NIO - Chinese EV maker BYD June sales up 224% Y/Y exceeds 100000 units for fourth consecutive month

July, 05 2022 10:24 AM NIO Inc. American depositary shares each representing one Class A

Warren Buffett-backed Chinese electric vehicle manufacturer, BYD ( OTCPK:BYDDF ) reports June sales up 224.02% Y/Y and 16.61% M/M to 134,036 vehicles.
The Chinese automaker exceeded the 100K delivery mark for the fourth consecutive month.
The company sold 133,762 new energy passenger vehicles and 274 new energy commercial vehicles in June.
Q2 sales jumped 255.63% Y/Y and +24% Q/Q to 355,021 NEVs.
On YTD basis, the company sold 641,350 NEVs, up 314.9% Y/Y.
Shares up 12.5% on YTD basis.
A quick look at the company's monthly sales trend:
Peers, NIO ( NIO ) delivered 12,961 vehicles (+60.3% Y/Y) in June 2022, XPeng ( XPEV ) delivered 15,295 Smart EVs (+133% Y/Y) and Li Auto ( LI ) delivered 13,024 Li ONEs (+68.9% Y/Y).

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Company Name:	NIO Inc. American depositary shares each representing one Class A
Stock Symbol:	NIO
Market:	NYSE
Website:	nio.com