This website uses cookies to improve your experience while you navigate through the website. CICC sees room for NIO, Li Auto, and Xpeng shares to rise as their market caps far away from Tesla, Costs were lower than the corresponding period and implementation of cost reduction and efficiency measures improved. Founded in 2014, Nio… NIO … Gross loss for the first quarter was RMB170 million, a decrease of RMB50 million from the same period last year. NIO delivered 7,257 electric vehicles in March 2021, a new monthly record representing a strong 373% year-over-year growth. Your email address will not be published. The EC6 comes with a panoramic sunroof and a roof glass area of approximately 2.1 square meters. The increase in cost of sales, compared to the third quarter of 2019, was mainly driven by the increase of delivery volume of the ES6 and ES8 in the third … Positioned as an electric coupe, the EC6 follows the basic design framework of the ES6 model, adding a dynamic sliding back design and a sportier feel compared to the ES6 model. NIO's cumulative sales from February 2018 to June 2020 stood at 46,082 units. NIO's sales overheads increased YoY due to the gradual recovery of the market from the COVID-19 outbreak in the second quarter, which resulted in higher selling and administrative expenses compared to the first quarter. The report notes that NIO unveiled the price for the EC6 on July 24, 2020, and will be delivered in September, priced at RMB 368,000. The EC6 is the third model of the newly launched EV brand Nio. ES8 models were 2,263 units, down 27.9 percent year-over-year and up a significant 1,060.5 percent from the first quarter. The flagship ES8 is a smart electric SUV with a range of up to 580 kilometers. The deliveries consisted of 1,529 ES8s, the company’s 6-seater and 7-seater flagship premium smart electric SUV, […] Vehicle sales were RMB7,405.8 million ... NIO launched the EC6, a five-seater premium smart electric coupe SUV, in December 2019, and began deliveries of the EC6 in September 2020. Car Sales China China by Model Nio Car Sales Nio Model Sales. Gross profit for the second quarter was RMB310 million, with a gross profit margin of 8.4%, which is a turnaround from a loss of RMB500 million in the same period last year, the first time to achieve positive gross profit. Necessary cookies are absolutely essential for the website to function properly. NIO Inc., Chinese leading premium electric vehicle maker, provided its February 2021 delivery results. Research and development expenses for the second quarter were RMB550 million, down 58.1% year-over-year, and up 4.4% from the first quarter. the ec6 is the third model of the newly launched ev brand nio.it is technically based on the es6 crossover, with 320kw from 2 electric motors with 610nm of torque in the base version and 400kw from 2 electric motors with 725nm of torque as optional. Nio EC6 China Sales Figures. Employee compensation was RMB750 million, accounting for 42.0% of the total, down 39.0% year-over-year. The ES6 model sold 2,840 units, up 58.0 percent, and the ES8 model 1,125 units, up 670.6 percent year-on-year. Both versions are 4WD and have two battery options: a 70kWh with 430km of range and a 100kWh with 605km of range. NIO EC6 is NIO’s third production model after the ES8 and ES6 models. Your hub for global sales data for the Nio automotive brand. Chinese investment bank CICC raises its NIO target price again, as it sees three benefits of BaaS. Sales figures for the nio ec6 in china. Selling and administrative expenses were RMB1.79 billion in the first half of the year, down 34.9% from the same period last year. That included 1,523 seven-seater ES8 SUVs, 3,163 five-seater ES6 SUVs, and 2,416 EC6 electric crossovers. The NEDC range estimates are more liberal compared to … You can find all his articles. Nio EC6. Nio Sales “The deliveries consisted of 1,387 ES8s, ... ES6 and EC6. We'll assume you're ok with this, but you can opt-out if you wish. