Breaking news - Apr 1st

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Table of Contents

NIO Q1 deliveries of 20,060 vehicles and beats expectations with a 423% increase YoY

  • The deliveries consisted of 1,529 ES8s, 3,152 ES6s, and 2,576 EC6s.
  • NIO delivers 20,060 vehicles in Q1 2021 giving it a 423% increase year over year
  • Deliveries beat expectation of 19,500 vehicles announced two weeks ago due to semiconductor shortage
  • Shares are up 5% pre-market at $41.
  • Overall, Biden’s proposal of massive investment in the electric vehicle market will boost the sector