Regarding popular models including ET5, Pu Yang, assistant vice president of operations at NIO, said, “We confirm that we will not reduce prices through ET5 allocation reduction or equity reduction. Puyang judged that in the second half of this year, the total electric vehicle market, especially the luxury electric vehicle market, will become larger. NIO will maintain a penetration rate of about 60% in the high-end pure electric market of more than 300,000 yuan, and is very confident of achieving a new high this year.
Previously, NIO released the latest data showing that in January ~ February 2023, NIO delivered a total of 20,700 new vehicles, a year-on-year increase of 30.9%. Among them, NIO delivered about 12,200 new vehicles in February, a year-on-year increase of 98.3%. “In the first quarter of 2023, the company expects to deliver 31,000~33,000 units, with revenue of 10.62 billion ~ 11.54 billion yuan. NIO Chairman Li Bin said.