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Dimensions are 1.850/1.965/1.714mm with a 2.900mm wheelbase. In addition, the company unveiled the prices of the EC6 on July 24, 2020, which will be delivered in September and priced at RMB 368,000. Analysts say NIO sales to improve further, EC6 performance highly anticipated Phate Zhang September 7, 2020 The report notes that NIO unveiled the price for the EC6 on July 24, 2020, and will be delivered in September, priced at RMB 368,000. More photos » Sales. NIO was founded in November 2014 by William Li (Chinese: 李斌; pinyin: Lǐ Bīn), the Chairman of Bitauto and NextEV.After launch, several companies invested in NIO, including Tencent, Temasek, Baidu, Sequoia, Lenovo and TPG.Its first model, the NIO EP9 sports car, debuted the same day the brand was established. In their latest report, GF Securities analysts expect NIO sales to improve further with the new EC6 model's performance highly anticipated. Of which, RMB630 million and RMB290 million, or 59.5% and 27.6%, were spent on staff salaries and design and development, respectively, representing a decrease of 40.8% and 73.8% YoY. Tesla’s long-range version of the Model Y is priced at 339,000 yuan and NIO’s EC6 starts from 368,000 yuan. It is technically based on the ES6 crossover, with 320kW from 2 electric motors with 610Nm of torque in the base version and 400kW from 2 electric motors with 725Nm of torque as optional. The NIO EC6 is a fully-electric mid-size luxury crossover SUV announced in late 2019 by NIO. Revenue for the second quarter was RMB3.72 billion, up 146.5% year-over-year. But opting out of some of these cookies may have an effect on your browsing experience. According to NIO’s claims, the EC6 will have a range of 382 miles based on the NEDC (New European Driving Cycle) range. The EC6 is available in Sport, Performance, and Signature editions, with a drag coefficient starting from 0.26Cd and 0-100 km/h acceleration starting from 4.5 seconds. Bart is a 36-year old Dutchman who's always had a thing for cars, the automotive industry and statistics. Nio also inked a deal with Intel’s Mobileye division to … The EC6 is an electric coupe that seats five people, and NIO started taking preorders for the car back in July. In terms of operating revenue, the company's first-half revenue was RMB5.09 billion, up 62.1% year-on-year. We also use third-party cookies that help us analyze and understand how you use this website. Car sales statistics from China only include domestic production and exclude imported models. His daily driver is an Alfa Romeo GT 3.2 V6 which he just can't seem to say goodbye to thanks to the mesmerizing exhaust note, despite approaching 300.000km which probably makes this the most experienced GT 3.2 in the world. The addition of the EC6 should serve as a catalyst to accelerate the ongoing sales momentum.NIO Price Action: Nio shares ended Friday's session 2.63% higher at $18.32. In terms of net loss attributable to ordinary shareholders, it was RMB2.93 billion in the first half of the year, a decrease of RMB3.04 billion compared to the same period last year. The EC6 is positioned as an electric coupe, and follows the basic design framework of the ES6 model, with a sportier, more sporty design than the ES6. The significant increase in vehicle sales in the second quarter was attributed to a rebound in vehicle demand caused by the impact of COVID-19 in the first quarter. The company's total sales for the second quarter were 10,311 units, up 190.8 percent from the same period last year and up 169.2 percent from the first quarter. NIO Q2 R&D expenses decreased year-on-year due to a large amount of testing investment before the launch of ES6 models in the same period of 2019, which has returned to normal this year. Required fields are marked *. Cost of Sales and Gross Margin. NIO expects third-quarter deliveries to be in the range of 11,000 to 11,500 units, according to the company's Sept. 3 sales announcement. Nio Auto Sales Data. The EC6 is equipped with a panoramic sunroof and has a roof glass area of approximately 2.1 square meters. The He’s combined these passions by writing about them on CarSalesBase.com. NIO reports February 2021 electric vehicle sales. Loongson unveils in-house developed instruction set architecture LoongArch in historic breakthrough, China ranks first in AI patent applications, 7.2 times more than US, Huawei expects 100 million devices to have HarmonyOS installed this year, Huawei's new approach makes it easy for developers to turn GMS apps into HMS apps, Alibaba Cloud market share overtakes Google to become No. NIO's gross profit for the first half of the year was RMB150 million. Research and development expenses for the first quarter were RMB520 million, down 51.6% year-over-year. Nio Inc's (NYSE: NIO) sales momentum continued in June, as the Chinese electric vehicle manufacturer reported deliveries Thursday that nearly doubled year-over-year.. Nio… Cost