#NIO JULY DELIVERIES 2021 FULL#

NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. is a pioneer and a leading manufacturer of premium smart electric vehicles in China. As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles. NIO delivered 21,896 vehicles in the three months ended June 2021, a new quarterly record representing a strong increase of 111.9% year-over-year. The deliveries consisted of 1,498 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 3,755 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,830 EC6s, the Company’s five-seater premium smart electric coupe SUV. NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results. SHANGHAI, China, J(GLOBE NEWSWIRE) - NIO Inc. Cumulative deliveries of the ES8, ES6 and EC6 as of Jreached 117,597.

NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year.

NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year.

The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. With all three automakers planning to begin deliveries of new EVs this summer, deliveries should continue accelerating through the second half of this year. The positive delivery data therefore has NIO, LI and XPENG stocks trending higher today.

#NIO JULY DELIVERIES 2021 FULL#

They show the companies are back to full production and consumer demand for EVs remains robust. Taken together, the June delivery numbers for China’s big three electric vehicle makers are positive. Earlier in June, Li Auto introduced a new large SUV called the L9 and said it will begin deliveries of it in August. XPeng said it resumed two-shift production in mid-May at its manufacturing plant, and that it will launch a new SUV called the G9 in September. Nio said it is on track to start deliveries of its new ES7 SUV and revised versions of ES8, ES6 and EC6 SUVs this August as planned. Nio, Li Auto and Xpeng each provided updates on their production status and the planned introductions of new EVs along with their June delivery data. The recovery in June deliveries shows not only that China’s electric vehicle manufacturers are recovering from a difficult spring marked by Covid-19 shutdowns, but also that consumer demand for their products remains strong. June marked the first month that Nio delivered more than 10,000 EVs since December 2021. While all three Chinese automakers had their production interrupted by the renewed lockdowns, Nio, which is based in Shanghai, was most impacted by production shutdowns. Li Auto reported that it delivered 13,024 of its fully electric SUVs last month, up 69% from a year earlier. XPeng said it delivered 15,295 vehicles in June, up 133% from June 2021. However, even though Nio had a record month of deliveries in June, it wasn’t enough to outpace the company’s main competitors. The 12,961 vehicles delivered by Nio in June was the company’s best monthly performance since it began sales in June 2018. Nio reported that it delivered a record of nearly 13,000 vehicles in June, up 60% from a year ago as China’s automotive industry recovers from the Covid-19 lockdowns that were imposed in April and May of this year.

Nio july deliveries 2021