NIO differentiates itself through its continuous technological breakthroughs and innovations, such as its industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as its proprietary autonomous driving technologies and Autonomous Driving as a Service, or ADaaS. NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. is a pioneer and a leading company in the premium smart electric vehicle market. The NIO Pilot has assisted our users in driving for over 418 million kilometers, among which the cumulative mileage of Navigate on Pilot (NOP) exceeded 157 million kilometers, demonstrating the appeal of our advanced ADAS functions to users. NIO plans to further ramp up the production capacity to a higher level by working closely with supply chain partners and to accelerate the delivery recovery starting from June, in light of the recent supportive developments in the COVID-19 situation and the strong order inflow.Īs of May 2022, NIO users’ cumulative mileage exceeded 5 billion kilometers. In May 2022, the Company’s vehicle production had been gradually recovering from the impact of COVID-19 outbreaks in certain regions in China while vehicle deliveries were still constrained to a certain extent by the corresponding preventive measures.
As of May 31, 2022, cumulative deliveries reached 204,936 vehicles. The deliveries consisted of 5,317 premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s, the Company’s flagship premium smart electric sedan. NIO delivered 7,024 vehicles in May 2022. (NYSE: NIO HKEX: 9866 SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its May 2022 delivery results. SHANGHAI, China, J(GLOBE NEWSWIRE) - NIO Inc. Cumulative deliveries of vehicles as of reached 204,936.NIO delivered 37,866 vehicles year-to-date in 2022, increasing by 11.8% year-over-year.NIO delivered 7,024 vehicles in May 2022.The institution besides confirmed plans to motorboat a caller upscale, five-passenger SUV, the ES7, aboriginal this month, with deliveries opening successful August.NIO Inc. Nio said its caller factory, the company's second, has begun pre-production builds of the upcoming ET5 sedan, owed successful September. But helium expects Nio's gross borderline to statesman to retrieve successful the 3rd 4th arsenic offsetting outgo cuts instrumentality hold. Rising commodity costs person continued to compression margins, CEO William Bin Li said during the company's net call. They recovered somewhat to extremity the time astatine $18.80, down astir 7.5%. Nio's shares were down astir 9% successful aboriginal trading Thursday arsenic investors digested the diminution successful gross margin. Cash astatine quarter-end: $8.4 billion, down somewhat from $8.7 cardinal arsenic of the extremity of 2021.Gross margin: 14.6%, versus 19.5% a twelvemonth earlier and 17.2% successful the 4th fourth of 2021.Adjusted nonaccomplishment per share: 13 cents, versus 4 cents successful the archetypal 4th of 2021.Revenue: $1.56 billion, up 24% from the archetypal 4th of 2021.Here are different cardinal numbers from Nio's first-quarter net report. Chinese electric-vehicle shaper Nio mislaid $281.2 cardinal successful the archetypal quarter, wider than the $68.8 cardinal it mislaid a twelvemonth ago, arsenic it scrambled to support gait with aggravated request amid China's caller Covid-related shutdowns.
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