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06 May
12:33

Nio targets expansion at home and abroad with new brands

Chinese smart electric vehicle company Nio reported a 134.6% year-on-year rise in its deliveries in April to 15,620 units. With the performance, which includes a 31.6% on-month increase, Nio was the third most-sold NEV new force brand in the country in April. It was only behind Li Auto and Aito.  In an interview with Kallanish, a company insider shared that while Nio is striving to increase its market share at home and abroad, it will continue to launch lower…
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