NIO Achieves Strong EV Sales in February, Initiates Battery Swap Network in Europe
NIO, the Chinese electric vehicle (EV) start-up had a profitable sales result in February, delivering 12,157 cars, a 98% YoY increase.
Their majority of sales were in China.
The company's crossover/SUV sales reduced 18% YoY to 5,037 units, while electric sedan sales added to 7,120 units.
NIO managed to sell over 122,000 EVs globally in 2022, and cumulative sales amounted to 310,219.
NIO is upgrading to the new NT 2.0 platform and discounting some older NT 1.0 models.
NIO has commenced operations of its first EV battery swap station in Denmark.
The automaker now has 1,331 swap stations and 350 fast charging stations world over.
The automaker now has 1,331 swap stations and 350 fast charging stations world over.
NIO aims to install an additional 1,000 battery swap stations in 2023, taking the total to over 2,300 by the end of the year.
NIO's expansion in Europe and access to third-party charging stations is an advantage for its customers.
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