But the revamped version — which started shipping in April and features improvements to the interior as well as the SUV’s range and performance — boosted ES8 deliveries from just 36 in February and 54 in March to 248, 751, and 1,264 in April, May, and June, respectively. Our deliveries in the second quarter of 2020 exceeded the high end of our earlier projection, and we are confident that our goals on gross margin and operational efficiency will be achieved.”NIO is more than just another EV company — it is one of the two hottest EV startups in China (trading places from time to time with Xpeng). NIO designs and develops smart, high-performance, electric vehicles with an aim to be the first “User Enterprise” in the world. NIO has now delivered 17,702 vehicles for the year – up 111% year over year. These cookies will be stored in your browser only with your consent. Slow and steady may very well be the key to NIO’s future sales growth.CleanTechnica is the #1 cleantech-focused news & analysis website in the US & the world, focusing primarily on electric cars, solar energy, wind energy, & energy storage.The content produced by this site is for entertainment purposes only. The ES6’s successful debut kept the company afloat, and ES8 sales started to rebound as 2019 came to a close. We remain committed to offering the best premium smart electric vehicles and the best user experience to our users.”Steven Feng, chief financial officer of NIO, added, “We are pleased to deliver solid results driven by our competitive products, superior services and expanding sales network. Nio also shipped 2,610 ES6 SUVs in July, the first month of Q3, so they’re back on the rise. We'll assume you're ok with this, but you can opt-out if you wish.

NIO Sold Just 837 EVs In July 2019, But Completes Recall The target for August is much higher - between 2,000 to 2,500 sales, a level not seen in 7 months. Shares of electric carmaker Nio Inc. (NIO) exploded above $14 a share on July 2020 sales news.

Furthermore, it has forged a NIO is also one of the few electric car companies that offers NIO may not be threatening Tesla yet, but Chinese people, like people everywhere, have an affinity for homegrown technology and locally produced products.

NIO is much more than a car company.

Things were still challenging, but they were starting to look up until the COVID-19 pandemic hit.Illustration by Alex Castro / The Verge Tesla has announced a new five-way stock split to take...Illustration by Alex Castro / The Verge Facebook is aiming for a more cohesive strategy around digital...Illustration by Alex Castro / The Verge Mozilla is laying off 250 people, about a quarter of...In-flight internet provider Gogo is trying to sell its commercial airline business as it continues to lose...Erin Lefevre/NurPhoto via Getty Images AMC Theaters faced its “most challenging quarter in the company’s 100-year history,”...Illustration by Alex Castro / The Verge T-Mobile claims that it now has more customers than AT&T...Photo by James Bareham / The Verge Nintendo has posted extraordinarily high earnings for its normally quiet...The PlayStation 4 era may be winding down, but people are playing their consoles more than ever...Copyright © 2018-2020 ihavevirus.com Business Portal. We appreciate the continuous support from our growing and loyal user community,” says William Bin Li, founder, chairman, and chief executive officer of NIO. Powered by The Verge.Necessary cookies are absolutely essential for the website to function properly.

(ES8 sales did dip to 923 in July, though. “We are proud of our team for their strong execution from production to delivery. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. The deliveries consisted of 2,610 ES6s, the Company’s 5-seater high-performance premium smart electric SUV, and 923 ES8s, the Company’s 6-seater and 7-seater flagship premium smart electric SUV. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. It is mandatory to procure user consent prior to running these cookies on your website. Still, that was the best three-month run for either of Nio’s vehicles, narrowly edging out ES8 sales in the final quarter of 2018. That changed a bit in the second quarter of 2020, as Nio shipped 2,907 ES6 SUVs in April, 2,685 in May, and 2,476 in June.