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NIO Delivered 9,985 Vehicles in March 2022, Increasing by 37.6% YoY

Tiger Newspress2022-04-01

  • NIO started deliveries of the ET7 in March 2022
  • NIO delivered 9,985 vehicles in March 2022, increasing by 37.6% year-over-year
  • NIO delivered 25,768 vehicles in the three months ended March 2022, increasing by 28.5% year-over-year
  • Cumulative deliveries of vehicles as of March 31, 2022 reached 192,838

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today announced its March and first quarter 2022 delivery results.

NIO delivered 9,985 vehicles in March 2022, representing an increase of 37.6% year-over-year. The deliveries consisted of 9,822 premium smart electric SUVs, including 1,726 ES8s, 5,064 ES6s and 3,032 EC6s, and 163 ET7s, the Company’s flagship premium smart electric sedan. The deliveries of ET7 to users commenced from March 28, 2022. NIO delivered 25,768 vehicles in the first quarter 2022, a new quarterly record, representing an increase of 28.5% year-over-year. As of March 31, 2022, cumulative deliveries reached 192,838 vehicles.

In late May 2022, the Company plans to unveil the 2022 NIO ES8, ES6 and EC6 with the latest digital cockpit hardware, and to launch the digital cockpit upgrade plan for existing users. In the meantime, NIO ES7, the Company’s new mid-to-large five-seater SUV equipped with NIO Technology 2.0 (NT2), will also make its debut.

As of March 31, 2022, NIO has deployed 884 Power Swap stations, 727 Power Charger stations and 3,832 destination chargers in China. NIO will continue to expand its power network, bringing a fast and convenient swapping and charging experience to users in the cities and on the trips.

NIO shares jumped 6% in premarket trading.

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.

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Comment20

  • OpenMind
    ·2022-04-04
    its good to portion out the deliveries if your a listed company
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  • Bspn
    ·2022-04-02
    Ok
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  • JCai
    ·2022-04-02
    K
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  • RS69
    ·2022-04-02
    [Miser] 
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  • FGP
    ·2022-04-02
    Pls NiO 👍
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  • ckmtan
    ·2022-04-02
    Waiting for it to move higher❤️
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  • Tanyl
    ·2022-04-01
    Nio is a good buy
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  • Benjean
    ·2022-04-01
    EV is the way forward. NIO definitely an accumulate stock
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  • HardHatt
    ·2022-04-01
    Fly with Nio
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  • deedeeteo
    ·2022-04-01
    Up up and away!! 
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  • Ironman2002
    ·2022-04-01
    Nio, Xpeng and Li Auto deserve some applause   for deliveries. Better than Lucid and Rivian and   yet the American EV makers share price are       higher than the Chinese🤔
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  • waiwaiho
    ·2022-04-01
    Good 
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  • Neelie78
    ·2022-04-01
     Nice ! 👍
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  • AndrewL
    ·2022-04-01
    Nice 👍
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  • SC2021
    ·2022-04-01
     NIO
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  • koolgal
    ·2022-04-01
    Nice work Nio! 37.6% increase Year on Year  in EV deliveries!  No wonder its share price jumped today.  Keep up the good work Nio! 🚀🚀🚀🌙🌙🌙
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  • Angelinvest
    ·2022-04-01
    👍 
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  • vleng
    ·2022-04-01
    Like pls
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  • Sunshinekim
    ·2022-04-01
    Knew it was strong fundamentally. 
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  • RetiredPig83
    ·2022-04-01
    Like 👍 
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