Chinese EV maker Nio says Q3 deliveries totaled 24,439 vehicles, topping its own guidance

Published Oct 01 2021 at 12:11 PM GMT
  • ADRs jumped 3% in premarket trade Friday, after the the China-based electric vehicle maker reported deliveries of 10,628 vehicles in September, up 125.7% from the year-earlier period, and deliveries of 24,439 vehicles in the third quarter.
  • The third-quarter number was ahead of the company's own guidance from early September of 22,500 to 23,500 vehicles.
  • At the time, the company said the global chip shortage was expected to weigh, and lowered guidance from an earlier range of 23,000 to 25,000 vehicles.
  • "As of September 30, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 142,036 vehicles," the company said in a statement.
  • The third-quarter number represents an increase of 100.2% from the third quarter of 2020.



  • Published Oct 1, 2021 12:11 PM GMT