NIO deliveries increased in October
When compared to the previous month of September NIO delivered 25,1 % more vehicles last month. Currently the Chinese startup NIO sells two models, the all-electric SUVs ES6 and ES8.
Let’s see the press release.
- Delivered 2,526 vehicles in October 2019, including 2,220 ES6s and 306 ES8s
- Cumulative deliveries of ES8 and ES6 reached 26,215
SHANGHAI, China, Nov. 04, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its October 2019 delivery results.
NIO delivered 2,526 vehicles in October, increasing 25.1% from the strong delivery in September, despite the impact from the seven-day National Day holiday in the beginning of October. The deliveries consisted of 2,220 ES6s, the Company’s 5-seater high-performance premium electric SUV, and 306 ES8s, the Company’s 7-seater high-performance premium electric SUV and its 6-seater variant. As of October 31, 2019, aggregate deliveries of the Company’s ES6 and ES8 reached 26,215 vehicles, of which 14,867 vehicles were delivered in 2019.
“Our solid sequential improvement in deliveries continued in October, mainly driven by the hard work and strong execution of our sales teams,” said William Li, founder, chairman and chief executive officer of NIO. “We appreciate the support from our users and believe in the power of word of mouth as our vehicles and services continuously evolve and optimize. Meanwhile, we will continue rolling out NIO Spaces and expanding our sales network to support our future growth.”
- ES6: 2.220
- ES8: 306
- Total: 2.526
The total of vehicles delivered in 2019 is 14.867 units.
Clearly NIO ES6 is the star of the pack. It was one of the first electric cars to get the new NCM 811 battery cells from CATL. Its 84 kWh battery pack has an energy density of 170 Wh/kg.
The NCM 811 designation means that the cathode besides lithium contains nickel, cobalt and manganese in a composition ratio of 8:1:1.
Anyway, if NIO survives the first years of operation in China, it’s expected an eventual European launch, which would be very welcomed.