You also have the option to opt-out of these cookies. Based on the volume forecast adjustment, CMB raised its price target on NIO by 13.6 percent to $52.6 per share, which corresponds to 13.9 and 9.8 times of NIO's overall P/S forecast in 2021 and 2022, and 136.4 times of 2025 forecast P/E ratio. XPeng achieved a record monthly delivery of 6,015 Smart EVs in January 2021, representing a 470% increase from January 2020, marking the third consecutive month of record-breaking delivery numbers. A muted 2021 for EV stocks follows a stellar rally in . NIO delivered 7,931 vehicles in July, up 125% from a year ago. NIO has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 16th, 2021 based off prior year's report dates. This website uses cookies to improve your experience while you navigate through the website. The Motley Fool owns shares of and recommends NIO Inc. Millennial Money is part of The Motley Fool network. These cookies ensure basic functionalities and security features of the website, anonymously. July 01, 2021 4:28am . Shares of NIO climbed on Monday after the company reported impressive delivery numbers and announced future guidance. NIO Inc. And it added more than 110 robots to its factory as a key new EV looms . Provides July 2021 Delivery Update. Because NIO’s lineup is concentrated in SUVs and has historically been the volume leader among the three top Chinese EV companies, Tesla’s move to undercut may have impacted NIO more than its peers. Nio Inc - (NYSE: NIO) has had a stellar year of trading, outperforming investor and analyst expectations. ALL RIGHTS RESERVED. NIO delivered 17,353 vehicles in the three months ended December 2020, increasing by 111.0% year-over-year. The team raised its price target for NIO by 13.6 percent to $52.6 per ADS, maintaining a buy rating. Read more here. The Chinese electric vehicle (EV) market continues to rapidly expand, driving triple-digit delivery growth for NIO (NYSE: NIO) last month. NIO delivered 7,931 vehicles in July, a 124.5% growth year-over-year. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Much like NIO, XPeng also saw a record for Q2 2021, totaling 17,398 deliveries and marking a 439% increase year-over-year. SHANGHAI, China, July 01, 2021 (GLOBE NEWSWIRE) -- NIO Inc. ("NIO" or the "Company") (NYSE: NIO), a pioneer and a leading manufacturer of premium smart . By many reports, Nio ( NYSE:NIO) had a fine 2020, which was a feat in and of itself given just what 2020 looked like. Necessary cookies are absolutely essential for the website to function properly. Found insideIt enables the collaborative resolution of the mental and emotional tensions represented in the client's work role as he/she strives to manage the dynamics between their organization-in-the-mind and the organization-in-reality. Found insideFeaturing James’s upbeat, rhyming text and vibrant illustrations perfectly crafted for a diverse audience by #1 New York Times bestselling and Geisel Honor winning artist Nina Mata, this book has the power to inspire all children and ... ContextLogic Stock Plunges on Weak Q2 Results, SoFi Stock Gets Clobbered on Soft Outlook, Q3 Earnings of Sonos Are Music to Investors’ Ears. Found inside' Philip Mansel Telling the story of its people and its rulers, from its medieval origins up to the present day, Berlin is a fascinating and informative history of an extraordinary city from the author of the international bestseller ... These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Bolster traces the story to the end of the Civil War, when emancipated blacks began to be systematically excluded from maritime work. . By the time you’re finished reading this book, you’ll walk away with a financial game plan tailored to your priorities, your hopes and dreams, and your lifestyle. Cumulative deliveries of ES8, ES6 and EC6 as of December 31, 2020 . Press question mark to learn the rest of the keyboard shortcuts. Nio's 2021 Q2 target has always been roughly 21,000-22,000 so June needed to be roughly anywhere between 7,187 to 8,187 cars in order to be on target. Pre-market this morning, NIO stock was at $45.20 a share, which is a 1.16% increase in value. NIO expects vehicle deliveries for Q3 FY 2021 to be between 23,000 and 25,000, which would represent a YOY increase of approximately 88.4% to 104.8%. NIO is set to report second-quarter results on Aug. 11. However, there were some drawbacks investors should be aware of, despite the robust figures. Nio's ET7, its fourth EV and first sedan, will arrive in Q1 2021. ET The cookie is used to store the user consent for the cookies in the category "Other. NIO closed up 4.83 percent to $44.68 on Friday and the price target implies an upside of about 18 percent. NYSE:NIO fell by 2.79% on Tuesday as EV and China stocks pulled back. Found insideThe breadth of this book makes it essential reading for neuroscientists, stem cell biologists, researchers or clinical trialists at pharmaceutical or biotechnology companies. