9,628 premium smart electric sedans. NIO delivered 57,373 vehicles in the second quarter of 2024, representing an increase of 143.9% year-over-year. Cumulative deliveries of NIO vehicles reached 537,020 as of June 30, 2024. More information can be accessed through the following link: https://lnkd.in/gJYf32VX

A relatively new brand to the market, NIO, is quickly climbing and boxing out former market share leaders. The OEMs in China are doing some amazing things to bring technology to market quickly. That's good for the consumer. That's bad for competition. Brand power in China is giving way to technology leadership. How can you get your products launched more quickly, how can you be first to market in a category? That's how you win the market share battle. That's how you win the consumer's mindshare. #nio #winpointcommunications #brandstrategymatters #newproductlaunch https://lnkd.in/eGUmkhkh

Thailand, electric vehicle (EV) registrations surged by nearly 380 per cent in 2023 compared to the previous year, according to a report released by EVAT (Electric Vehicle Association of Thailand).New registrations of BEVs, particularly electric cars, totaled 76,366 in 2023, compared to 9,678 in 2022. The total number of new registrations of EVs of various types rose to 100,219 in 2023, a 380% increase from 20,816 registered in 2022. https://lnkd.in/gTMPPaPy

Interesting to see the post below from Automotive Services International Ltd (ASI) The data would suggest that the BEV market appears to be overheating with incentives rising to try and offset the supply demand imbalance. Q3 for some brands will see back orders fulfilled and unsold BEV inventory arriving. As the EV market moves on from appealing to early adopters and fleet buyers to targeting mainstream retail consumers it will be insightful to see who the winners and losers are. All will be revealed when the dust settles at the end of September. #automotive

Interestingly, while volume for new electric vehicles increased by 29% compared to January 2023 figures, EVs took just 12% of the total market share in January 2024, with 120,536 registered. This marks the lowest levels recorded for new registrations since their 10% share in January 2023. #EVs #BEVs #ElectricCar #Automotive

While electrical Heavy Good Vehicles (HGVs) have numerous benefits over their diesel counterparts, they also present challenges that need to be addressed. Fortunately, we have developed a methodology to help you effectively transition your HGVs to EV. Find out more about the problems HGVs pose and how we can help tackle them: https://bit.ly/4c3JgjY #EV #HGV #Fleet

Statistics Canada | Statistique Canada is releasing its first round of new vehicle registration data for 2023. And while the numbers for zero-emission vehicles (ZEVs) in Q1 aren’t quite as strong as they were at the end of Q4 2022, there are some market growth indicators. #electricvehicles #zeroemissionvehicles #zevregistration #evs https://lnkd.in/e_9zd8zY

Special Application Vehicles (SAVs) have emerged as important role players in various industries, catering to specific needs that generic vehicles cannot adequately address. Know More: https://bit.ly/3QhFOdK #specialapplicationvehicles #automotiveindustry #manufacturing #JCBL #mobilitysolutions #MovingTheNation

Following the release of the new DfT Vehicle Stats yesterday, we have updated the #GreenFleetIndex for Quarter 1 2023. So, whatever you have read emphasising sales of EVs increasing by 19% since last year, or that 15% of vehicle sales were fully electric, what matters most is how far they are driven..... In Q1 2023, Zero Emission Vehicles made up only 2.4% of UK car mileage. Clearly there is some way to go, but as ZEVs currently only make up 2.0% of the car fleet, the signs are that they are beginning to pull their weight (though we acknowledge that as EVs tend to be newer than average, the higher mileage by new vehicles pattern may simply be the cause of this - more analysis to follow soon). See more info (and pretty charts) here: https://lnkd.in/eJQXQjgg RAC Foundation Ivo Wengraf Philip Gomm Steve Gooding #VehicleStats #EVs #BEVs #ZEVs