In the final week of December, NIO delivered 6,500 units, marking a 20% increase compared to the previous week and 14% YoY growth. For December, NIO's total registrations reached 20,000 units, with the ES6 (EL6 in Europe) and ET5 models dominating sales. Additionally, Onvo, NIO's sub-brand, registered 4,200 units of its L60 SUV (+101% WoW), contributing to a December total of 9,405 units.
Key insights:
Tesla posted 18,600 registrations (+6% WoW). Model Y remains the top seller, but Model 3 is gaining traction.
BYD led the market with 72,100 registrations, though this was down 18% WoW and 6% YoY.
Xpeng and Zeekr hit record numbers, with 10,100 and 8,900 registrations, respectively.
📈 Despite mixed signals across the EV sector, NIO’s growth is a promising indicator of its resilience in a competitive market. The rise in Onvo’s L60 SUV registrations further highlights potential in NIO's multi-brand strategy.
I'm back in the game. I sold my entire position at 7.47 on September 30, and people thought I was crazy. Anyway, I recently bought back around 4.55. This stock is playing yo-yo with our nerves, haha.
Next target? Early March 2025 (Fibonacci time extension) for a gain between +25% and +45%. Good luck to everyone!
sorry for all the drawings, this is my personal chart.
Key insights:
Tesla posted 18,600 registrations (+6% WoW). Model Y remains the top seller, but Model 3 is gaining traction.
BYD led the market with 72,100 registrations, though this was down 18% WoW and 6% YoY.
Xpeng and Zeekr hit record numbers, with 10,100 and 8,900 registrations, respectively.
📈 Despite mixed signals across the EV sector, NIO’s growth is a promising indicator of its resilience in a competitive market. The rise in Onvo’s L60 SUV registrations further highlights potential in NIO's multi-brand strategy.
I'm back in the game. I sold my entire position at 7.47 on September 30, and people thought I was crazy. Anyway, I recently bought back around 4.55. This stock is playing yo-yo with our nerves, haha.
Next target? Early March 2025 (Fibonacci time extension) for a gain between +25% and +45%. Good luck to everyone!
sorry for all the drawings, this is my personal chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.