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. In the second quarter of 2021, NIO delivered 21,896 ES8, ES6 and EC6, a new quarterly record, representing a strong increase of 111.9 . Those numbers were at the high end of the company's forecast for deliveries of between 21,000 and 22,000 for the quarter, CNBC noted. Found insideWinner of the Hugo Award for Best Novel Book 1 in the record-breaking triple Hugo-Award-winning trilogy ***One of Time Magazine's top 100 fantasy books of all time*** ***Shortlisted for the World Fantasy, Nebula, Kitschies, Audie and Locus ... NIO is expected to announce its July deliveries on Monday, after its local peers Li Auto and XPeng Motors both posted strong numbers earlier, with the former delivering 8,589 units in July and the latter 8,040 units. In the second quarter of 2021, NIO delivered 21,896 ES8, ES6 and EC6, a new quarterly record, representing a strong increase of 111.9% year over year. Rival Chinese EV players XPeng (NYSE: XPEV) and Li Auto (NASDAQ: LI) also reported monthly deliveries over the weekend. Found insideThomas Piketty’s findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality. While Nio consistently delivered more vehicles than Li and Xpeng until . Evan Niu, CFA owns shares of NIO Inc. and has the following options: long October 2021 $40 calls on NIO Inc. Additionally, this was the first time that NIO’s monthly deliveries lagged behind its two primary peers. Get a comprehensive, in-depth introduction to the core Python language with this hands-on book. NIO posts robust Q3 delivery numbers, thus setting a new record. This is expected to drive NIO sales higher, although it will also result in later delivery dates for several models that are already delayed. Regardless, this is good news, New comments cannot be posted and votes cannot be cast, NIO is China’s leading luxury EV manufacturer (NYSE: $NIO), Press J to jump to the feed. Cumulative deliveries of the ES8, ES6 and EC6 as of May 31, 2021 reached 109,514. The figure is slightly down sequentially from the month of June, where Nio . Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. In the long term, NIO's unique business model of separating the vehicle from the battery will contribute to vehicle sales as it focuses on providing quality service to its customers. Bellwether Tesla shares are up 3.6% year-to-date, as of last close. Cumulative deliveries of the ES8, ES6 and EC6 as of July 31, 2021 reached 125,528. SHANGHAI, China, Aug. 02, 2021 (GLOBE NEWSWIRE) -- NIO Inc. ("NIO" or the "Company") (NIO) - Get Report, a pioneer and a leading company in the premium smart electric vehicle market in China, today announced its July 2021 delivery . BYD's electric vehicle sales volume in July edged past the combined delivery numbers of the upcoming Chinese rivals Nio, Xpeng, and Li's combined sales by a whisker at 24,560 electric vehicles. The company report on June 1, 2021 that NIO Inc. The global auto industry continues to suffer from widespread semiconductor shortages that have hindered production, creating bottlenecks that have made it difficult for many automakers to meet demand. NIO and XPeng supply traders some cause for hope and a few cause for concern. As of 2021 September 07, Tuesday current price of NIO stock is 41.100$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).. NIO Inc - ADR stock price as been showing a rising tendency so we believe that similar market segments were very popular in the given time frame. . The Law Library presents the complete text of the Disclosure of Payments by Resource Extraction Issuers (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition). Nio reported total delivery numbers of 7,931 for the month, which is good for a 124.5% year over year increase from 2020. NIO Inc. [NYSE: NIO] traded at a low on 07/23/21, posting a -4.51 loss after which it closed the day' session at $43.99. Sorry, your blog cannot share posts by email. As of January, Nio had delivered 82,866 electric cars in China since its first model came to market in June 2018. You'll also find colorful images of rural life: cows, horses, country kids, and plenty of chaps-wearing cowboys. I hope you get a kick out of this book of mine. I hope it makes you smile. