Tag: Demand
NIO Reports Record Delivery of 21,209 EVs in June, Up 98.1% YoY
Chinese electric vehicle manufacturer NIO recently shared its impressive delivery numbers for June and the second quarter of 2024. In June alone, NIO delivered a record-breaking 21,209 electric vehicles, marking a significant 98.1% increase...
EV Sales Soaring, But Tesla Struggles
Recently, there has been a lot of talk about the slow growth of the electric vehicle (EV) market despite dropping prices. Many automakers have shifted their focus to hybrids instead of EVs. However, new...