Nio Reports November Sales of 10,878 Vehicles

Nio Inc (NYSE: NIO) this morning released its sales figures for the month of November. Deliveries for the month of November were up substantially on a month over month basis, following poor performance in the month of October.

For November, Nio delivered a total of 10,878 vehicles, an improvement of 105.6% on a year over year basis, and an improvement of 196.6% from the 3,667 vehicles delivered in the month of October. The performance also gets the firm back to levels previously seen, with September having deliveries of 10,628 vehicles.

Deliveries for the month included 2,683 ES8’s, 4,713 ES6’s, and 3,482 EC6’s. In October, deliveries largely consisted of ES6’s, with 2,528 sold in comparison, the only notable sales during the month.

Year to date, the company has sold a total of 80,940 vehicles, while all time deliveries of the three models now sits at 156,581.

Nio Corp last traded at $39.13 on the NYSE.

Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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