Only two units were delivered, which is the worst result since its launch in Q4 2021.
Author: Mark Kane
The company aims for 70,000 units this year.
The company aims for 50,000 units in 2023 (annual production guidance).
There are more NIO models and more markets, but sales barely exceed 10,000 units a month.
The company reports that the new P7i sedan's order backlog is gathering strong momentum.
Both production and sales exceeded 400,000 units in Q1.
The Hyundai Ioniq 5 remains above 2,000 units per month, but it's weakening year-over-year.
The Hyundai Ioniq 5 remains above 2,000 units per month, but it's weakening year-over-year.
Is it due to the lack of eligibility for the $7,500 federal tax credit or supply constraints?
The company is reopening order banks for the next wave of reservation holders.