Nio Delivered 7,024 Vehicles in May 2022

Tiger Newspress2022-06-01

NIO today announced its May 2022 delivery results. NIO delivered 7,024 vehicles in May 2022. The deliveries consisted of 5,317 premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s, the Company’s flagship premium smart electric sedan. As of May 31, 2022, cumulative deliveries reached 204,936 vehicles.

NIO shares rose 2% in premarket trading.

In May 2022, the Company’s vehicle production had been gradually recovering from the impact of COVID-19 outbreaks in certain regions in China while vehicle deliveries were still constrained to a certain extent by the corresponding preventive measures. NIO plans to further ramp up the production capacity to a higher level by working closely with supply chain partners and to accelerate the delivery recovery starting from June, in light of the recent supportive developments in the COVID-19 situation and the strong order inflow.

As of May 2022, NIO users’ cumulative mileage exceeded 5 billion kilometers. The NIO Pilot has assisted our users in driving for over 418 million kilometers, among which the cumulative mileage of Navigate on Pilot (NOP) exceeded 157 million kilometers, demonstrating the appeal of our advanced ADAS functions to users.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

GuSen
2022-06-02
GuSen
Slow and steady wins the race!
Tanyl
2022-06-01
Tanyl
Nio is good for invest long term
Bspn
2022-06-01
Bspn
Ok
oppayong
2022-06-01
oppayong
[lovely]
TK360
2022-06-01
TK360
Nice
rogerl
2022-06-01
rogerl
Up up to moon.

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