Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground


Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022.


Chinese electric vehicle maker Nio delivered more than 7,000 vehicles in May, up 4.7% from a year ago but well below its current production capacity, as Covid-related disruptions continued to limit the company’s manufacturing and its ability to deliver vehicles to customers.

Nio said in a statement that its manufacturing had been “gradually recovering” in May from pandemic-related disruptions, but that its ability to deliver vehicles was “still constrained to a certain extent” by lockdowns and other measures imposed to limit the spread of new Covid variants in some regions of China.

Nio is working…


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