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NIO's Aug. deliveries zoom up 48.3% YoY

Monika From Gasgoo| September 01 , 2021 17:25 BJT

Shanghai (Gasgoo)- NIO saw its monthly deliveries vigorously grow 48.3% year on year to 5,880 units in August 2021, the EV startup announced on Wednesday.

NIONIO Aug. deliveries, NIO ES6 deliveries, China automotive news

To be specific, NIO's July deliveries were composed of 1,738 ES8 SUVs, 2,342 ES6 SUVs, and 1,800 EC6 coupe SUVs.

By the end of August, the company's cumulative deliveries amounted to 131,408 units.

NIONIO Aug. deliveries, NIO ES6 deliveries, China automotive news

NIO ES6; photo credit: NIO

The company said its new order volume hit an all-new high last month thanks to the rising market demands. However, the vehicle production, especially the manufacturing of the ES6 and the EC6, was disrupted by the supply chain constraints stemming from the coronavirus pandemic in some areas in China and Malaysia.

Considering the continued uncertainty and volatility of semiconductor supply, NIO has adjusted its product plan and revised its quarterly deliveries guidance for the third quarter. It expects its Jul.-Sept. deliveries to reach roughly 22,500 to 23,500 vehicles, versus the previous outlook of 23,000 to 25,000 vehicles, which was just announced in NIO's second-quarter financial results.

At the end of August, NIO struck a deal with Sinopec Group's Hainan sales subsidiary to co-deploy EV charging and battery swapping stations in Hainan province. Leveraging the massive energy supply network of the state-owned oil giant, the startup will quicken the pace of launching its battery swapping facilities.

NIO

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