Chinese electric vehicle manufacturer NIO announced a new record for monthly electric vehicle shipments in December. Shipments for the month were up 121% year on year to 7,007 vehicles. A total of 2009 copies of the NIO ES8 model were delivered, 2493 – the ES6 model and 2505 new EC6s. For comparison: in November, the company shipped 5,291 vehicles.
The company noted that for the ninth month in a row, it has reported more than twofold growth in shipments compared to the same period last year. “2020 has been a challenging year for the entire world. On this background NIO consistently reached new heights and ended the year on a high note, delivering over 7,000 vehicles in December “– said the founder, chairman of the board of directors and chief executive officer of NIO, William Bin Li (William Bin Li).
In the IV quarter, the company delivered 17,353 vehicles, which is 111% more than the same period in 2019. This even exceeded the forecasts of the company itself, which was going to ship 16.5-17 thousand electric cars. The company said the result was driven by the growing recognition of the NIO brand, competitive and attractive products and services, and an expanded sales network.
NIO added that its Battery as a Service (BaaS) scheme has been popular with customers since the launch of the offering. It should be recalled that last year the company began the practice of selling electric vehicles without a traction battery under the BaaS scheme. This lowers the initial cost of the electric vehicle by allowing the battery to be rented, paying off the cost gradually over the year.
In total, in 2020, the company delivered 43,728 vehicles, which is 112.6% more than in 2019. NIO is becoming a serious competitor to Tesla in the huge Chinese market. By the way, on the next, already the fourth “NIO Day”, which will be held on January 9, the company is going to present a new sedan model, as well as talk about its latest developments in the field of autonomous driving and other technologies. The company noted that it is accelerating the development of new projects and continues to expand its sales and service network.
NIO’s Chinese competitor, Li Auto, previously reported monthly shipments of 6,126 Li ONE electric vehicles, up 31.9% from November and 529.6% from the same period last year.
Tesla, which reports its performance by quarter rather than month, said on Saturday that its worldwide shipments in the fourth quarter were 180,570 EVs, a 29.6% increase from the previous quarter and a 61.2% increase. than in the same period of 2019. In total, Tesla delivered almost 0.5 million vehicles to customers in 2020.
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