NIO Achieved New Record-High Monthly Deliveries. Deliveries of ES6 exceeded 10,000 in July 2023. NIO delivered 20,462 vehicles in July 2023, increasing by 103.6% year-over-year.
NIO Inc. (NIO) today provided an updated delivery outlook for the fourth quarter of 2022. In December 2022, the Company has been facing challenges in deliveries and production, together with certain supply chain constraints
NIO shares are trading 16.48% higher today at $12.25 on speculation that China will be forced to a wide reopening of it’s Covid-restricted economy after the recent violent protests.
Nio reported third-quarter earnings below the analyst’s expectations with wider losses and higher revenues, amid the covid supply disruptions in China.