NIO surged nearly 20% during the session, with deliveries in April up 134.6% year-on-year

NIO's stock opened higher on the 2nd, rising by more than 19% during the session. In April 2024, NIO delivered 15,620 new cars, a year-on-year increase of 134.6% and a month-on-month increase of 31.6%. So far, NIO has delivered a total of 495,267 new cars. In addition, NIO launched a "0 down payment" car purchase plan in May, and "trade-in" can enjoy an exclusive subsidy of up to 20,000 yuan. This month, the company will usher in the production of the 500,000th mass-produced car.