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Category: Nio Inc (NIO)
Date: 27 June 2021 Stock price of Nio Inc (NIO): $45.07 Market Capital of Nio Inc (NIO): $73.9 billion We take a look at the press release from Nio Inc (NIO) in which they announced their May 2021 vehicle deliveries. The group reported year on year growth in deliveries of just over 95%
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NIO delivered 6,711 vehicles in May 2021, representing a solid 95.3% year-over-year growth. The deliveries consisted of 1,412 ES8s, the Company’s six-seater and seven-seater flagship premium smart electric SUV, 3,017 ES6s"
More About Nio Inc (NIO)
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater flagship premium electric SUV in China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began the first deliveries of the ES6 in June 2019. NIO officially launched the EC6, a 5-seater premium smart electric coupe SUV, in December 2019 and plans to commence deliveries in 2020.
Nio Inc (NIO) vehicle deliveries for May 2021
SHANGHAI, China, June 01, 2021 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading manufacturer of premium smart electric vehicles in China, today provided its May 2021 delivery results.
NIO delivered 6,711 vehicles in May 2021, representing a solid 95.3% year-over-year growth. The deliveries consisted of 1,412 ES8s, the Company’s six-seater and seven-seater flagship premium smart electric SUV, 3,017 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,282 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of May 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 109,514 vehicles.
In May, the Company's vehicle delivery was adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments. Based on the current production and delivery plan, the Company will be able to accelerate the delivery in June to make up for the delays from May. The company maintains and reiterates the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.
NIO delivered 6,711 vehicles in May 2021, representing a solid 95.3% year-over-year growth. The deliveries consisted of 1,412 ES8s, the Company’s six-seater and seven-seater flagship premium smart electric SUV, 3,017 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,282 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of May 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 109,514 vehicles.
In May, the Company's vehicle delivery was adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments. Based on the current production and delivery plan, the Company will be able to accelerate the delivery in June to make up for the delays from May. The company maintains and reiterates the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021.
Nio Inc (NIO) stock price chart over the last 5 years
The image below shows the stock price history of Starbucks (SBUX) over the last 5 years. And its been a very good time for Starbucks (SBUX) stockholders with the stock increasing sharply by 96.3% over the last 5 years.
The stock of Starbucks is trading at closer to its 52 week high than it is to its 52 week low which is a clear indication that the short term sentiment and momentum of Starbucks stock is positive at this point in time.
The stock of Starbucks is trading at closer to its 52 week high than it is to its 52 week low which is a clear indication that the short term sentiment and momentum of Starbucks stock is positive at this point in time.
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