NIO expects second-quarter sales and revenue to grow

NIO expects deliveries in the second quarter to be between 72,000 and 75,000 vehicles, an increase of approximately 25.5% to 30.7% over the same period last year. The total revenue target is between RMB 19.513 billion and RMB 20.068 billion, an increase of approximately 11.8% to 15.0% over the same period last year.