NIO delivered about 6,000 sedans in Nov but that just a teaser compared to what its competitors did and that's why I am excited for NIO because it is the early mover in the premium NEV (new energy vehicle) market within China! Audi, BMW, and Mercedes delivered about 65,000 ICE (internal combustion engine) vehicles in November and with China transitioning to all NEV sales by 2035, my hope is that NIO can take over a large piece of this market share before those three brands can pivot into the NEV space. The graph shown in the video is linked below for anyone who wants to check it out.
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