According to NIO statistics, in May 2024, the company delivered 20544 new cars, a year-on-year increase of 233.8% and a month on month increase of 31.5%, setting a new historical high; From January to May 2024, NIO delivered 66217 new cars, a year-on-year increase of 51%. As of now, NIO has delivered a total of 515811 new cars. NIO has achieved a historic high in delivery volume and exceeded 10000 units for ES6/EC6 dual vehicles, while also becoming the first high-end pure electric brand in the industry to deliver over 500000 units.
According to the person in charge of NIO, the delivery data was obtained during the smooth sales period of NIO models. There are two important reasons for the recent positive trend of NIO orders: firstly, the 2024 model has high computing power, and intelligent driving is widely promoted in all areas, showing everyone the practical ability and potential of NIO's high computing power. The second is that consumers are increasingly recognizing the benefits of battery swapping for pure electric vehicles, such as the convenience of energy replenishment and the anxiety of no battery decay. In addition, BaaS price adjustments and promotions have provided users with more discounts.
In addition, NIO officials have stated that compared to the past when consumers still had concerns and doubts about the range of pure electric vehicles, Chinese consumers are increasingly accepting of pure electric vehicles. The penetration rate of pure electric vehicles in 2022 was 20.7%, in 2023 it was 23.7%, and in April 2024 it reached 26%. In addition, the entry of brands such as Xiaomi into the market has further boosted consumer recognition of pure electric vehicles.
For NIO, the new policy of NIO BaaS reduces the threshold and cost for users to purchase cars, and also plays a boosting role in sales. On March 18, 2024, NIO released a new BaaS battery rental service, adjusting the standard battery rental service fee from 980 yuan/month to 728 yuan/month, and the long-term battery rental service fee from 1680 yuan/month to 1128 yuan/month; At the same time, we also offer a battery rental service fee of 4 for 1 free.
In terms of intelligent driving, as of May 31, the cumulative mileage of NIO's intelligent driving urban verification has exceeded 350 million kilometers, an increase of 30.97 million kilometers compared to the previous month, equivalent to nearly 6 road verifications across the country within a month. The total available mileage for NIO intelligent driving road verification has exceeded 1.39 million kilometers, an increase of 191000 kilometers compared to the previous period. Among them, the available mileage in urban areas exceeds 1.03 million kilometers, and the available mileage on highways/elevated roads exceeds 360000 kilometers.