Friday, July 12, 2024

NIO delivers 10,052 EVs in July, down 22.44 % from June

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NIO in July delivered a total of 10,052 electric vehicles to their customers. This number is up 26.74 percent compared to the same month in 2021. However, it should be noted, the number is down 22.44 percent from 12,961 units of shipments in June 2022.

Of the 10,052 electric vehicles delivered to consumers in July, 7,579 were electric SUVs and 2,473 were electric sedans. In its electric vehicle portfolio, NIO has three electric SUV models, namely the ES8, ES6 and EC6, as well as one electric sedan model, the ET7.

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NIO ES7 first launched to the public June 15, and the first deliveries will begin on August 28. Meanwhile, deliveries of the ET5 electric sedan will begin in September.

Shipments of the ET7 electric sedan in July were down 43.14 percent from June’s 4,349 units.

NIO said parts supply chain problems kept production of the ET7 and EC6 curtailed in July. The company has been working closely with supply chain partners and expects to accelerate vehicle production to meet consumer orders.

William Li, CEO of NIO said his company is facing pressure on its supply chain especially for chips and smart hardware.

“With the NIO ET7 and some other models that use advanced processes, the company has suffered a bottleneck in capacity for parts in casting,” Li said, according to a video shared by local media outlet Laoban Lianbo.

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