Strategy Note /
China

NIO in April 2021 – Fresh sales record, new major partnership

  • China's NEV sales penetration rate rose to 11.4% in March and NIO's share in China's NEV market reached 3.4%

  • Notwithstanding, the Chinese premium EV market is entering a 'no apple to fall' situation

  • NIO is now building EV infrastructure with Sinopec

Niko Yang
Niko Yang

Senior Analyst

EqualOcean
3 May 2021
Published byEqualOcean

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