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. In today's market . As of June 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 117,597 vehicles. It was not a record month for Nio, as June had 152 more . NIO Stock News and Forecast: Bulls shrug off downbeat deliveries, Chinese techlash. NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year. In July, NIO delivered 7,931 vehicles . Nio had secured over 12,000 ES6 pre-orders as of the end of May, the company wrote in its first-quarter financial report. Really good news, and early earnings too. NIO Inc. SHANGHAI, China, Aug. 02, 2021 (GLOBE NEWSWIRE) -- NIO Inc. ("NIO" or the "Company") (NYSE: NIO), a pioneer and a leading company . They had a supply chain issue and did not make cars for 1/4 if the month essentially, if this did not happen they would have delivered ~4100 cars. Found insideWarm, wise, and revelatory, Becoming is the deeply personal reckoning of a woman of soul and substance who has steadily defied expectations—and whose story inspires us to do the same. This upside is likely to have contributed to the company's earnings during the July-September period. July 20, 2021 By Muslim Farooque Jul 20, 2021, 10:37 am EDT July 20, 2021 Despite the recent dip in NIO stock, Nio (NYSE: NIO ) is still up a healthy 18% for the past three months. Xpeng delivered 8040 cars which is almost three times more than last year.Li Auto delivered 8589 cars, +250% more than last year.Nio sold 7931 cars, which is still +125% more comparing with last year.For Xpeng and Li Auto, it is historically the first month when they beat Nio in sales and an all-time high in terms of monthly deliveries. NIO delivered 17,702 vehicles in 2020 in total, increasing by 111.3% year-over-year. Building on its growth momentum from the latter half of 2020, China's electric vehicle (EV) startups opened the new year with strong increases in delivery numbers.. Nio (), for example, delivered 7,225 vehicles in January, 4.5 times more than the 1,598 in the same month of 2020, marking the sixth straight month of record-high numbers, the company announced on Monday. Learn more Provides July 2020 Delivery Update. The year-over-year change, nonetheless, doesn't matter. This cookie is set by GDPR Cookie Consent plugin. But the pop from this news didn't . Post was not sent - check your email addresses! Rival Xpeng delivered 8,040 vehicles in China, a jump of 228% year-over-year and a rise of 22% over last month's numbers while Li Auto reported a 251.3% jump to 8,589 deliveries for the month of July. July 12, 2021 By Thomas Niel Jul 13, 2021, 6:45 am EDT July 12, 2021 Nio (NYSE: NIO ) stock kicked off July with a bang, with its strong June delivery numbers . Shares of NIO climbed on Monday after the company reported impressive delivery numbers and announced future guidance. After discontinuing the Standard Range Model Y in the U.S. earlier this year, Tesla introduced that variant in China since the lower price tag qualifies for a government subsidy. NIO Inc. Nio (NYSE:NIO) Turns In Hefty Delivery Numbers. Jun 1 2021 5:05 AM EDT Updated Tue, . NIO delivered 7,102 vehicles in April 2021, increasing by 125.1% year-over-year. Your email address will not be published. I think the market is smart enough to realise this so will boost the stock as it deserves. NIO Inc. This book is a printed edition of the Special Issue "Dietary Supplements" that was published in Nutrients NIO Inc. ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market in China, today announced its July 2021 delivery results. Total cumulative vehicle deliveries have now hit 125,528. I prefer businesses like Amazon, Netflix, and Apple — they’re all on my best stocks for beginners list. This cookie is set by GDPR Cookie Consent plugin. In fiscal Q2 2021, Tesla reported a QoQ growth rate of 8.9% for total vehicle deliveries. This is a handy chart that shows the delivery numbers of NIO on a month-to-month basis. The deliveries consisted of 1,498 ES8s, the Company's . SHANGHAI, China, Aug. 03, 2020 (GLOBE NEWSWIRE) -- NIO Inc. ("NIO" or the "Company") (NYSE: NIO), a pioneer in China's premium . What's Going on with NIO Inc.? Nio Inc - ADR (NYSE:NIO) shares, which have seen a loss of momentum in recent weeks, are nicely set up for the new year with a delivery update due in early January and the annual Nio Dayscheduled for Jan. 9.. What Happened: The annual Nio Day event in the past has served as a platform for new product and service launches and catalyzed strong stock moves. Nio reported total delivery numbers of 7,931 for the month, which is good for a 124.5% year over year increase from 2020. It’s also likely that EV leader Tesla (NASDAQ: TSLA) took a bite out of NIO’s sales by releasing a lower-cost version of its Model Y compact SUV in China last month. In addition, NIO was recently included in the shortlist of official vehicle purchases by Chinese central government departments and quasi-government agencies, underscoring its brand status, the team said. Cumulative deliveries of the ES8, ES6 and EC6 as of July 31, 2021 reached 125,528. Whether you’re starting with $100, $500, or more, you should check out the full details. XPeng said deliveries soared 228% to 8,040 in July from last year and were up 22% from 6,565 in June. Find Aparna Narayanan on Twitter at @IBD_Aparna . Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. The cookie is used to store the user consent for the cookies in the category "Analytics". July 9, 2021 By Vandita Jadeja Jul 9, 2021, 9:11 am EDT July 9, 2021 One of the top EV makers, Nio (NYSE: NIO ) is blasting in all directions with strong delivery numbers. Nio reported ES6 sales of 1,086 units for June and July. Found insideNow, at last, the man himself tells us the story of life in the crossfire hurricane. And what a life. Listening obsessively to Chuck Berry and Muddy Waters records as a child in post-war Kent. NIO ES8 delivered 923 units this month, an increase of 462.8% year-on-year. Deliveries began in late June. Because of this strong start to Q3, I am updating my FY 2021 delivery estimate. Found insideAnd, in a new epilogue, Mann revisits and updates the events which constituted the main issues of the first edition.Elegantly written, brilliantly reported, Beijing Jeep is a cautionary tale about the West's age-old quest to do business in ... . Chinese electric vehicle maker NIO delivered a record number of cars in June. Found insideOne of the key determinants of success for today’s high-technology companies is product strategy—and this guide continues to be the only book on product strategy written specifically for the 21st century high-tech industry. Blue and her friends count things while picnicing. This edition of Global Trends revolves around a core argument about how the changing nature of power is increasing stress both within countries and between countries, and bearing on vexing transnational issues. The figure is slightly down sequentially from the month of June, where Nio . Found inside#1 NEW YORK TIMES BESTSELLER • OPRAH’S BOOK CLUB PICK The heartrending story of a midcentury American family with twelve children, six of them diagnosed with schizophrenia, that became science's great hope in the quest to understand the ... Found insideOver the past few years Prevent has not been fully effective and it needs to change. This review evaluates work to date and sets out how Prevent will be implemented in the future. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. BREAKING: NIO said to release new model of its sub-brand as soon as first half of next year. ET. About the NIO, Inc. (China) stock forecast. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. The EC6 is a smaller sport coupe that resembles a compact SUV. CMB believes that in the short term, NIO expects to drive sales growth through increased density of battery swap stations. Nio's July delivery numbers were good . NIO delivered 7,931 vehicles in July 2021, increasing by 124.5% year-over-year Cumulative deliveries of the ES8, ES6 and EC6 as of July 31, 2021 reached 125,528 SHANGHAI, China, Aug. 02, 2021 (GLOBE NEWSWIRE) -- NIO Inc. ("NIO" or the "Company") (NYSE: NIO), a pioneer and a leading company in . Chinese electric vehicle maker NIO Inc. announced its July 2021 delivery results today.And while the results were fairly healthy overall, Nio's vehicle deliveries did fall behind the EV deliveries of Chinese competitors Li Auto and Xpeng during July. Nio delivered 7,931 vehicles in July, while rival Xpeng delivered 8,040 vehicles and Li Auto reported 8,589 deliveries during the month. Earnings for NIO are expected to grow in the coming year, from ($0.72) to ($0.24) per share. Roger Priddy's mega bestselling First 100 Words has become a must-have for any baby's bookshelf This larger edition has all the same appeal to babies and toddlers, who will love to discover the 100 words inside. Factory was closed for 5 days due to floods. They expect the company to negotiate favorable purchase prices with suppliers in the second quarter and the second half of the year to cover the impact of higher commodity prices so far this year. NIO shares have been in an uptrend and recouped most of their 2021 losses. Its high-end utility vehicles have proven a hit with wealthy consumers, helping to . That’s why you don’t trust rumors and don’t have expectations. The ES8 is NIO’s flagship SUV, while the ES6 is a more affordable SUV. NIO delivered 43,728 vehicles in 2020 in total, increasing by 112.6% year-over-year. Aug. 