of sales was RMB3,940.1 million (US$580.3 million) in the third quarter of 2020, representing an increase of 91.4% from the third quarter of 2019 and an increase of 15.7% from the second quarter of 2020. On July 24, 2020, NIO announced the pre-subsidy price of the EC6, starting from RMB 368,000, and began taking production orders for the 5-seater premium smart electric coupe SUV. The new car is positioned as a mid-size pure electric coupe SUV, EC6 inherits the NIO family design language, it has an elegant, dynamic and avant-garde coupe body design, it has a low drag coefficient of 0.27Cd. You also have the option to opt-out of these cookies. Overview. Volkswagen ID.4 X China Auto Sales Figures. Cumulative deliveries of ES8, ES6 and EC6 as of December 31, 2020 reached 75,641. Of these, 8,068 were ES6 models, an increase of 1,853.5 percent year-over-year and 121.5 percent compared to the first quarter. This website uses cookies to improve your experience. EC6 coupe version of the ES6: 2,416 (new) ES8 (7- or 6-seat SUV): 1,523 (up 514% from a low base) Total: 7,102 - (up 125% year-over-year) NIO sales in China – April 2021 5,367 items was sold in 2020 (392 th place of 721 in passenger car sales rating). Prices range from 368.000 yuan (€ 46.200,- / US$56,300) to 526.000 yuan (€ 66.000,- / US$80,500). NIO sales to be boosted as it temporarily allows customers to buy cars with 0 down payment Phate Zhang January 21, 2021 NIO today launched a short-term 0 down payment purchase option for the new NIO ES8, ES6, and EC6 from January 20 to February 28. As we can see, a year ago NIO sales were really low, which means that there should be no problem with improving the results during the first half of this year. NIO delivers a record 3,965 vehicles in August, up 104.1 percent year-on-year. A Sophisticated and High-Tech Mobile Living Space. This category only includes cookies that ensures basic functionalities and security features of the website. Depreciation and amortization expenses were RMB94.79 million, representing 8.9% of the total and an increase of 27.5% year-over-year. NIO's automotive revenue for the first half was RMB4.74 billion, up 60.8 percent year-on-year. Nio announces price of EC6 starts at 368,000 yuan before subsidies The following is a translation of the full report: According to NIO's monthly sales announcement on September 3, its August vehicle sales were 3,965 units, an increase of 104.1% year-over-year. Nio's March sales included 2,576 EC6 crossovers, 3,152 of the ES6 SUV and 1,529 of the larger ES8. Since then it's launched a smaller crossed called the ES6 and a coupe-like version of the ES6 that goes by the name EC6 . From July to August, the NIO delivered a total of 7,498 vehicles, up 169.7% year-on-year. NIO is expected to see further improvement in car sales, the performance of new models highly anticipated. The EC6 competes with the made-in-China Tesla … Your email address will not be published. Automotive revenue was RMB1.26 billion, down 18.2 percent year-on-year. NIO sales and administrative expenses were RMB850 million in the first quarter, down 35.7% year-over-year. These cookies do not store any personal information. Rapid revenue growth, positive quarterly gross profit in the second quarter. And tolal sales volume in 2020-2021 was 8,461. Overall it is still in the loss state, but the loss margin has narrowed, 63.6% less than the same period last year, and 29.9% less than the loss in the first quarter. Cumulative sales reached 82,866. Revenue from automobiles was RMB3.49 billion, an increase of 146.5% year-over-year. Sales figures for the Nio EC6 in China. Revenue in the period under review was the highest since its IPO mainly due to a significant improvement in the company's car sales in the second quarter, which totaled 10,331 units, up 190.8 percent from a year earlier. These cookies will be stored in your browser only with your consent. 