SHANGHAI, May 29 (Xinhua) -- NIO Inc., a pioneer in China's premium electric vehicle market, announced Tuesday that the company has finished mass production of its ES6, the second model of the young company, and will start delivery in June.

"The trend of new energy vehicles is faster and stronger than expected and I think more and more people are recognizing Chinese carmakers' advanced technology and ambition to lead," said William Li, founder and CEO of NIO.

The company has received more than 12,000 orders for the ES6, with over 5,000 orders placed since April's Auto Shanghai 2019.

The automaker's first model has been well-received by the market. Over 16,800 ES8 SUVs were delivered in 257 Chinese cities since the end of last May.

Founded in November 2014, the Shanghai-headquartered company also operates R&D centers in cities including Beijing, San Jose, Munich and London. NIO completed its initial public offering on the NYSE last September.