30 2021, Published 12:47 p.m. While NIO investors may not like to see the company slip from its leadership position, the overall market for EVs in China is still growing so rapidly that all companies can still benefit. Deliveries dipped mostly on a sequential basis compared with the 8,083 cars that NIO delivered in June. NIO delivered 31,430 vehicles in 2020 in total, representing an increase of 111.4% year-over-year. Required fields are marked *. The CPCA figures differ slightly from the company's official delivery numbers. Cautioning that the oil and auto companies know how to undermine the success of plug-in car programs to protect their interests, the book gives readers tools to ensure that plug-in hybrids get to market—and stay here. Found insideThe text contains an introductory section on the market for battery and hybrid electric vehicles, then thoroughly presents the latest on lithium-ion battery technology. As of October 31, 2020, cumulative deliveries of the ES8, ES6 and EC6 reached 63,343 vehicles . NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. vehicle rivals to report the monthly delivery numbers, . Lots of new investors take chances on long shots instead of buying shares of great companies. NIO Inc. Nio's July delivery numbers were good . The chart above shows Tesla's quarter-over-quarter (QoQ) growth rates for total vehicle deliveries between fiscal 2015 and 2021. The latest delivery reports out of the company suggest that 2020 was not a one-shot event for Nio, and that the company may yet have some room to grow. EV stocks listed in the US have consolidated and traded range-bound in 2021. XPeng delivered 8,040 EVs in July and Li Auto sold 8,569. These cookies will be stored in your browser only with your consent. NIO today launched a short-term 0 down payment purchase option for the new NIO ES8, ES6, and EC6 from January 20 to February 28. NIO's delivery growth in July accelerated over the last month. Tom Kang 2021-08-02 12:48:20 (GMT+8) (Photo source: CnEVPost) A team at Hong Kong-based financial services firm CMB International raised its price target on NIO on Monday ahead of the EV maker's July delivery data release, citing marginal improvement in chip supply and the prospect of continued growth in deliveries in the second half of the year. This cookie is set by GDPR Cookie Consent plugin. Price Action: Nio shares closed 5.66% . NIO Inc. [NYSE: NIO] loss -0.85% or -0.4 points to close at $46.51 with a heavy trading volume of 43678756 shares. NIO Stock News and Forecast: Bulls shrug off downbeat deliveries, Chinese techlash. NIO delivered 7,931 vehicles in July 2021, increasing by 124.5% year-over-year. However, we can see that delivery numbers have actually been falling this second quarter of 2021 (in red ) no doubt due to chip/supply chain shortages etc. NIO's deliveries jumped more . Tesla reported 5 consecutive quarters of positive QoQ growth rates in 2020 and 2021, which in my opinion is sort of breathtaking. The company's delivery numbers came in at 4,708 vehicles in September—an . An intimate look into the heart and mind of a man who finds those around him just out of reach, and a funny, joyful, deeply compassionate story about seeing the world through new eyes, Redhead by the Side of the Road is a triumph, filled ... NIO (ticker: NIO), for its half, reported it delivered 7,102 autos, up 125% yr over yr. "We expect the company's overall gross margin to remain solid in the second quarter and the second half of the year," the team said. There’s a company that “called” these businesses long before they hit it big. Found inside – Page 1This is the most comprehensive prep guide available for the OCP Oracle Certified Professional Java SE 11 Developer certification—it covers Exam 1Z0-819 and the Upgrade Exam 1Z0-817 (as well as the retired Programmer I Exam 1Z0-815 and ... NIO, the Chinese EV-maker, delivered a strong monthly delivery report for September. Credited with almost single-handedly winning the 1970 World Series, this MVP was immortalized in a Normal Rockwell painting. MILLENNIAL MONEY IS A PART OF THE MOTLEY FOOL NETWORK, A DIVISION OF THE MOTLEY FOOL.