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 didn’t not provide a breakdown of individual models. 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. Battery Swap Stations and Expansion in Europe NIO has commenced operations of its … Continue reading NIO Achieves Strong EV Sales in February, Initiates Battery Swap Network in Europe