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Q4. Q2. Share. We remain committed to offering the best premium smart electric vehicles and the best user experience to our users.”Steven Feng, chief financial officer of NIO, added, “We are pleased to deliver solid results driven by our competitive products, superior services and expanding sales network. Tweet. NIO's April sales report was a good one. It has a new product coming soon, its EC6 midsize crossover/coupe, which will be priced below the ES6 and hopefully boost the company’s total sales.CleanTechnica is the #1 cleantech-focused news & analysis website in the US & the world, focusing primarily on electric cars, solar energy, wind energy, & energy storage.The content produced by this site is for entertainment purposes only. Nio still lost $166.5 million this past quarter, but that is the company’s slimmest loss since going public in 2018. Annual Report 2018 5.6 MB. Furthermore, it has forged a NIO is also one of the few electric car companies that offers NIO may not be threatening Tesla yet, but Chinese people, like people everywhere, have an affinity for homegrown technology and locally produced products. NIO Inc. First Quarter 2019 Earnings Results 85.4 KB.
GlobeNewswire. NIO (NYSE: NIO) Reports 3,533 Deliveries for the Month of July Finally, the EV manufacturer reported -$0.16 in EPS, beating consensus expectations by $0.1. The second factor, of course, was production shutdowns caused by the coronavirus pandemic. 2019. Shares of Chinese electric-vehicle maker NIO () jumped on Wednesday after the company reported strong sales …

China really, really wants people to buy electric cars — either plug-in hybrids or battery electrics — but found its original incentive program was costing too much money.So it modified the program, several times in fact, which caused confusion among car companies and customers. Apr 02, 2019. We expect to achieve the delivery goal for the second quarter 2020, while continuously improving gross margin and narrowing operating loss.”Despite a positive sales report for NIO, Tesla continues to far outsell any other electric car company in China. We truly appreciate the trust and support that NIO users have been giving us and we remain fully committed to the vision of building the best user enterprise by offering high-quality premium smart electric vehicles in the years to come.
Our deliveries in the second quarter of 2020 exceeded the high end of our earlier projection, and we are confident that our goals on gross margin and operational efficiency will be achieved.”NIO is more than just another EV company — it is one of the two hottest EV startups in China (trading places from time to time with Xpeng).



Despite a positive sales report for NIO, Tesla continues to far outsell any other electric car company in China.

newsletter NIO designs and develops smart, high-performance, electric vehicles with an aim to be the first “User Enterprise” in the world. Nio stabilized itself with backing from the state just in time to launch a new, even more affordable vehicle in the EC6 that could put it on the path to profitability — something that was barely on the horizon six months ago. Both numbers are better than analysts expected.

The NIO delivery report does not bring much positive news. InsideEVs: Italy May sales were down 31% from a year ago but were virtually nil for many months, so NIO is hoping the larger model will find more customers in coming months. Slow and steady may very well be the key to NIO’s future sales growth.CleanTechnica is the #1 cleantech-focused news & analysis website in the US & the world, focusing primarily on electric cars, solar energy, wind energy, & energy storage.The content produced by this site is for entertainment purposes only. After struggling mightily in 2019 and then dealing with COVID-19-related shutdowns, Nio’s sales have rebounded in a big way. Quarterly Total Revenues reached RMB3,718.9 million (US$526.4 million) i Quarterly Deliveries of the ES8 and the ES6 were 10,331 vehicles Quarterly Vehicle Margin reached 9.7% Quarterly Gross Margin reached 8.4%.

Sales of Nio’s new ES6 SUV model doubled in August following a lackluster first full month on the market, trade figures show. Quarterly Total … Reblog.

February 2020 was a really weak month for car sales (including New Energy Vehicles) in China , which also affected NIO . NIO (ticker: NIO) lost about 16 cents a share—NIO reports figures in Chinese currency—from roughly $526 million in sales. That changed a bit in the second quarter of 2020, as Nio shipped 2,907 ES6 SUVs in April, 2,685 in May, and 2,476 in June. (All figures are in dollars) Annual Reports. A third, the EC6 compact SUV, will start shipping in September.The ES6 has sold well since debuting in the middle of 2019, with monthly deliveries more or less trending upward except for when the pandemic shut down China earlier this year.