©1995-2021 THE MOTLEY FOOL. They were referring to the strategic cooperation agreement NIO signed with Guoxing Auto Service Center in Beijing on July 26 to cooperate on car purchasing services for locally located Chinese central state agencies, central enterprises and other quasi-government agencies. New York-listed shares in NIO have fallen by over 22% in 2021. NYSE:NIO fell by 2.79% on Tuesday as EV and China stocks pulled back. On a daily basis if it had have been opened deliveries would be above 4k. The data signal demand is strong, and that the chip shortage may be easing. Found insideIn this original text, Simon Western deconstructs and reconstructs leadership to challenge the popular notion of the individual or hero leader, instead using his own framework to present leadership as a distributed process. This book is a practical and concise guide to major asset classes, investment strategies, and foreign markets. Just wait until next Tuesday, see y’all on the moon. NIO delivered 7,007 vehicles in December 2020, increasing by 121.0% year-over-year. XPeng didn't update its . "Territorial cohesion" strives for a more balanced spatial development and seeks to improve integration throughout the EU. The scientific articles in this volume examine the interpretations of this term, the challenges of European spatial ... As of June 30, 2021, XPeng's cumulative deliveries have reached 30,738 . NIO delivered 7,931 vehicles in July 2021, increasing by 124.5% year-over-year. XPEV's Delivery Growth Might Outpace NIO, NIO Is a Better Stock Pick By Anuradha Garg. So far this year NIO significantly increased its electric car deliveries: ES6: 4,936 EC6: 4,880 ES8: 2,987 Total: 12,803 (up 455% year-over-year) The sales forecast for Q1 is 20,000-20,500 . It is evident that from 2018-2020, the deliveries by NIO have been steadily increasing. This must-have guide: Covers all exam objectives such as inheriting abstract classes and interfaces, advanced strings and localization, JDBC, and Object-Oriented design principles and patterns Explains complex material and reinforces your ... The company report on July 13, 2021 that 36Kr Launches Business Podcast Program on NIO Radio.. 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, announced . NIO shares climbed as much as 5% today and were up 4% in late afternoon trading. Looking ahead to the second half of the year, the team expects NIO's order book to remain high, and its climbing delivery volume is expected to continue to drive valuation higher as chip constraints are gradually removed. Pre-market this morning, NIO stock was at $45.20 a share, which is a 1.16% increase in value. The Bank's own strategy stresses the school quality aspects of EFA, emphasizing the need to focus on preserving learning outcomes while access to education is expanded. Nio sharply accelerated the pace of additions this week as it targets 500 battery swap stations in China by the end of 2021. The company provided its monthly update for deliveries this morning, registering 125% year-over-year growth. Provides May 2021 Delivery Update. #1 NATIONAL BESTSELLER Far more than a superb memoir about the highest levels of professional tennis, Open is the engrossing story of a remarkable life. Andre Agassi had his life mapped out for him before he left the crib. But opting out of some of these cookies may affect your browsing experience. NIO Provides June 2021 Delivery Update. The cookie is used to store the user consent for the cookies in the category "Performance". By clicking “Accept”, you consent to the use of ALL the cookies. This cookie is set by GDPR Cookie Consent plugin. Out of these, 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. XPeng delivered 7,214 vehicles in August, better than NIO's number but short of the 8,040 delivered in July. He called XPeng's numbers in line with his expectations. Jan to July 2021 Insurance Registrations for NIO & BBA confirm that TeslaBull is talking of NIO House, NIO Life, NIO Life Time Warranty, NIO Points, NIO Credit, NIO Price Performance & Range, NIO Sales Referral System, NIO Community, NIO Aluminum Body, NIO Quality, NIO Insurance, NIO Service, NIO 5 Star User Experience which BBA, TSLA & all . Thank you for joining NIO's second-quarter 2021 earnings call. The company's press release stated: NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. NIO Vehicle Delivery and Revenue Outlook. Nio fared the worst of the three players delivering just 5,880 vehicles in August 2021, a decline of about 26% from July. It . Of NIO's Chinese rivals, Li Auto is up 0.7%, while Xpeng has fallen nearly 5%. Against the backdrop of a marginal easing of chip supply constraints, CMB expects NIO deliveries in the second half of the year to be better than in the first half, so it is raising its sales forecast for NIO by 10.9-13.4 percent to 99,000, 140,000 and 186,000 units in 2021-2023. NIO delivered 6,711 vehicles in May 2021, increasing by 95.3% year-over-year. 2021's revenues could rise to RMB 31.3 billion or more ($4.8 billion) as deliveries could be set to hit 75,000+ if NIO can show more monthly records and decent quarterly numbers moving up from Q4 .
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