Nio’s EV Production Picks Up Pace, Should Hit Record Levels This Year

investorplace2022-05-04

Nio (NYSE:NIO) announced on May 2 that it reached 5,074 electric vehicle (EV) deliveries in April 2022. Moreover, its year-to-date (YTD) deliveries reached an all-time record up, 13.5% year-over-year ...

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Comments

Coyotero
2022-05-05
Coyotero
Chepa
SlowNana
2022-05-05
SlowNana
[Happy]
SCLIEW
2022-05-05
SCLIEW
666
Looyusooi
2022-05-05
Looyusooi
Ok
Cedric77
2022-05-05
Cedric77
That's great!
BlueDragon
2022-05-05
BlueDragon
Nice

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Moreover, its year-to-date (YTD) deliveries reached an all-time record up, 13.5% year-over-year ...</p>\n\n<a href=\"https://investorplace.com/2022/05/nio-stock-could-hit-record-levels-again-once-its-ev-production-gets-back-in-gear/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://investorplace.com/2022/05/nio-stock-could-hit-record-levels-again-once-its-ev-production-gets-back-in-gear/","article_id":"1164620269","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164620269","pubTimestamp":1651657401,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Nio (NYSE:NIO) announced on May 2 that it reached 5,074 electric vehicle (EV) deliveries in April 20","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来"},"translate_title":"蔚来电动汽车产量加速增长，今年应创历史新高","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0,"NIO.SI":0},"content_text":"Nio (NYSE:NIO) announced on May 2 that it reached 5,074 electric vehicle (EV) deliveries in April 2022. Moreover, its year-to-date (YTD) deliveries reached an all-time record up, 13.5% year-over-year (YoY). This was at the level of 30,842 EVs YTD. If this pace keeps up for the whole year, NIO stock could get a significant boost.This is quite a feat especially given that the company has faced the shutdown of its plants. This was due to the harsh Covid-19 restrictions by the Chinese authorities starting in late March through April. Nio decided to suspend production on April 9 after the country’s measures to contain the recent surge of Covid-19 cases disrupted operations at its suppliers.Reuters reported that strict lockdown measures were put in place in Jilin province and Shanghai where the plants of Nio’s major auto part makers and other automakers are located. 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