Nio Reports Record May Deliveries with 62.3% Yearly Growth

Nio Inc delivered 37,705 vehicles in May, representing a 62.3% increase compared to the same month last year and a 28.44% rise from April.

This total marks the highest monthly delivery figure for the company so far this year. From January through May, cumulative deliveries reached 150,526 units, reflecting a 68.70% year-on-year increase.

The strong performance was largely driven by its Onvo sub-brand, which delivered 12,029 vehicles in May. This represents a 91.51% surge year-on-year and a 124.76% jump from the previous month.