The Chinese automobile manufacturer Nio announced yesterday that it delivered 31,138 cars last December, an increase of 72.9% on an annual basis compared to 2023. The company said that it delivered 72,689 cars during the last quarter of 2024, an increase of 45.2%. % on an annual basis compared to the year 2023, and the company added that it delivered 221 thousand and 970 cars during the year 2024. In its entirety, an increase of 38.7% compared to 2023.
The company plans to inject 13.3 billion yuan ($1.9 billion) into its Chinese unit with a mix of its cash and strategic investor funds, and these amounts will be used to expand charging infrastructure and develop battery swapping technology.
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