CleanTechnica•25 days ago
NIO Sales Soar 76%
- •NIO, an electric vehicle (EV) manufacturer, reported significant sales growth of 76.3% year-over-year, delivering 36,275 vehicles in November, marking its second-highest sales month on record.
- •This sustained high growth in EV adoption signals a rapidly increasing demand for electrical power and charging infrastructure, impacting grid load profiles and requiring substantial grid modernization and expansion.
- •For developers and IPPs, this trend indicates a growing market for new generation (especially renewables), energy storage, and transmission projects to support the electrification of transport.
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