40 photos of Nio EC6 » Nio EC6 interior photos. With the class-leading length of 4,850 mm, the ES6 shapes a sophisticated and high-tech mobile living space. It is mandatory to procure user consent prior to running these cookies on your website. The ES6’s successful debut kept the company afloat, and ES8 sales started to rebound as 2019 came to a close. Nio announces price of EC6 starts at 368,000 yuan before subsidies. Year over year, Nio's April sales jumped 125% to 5,147 electric vehicles. So far this year NIO significantly increased its electric car deliveries: ES6: 4,936; EC6: 4,880; ES8: 2,987; Total: 12,803 (up 455% year-over-year) The sales forecast for Q1 is 20,000-20,500. NIO primarily generates revenue through the sale of electric vehicles, including its ES8, ES6, and EC6 models. The EC6 is the third model of the newly launched EV brand Nio. This site uses Akismet to reduce spam. Of which, the first quarter was RMB 1.72 billion and the second quarter20 was RMB 1.21 billion. It is NIO’s first model to feature a microfiber headliner, three-spoke sports steering wheel and integrated sports seats, creating a … As for research and development expenses, research and development expenses for the first half of the year amounted to RMB1.07 billion, down 55.1% year-on-year. Sorry, your blog cannot share posts by email. China: January sales volume was 3,094 units (82 th place of 281 among SUVs). The NIO ES6 electric car has exceeded 50,000 units of sales mark. Nio's first volume model was the ES8, a rival to the Tesla Model X. Li points out that overall passenger vehicle sales in China took a hit and slumped over 78% year on year in February 2020, NIO’s only declined by 12.8% year on year for the same period. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. NIO sales overheads decreased year-on-year due to the effective implementation of cost reduction and efficiency measures compared to 2019. The addition of the EC6 should serve as a catalyst to accelerate the ongoing sales momentum. Its revenue per vehicle was RMB3.60 billion in the second quarter, down 15.2% year-over-year and up 0.7% from the first quarter. The Himalayan Brown color theme spices up an exuberant journey. NIO Inc., Chinese premium smart electric vehicle company, today announced its vehicle delivery results for March and the Q1 of 2021. 3 in the world, Xiaomi surpasses Apple to reach second place in Europe smartphone market share for first time, Luckin Coffee sued by US stock investors in Shanghai, first case of its kind, China's Q1 smartphone shipments up 27% year-on-year, first growth in four years, China's space station core module launched into orbit. 129.2 percent to 139.6 percent year-over-year growth, and 6.5 percent to 11.3 percent growth from the second quarter. Its quarterly revenue was RMB1.37 billion, down 15.9% year-on-year. As NIO further claims, deliveries of electric cars from the brand in the second quarter of 2021 are expected to be between 21,000 and 22,000 units, which would be 5-10% more than the first quarter and more than twice what NIO delivered in the second quarter of 2020. It also delivered 2720 ES6 models in January (up from 2493 in December), though its ES8 sales dipped from 2009 in December 2020 to 1660 in January. Learn how your comment data is processed. NIO expects third-quarter revenue of RMB4.05 billion to RMB4.21 billion, an increase of 120.4 percent to 129.3 percent year-over-year, and an increase of 8.8 percent to 13.3 percent quarter-over-quarter. Start typing to see results or hit ESC to close. Of these, 5,450 were ES6 models, an increase of 120.7 percent, and 2,048 were ES8 models, an increase of 560.7 percent. NIO completes offering of new shares, why is it increasing ownership in NIO China? Deliveries of the ES8, ES6 and EC6 were 7,225 vehicles in January 2021 and 5,578 vehicles in February 2021, representing strong 352% and 689% year-over-year growth, respectively. The innovative EC6 interior features Haptex® and fabric splicing seats, comfortable, breathable, and environmentally sustainable. Second-quarter expenses were RMB940 million, a decrease of 34.1% year-over-year and an increase of 10.4% from the first quarter. Post was not sent - check your email addresses! Nio has seen a sales resurgence after COVID-19 cases receded in China. From day one, NIO’s been busy baking in a very aggressive front end design to its cars. SHANGHAI, China, Jan. 03, 2021 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its … NIO … Bart Demandt. The following is a translation of the full report: According to NIO's monthly sales announcement on September 3, its August vehicle sales were 3,965 units, an increase of 104.1% year-over-year. Microfiber headliner, Microcloud® finish, and Nappa leather sports steering wheel, all are exquisitely crafted for a modern and sporty statement. Improve your experience while you navigate through the website range of 11,000 to 11,500 units, down 15.9 year-on-year... 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