NIO delivered 10,677 vehicles in Aug, representing an increase of 81.6% y-o-y. The deliveries consisted of 7,551 premium smart electric SUVs, and 3,126 premium smart electric sedans.
Cumulative deliveries of NIO vehicles reached 238,626 as of Aug 31.
NIO delivered 71,556 vehicles y-t-d in 2022, increasing by 28.3% y-o-y.
The production and delivery of the ES7 has begun to ramp up steadily, where 398 ES7s were delivered to users in August.
An ES7 is a mid-large five-seater premium smart electric SUV based on NIO Technology 2.0.
Shares in Nio closed at 84 cents down or 4.18% lower at US$19.25 ($26.95) on Sep 1.