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Jul 9 at 02:50 AM
$NIO Inc(NIO.US) Nio Inc surpassed 150,000 cumulative new vehicle deliveries in Shanghai as of July 8, 2026, contributing significantly to a total of 1.19 million vehicles delivered in China. The company ranked first in Shanghai's passenger vehicle market with 16,582 retail sales from January to May 2026, driven by strong demand for models like the ES9 and ES8. Nio's expansion includes a new battery R&D base in Shanghai, aimed at enhancing its manufacturing and research capabilities while supporting impressive year-on-year growth in vehicle deliveries. Despite the impressive feat, I'm closely monitoring the company due to China's strict regulatory policies as well as intense multi front EV competition. @Captain's Treasure
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