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NIO truly delivers in July

4 August 2021 By GO Markets

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NIO reported its latest delivery numbers for last month on Monday. The ‘Chinese Tesla’ delivered a total of 7,931 vehicles last month – a 124.5% year-on-year increase.

About NIO

NIO is a Chinese electric car manufacturer founded in 2014 by William Li, a Chinese business executive and entrepreneur. Its headquarters are based in Shanghai, China. It also has international offices in the United States, Germany and the United Kingdom. It employs around 4,000 people worldwide.

July delivery numbers

The July deliveries consisted of:

  • 1,702 ES8s – the company’s six or seven-seater flagship premium smart electric SUV
  • 3,669 ES6s – a five-seater high-performance premium smart electric SUV
  • 2,560 EC6s – a five-seater premium smart electric coupe SUV

NIO has delivered a total of 125,528 cars as of July 31, 2021.

NIO deliveries since January 2021

 

Shares of NIO are up by 227.72% in the last year, trading at $44.57 per share at the end of trading day on Tuesday.

NIO Chart (1Y)

 

You can trade NIO Inc. (NIO) and many other stocks from the NYSE, NASDAQ, HKEX and ASX with GO Markets as Share CFDs. Click here for more information. Trading Derivatives carries a high level of risk.

Sources: NIO, TradingView

The company is set to announce its Q2 earnings results on August 11.

 

 

Disclaimer: Articles are from GO Markets analysts and contributors and are based on their independent analysis or personal experiences. Views, opinions or trading styles expressed are their own, and should not be taken as either representative of or shared by GO Markets. Advice, if any, is of a ‘general’ nature and not based on your personal objectives, financial situation or needs. Consider how appropriate the advice, if any, is to your objectives, financial situation and needs, before acting on the advice. If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.