Elon Musk lauds Nio's 100,000th EV milestone

Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony in Berlin, Germany on December 1, 2020. /CFP

Tesla's CEO Elon Musk congratulatedChina's Nio for producing its 100,000th electric vehicle (EV)in Hefei, Anhui Province. It took Tesla 13 years to achieve, while Nio reached the goal in just three years.

Musk wrote"Congrats to Nio. That is a tough milestone" Saturday on his Twitter account and the Chinese Twitter-like social media site Weibo.

A screenshot of Elon Musk congratulating Nio's 100,000th EV. /Twitter

Li Bin, founder, chairman and CEO of Nio once expressed that "China is really the best place in the world to start a business for smart vehicles. No matter if it's for manufacturing smart, electric or automotive cars, or the supply chain, talents and the market, there's no other country better than China. We're very lucky."

According to the data released by Nio, the automakerdelivered 7,257 EVs this March with a new record. Also, a total of 20,060 Nio EVs were delivered in the first quarter of 2021, achieving a year-on-year increase of 422.7 percent.