NIO reports December, Q4 deliveries

NIO has delivered 10,489 vehicles in December 2021, up 49.7% Y/Y.

Deliveries breakdown: 2,782 ES8s, 4,939 ES6s, 2,768 EC6.

Q4 deliveries of 25,034 vehicles, up 44.3% Y/Y, a new record-high quarterly delivery.

2021 deliveries totaled 91,429 vehicles, up 109.1% Y/Y.

As of December 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 167,070 vehicles.

On December 18, 2021, NIO held NIO Day 2021 in Suzhou and launched the ET5, a mid-size premium smart electric sedan, with deliveries expected to commence in September 2022. The pre-subsidy starting price of the ET5 is RMB328,000, or RMB258,000 with Battery as a Service (BaaS).

In addition, the Company expects to begin the delivery of the ET7, a flagship premium smart electric sedan, in March 2022.

Author: Gaurav Batavia, Seeking Alpha

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