Nio delivers 23,900 vehicles in April, up 53%

Nio (NIO) announced its April delivery results. The Company delivered 23,900 vehicles in April, representing an increase of 53% year-over-year. The deliveries consisted of 19,269 vehicles from the company’s smart electric vehicle brand Nio, 4,400 vehicles from the company’s family-oriented smart electric vehicle brand Onvo, and initial deliveries of the company’s small smart high-end electric car brand Firefly, which started in late April. Cumulative deliveries reached 737,558 as of April 30.