Summary by Moomoo AI
ULAI GROUP DELIVERED 18,012 VEHICLES IN DECEMBER 2023, AN INCREASE OF 13.9% YEAR-ON-YEAR, INCLUDING 12,048 SUVS AND 5,964 SEDANS. Deliveries in the fourth quarter amounted to 50,045 vehicles, an increase of 25.0% year-on-year, and cumulative deliveries of 160,038 vehicles over the year, an increase of 30.7% year-on-year. By the end of 2023, Ullai has delivered 449,594 vehicles in total. Ulai unveiled its flagship smart electric executive flagship ET9 at NIO Day 2023, which is expected to begin delivery in the first quarter of 2025. Since its founding in 2014, ULAI has been dedicated to the design, development, manufacturing and sale of high-end intelligent electric vehicles and driving innovation in autonomous driving and electric technology. The company's shares are listed on the New York Stock Exchange and the Hong Kong Stock Exchange under the stock codes NIO and 9866, respectively.