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.

Video Articles

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Nio Halts Vehicle Production Due To China Lockdowns

Recent lockdowns initiated in China as a means of combating the latest surge in the...

Saturday, April 9, 2022, 10:58:00 AM

Nio Halts Vehicle Production For Five Days Due To Semiconductor Shortage

Nio Inc (NYSE: NIO) this morning was the latest automotive firm to announce production suspensions...

Friday, March 26, 2021, 08:12:22 AM

US And China Regulatory Crackdowns Caused Shares Of Dual-Listed Chinese Firms To Plummet

Big dual-listed Chinese tech names saw their shares fall in the respective American and Hong...

Friday, March 11, 2022, 03:38:00 PM

Nio Announces Q1 Vehicle Deliveries Of 20,060

It seems that Nio Inc (NYSE: NIO) has met its prior guidance despite production shutdowns...

Thursday, April 1, 2021, 08:07:14 AM

NIO Sees CFO Resign Effective Immediately For Personal Reasons

NIO Inc (NYSE: NIO), a China-based electric car company, this morning announced the resignation of...

Friday, July 5, 2024, 08:24:31 AM