NIO grows massively compared to the previous year in Q1-2021; Only easy to Q4-2020

NIO grows massively compared to the previous year in Q1-2021; Only easy to Q4-2020-year

NIO has a look at the past first quarter 2021, indicating that a growth was shown in terms of deliveries. Depending on the viewing angle, this growth is very high. Compared to the same quarter of the previous year, sales have grown by 422.7%, by 15.6% compared to the fourth quarter of 2020.

Looking at the first quarter for itself, it turns out that sales are divided as follows: 4.516 ES8, the 7-seater electric SUV flagship, 8.088 ES6, medium sized SUV, as well as 7.456 EC6, as Nio calls his SUV coupe. Until 31. March 2021 reached the cumulative deliveries of the ES8, ES6 and EC6 95.701 vehicles. Compared to the fourth quarter of 2020, an increase has been recorded again. Delivered on vehicles NIO between October and December of the year 2020 a total of 17.353 Electric cars (in the previous quarter: 12.206, in the same quarter of the previous year: 8224 units).

NIO thus fulfilled its own expectations to the first quarter 2021 despite semiconductor bottlenecks. First of all, it was assumed that at the end of the first quarter 2021 with around 19.500 vehicles to be expected to be delivered to customers. The vehicle sales amounted to 1.13bn. US dollar, which corresponds to an increase of 489.8% compared to the first quarter of 2020 and an increase of 20.0% compared to the fourth quarter 2020. The margin on sale amounted to 21.2%, which compared to the 4. Quarter 2020 (17.2%) equal to equal increase. As well as a significant compared to the first quarter 2020 (-7.4%).

“In April, We Celebrated The 100,000th Production Vehicle Rolling Off The Line Together With Our Users and Partners. MEWHILE, WE STARTED TO DEPLOY OUR POWER SWAP STATIONS 2.0, Which Could Significantly Boost The Service Capacity of Each Station to Maximum 312 Times Per Day By Shortening The Battery Swapping Time To Under Three Minutes. We Have Always Been Committed to Providing A Superior Holistic Ev Experience To Our Users With Better Products and Services.”- MR. Li, founder of NIO

Since 2018, Nio has brought ES8 to the ES6 and the EC6 on the market. All were well received by E motorists from the premium SUV segment and the entire industry. With the ET7, the first flagship sedan of NIO enriched its own portfolio, the Chinese automobile manufacturer has strengthened its position on the market. Meanwhile, over 100.000 electric cars run from the band.

These are manufactured in the JAC NIO plant, while this is a joint venture between NIO and JAC Motors, a state-run automaker and NIOS contract manufacturer. Because actually all current models of NIO from JAC are produced. The reason for this is that Nio has no own production license from the Chinese government. Finally, rumors came up to a second production site, which Jac wanted to use Nio Stromer. There is a possibility that this happens in Neo Park in China, the new e-mobility stroke, where NIO is massively involved.

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