NIO Records a 48.3% Jump in Deliveries in August but Cuts Outlook on Chip Issues

NIO Records a 48.3% Jump in Deliveries in August but Cuts Outlook on Chip Issues

(Nio Inc.) Nio Inc. delivered 5,880 vehicles in August this year, up 48.3% from the comparable month of 2020. The deliveries consisted of 1,738 ES8s, 2,342 ES6s, and 1,800 EC6s.

Total deliveries of Nio to August 31 hit 131,408

Nio now expects to deliver about 22,500 to 23,500 vehicles in the third quarter, which is below the previous outlook of 23,000 to 25,000 vehicles due to ongoing uncertainty and volatility in chip supply.

NIO: NYSE is down -5.21% on premarket.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image