On May 1, 2022, NIO disclosed the delivery data of its models in April:
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693 units of ET7 were delivered;
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1,878 units of ES6 were delivered;
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1,252 units of EC6 were delivered;
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1,252 units of ES8 were delivered.
As of the end of April 2022, NIO has delivered a total of 197,912 new vehicles. Starting from January 2022, NIO has delivered a total of 30,842 new vehicles, of which 25,768 were delivered in the first quarter, when the production line of NIO was heavily impacted by the COVID-19 pandemic, and the production center in Hefei had to temporarily stop production due to lack of parts. Compared with the growth trend of 9,985 units in March 2022, the total delivery of the four models in April 2022 was 5,074 units, which is a decrease from 7,102 units in April 2021.
However, there is also good news for NIO’s future: the Hefei production base has gradually resumed production, and ES8, ES6, and EC6 will also be released in May 2022, with upgrades including 5G vehicle-to-everything (V2X) technology, 8155 vehicle control unit (VCU) system, and high-definition 360-degree surround view. Existing ES8, ES6, and EC6 users can also enjoy upgrade discounts.
In addition to the launch of the upgraded 866 model, NIO has three other important events this year: the construction of a new factory, the delivery of ET5, and the release of ES7. The delivery performance in April may have a negative impact on NIO’s stock price, but in the long run, NIO’s sales still have great potential for growth, and the industry’s expectations will remain in a state of expansion.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.