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Reading: NIO enjoyed 81% YoY sales growth to 19,329 EVs in August 2023
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EV-a2z > News > NIO enjoyed 81% YoY sales growth to 19,329 EVs in August 2023
News

NIO enjoyed 81% YoY sales growth to 19,329 EVs in August 2023

EV-a2zm
Last updated: 2023/09/05 at 8:03 PM
EV-a2zm Published September 4, 2023 3 Min Read
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Shanghai, China - Sep 3, 2020 NIO logo and the NIO store in downtown. Retail display of store at Shanghai Center mall in night. NIO is a Chinese electric car brand. NIO cars inside the store
Shanghai, China - Sep 3, 2020 NIO logo and the NIO store in downtown. Retail display of store at Shanghai Center mall in night. NIO is a Chinese electric car brand. NIO cars inside the store
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Chinese luxury electric automaker NIO’s delivery figure surged 81% year-on-year to 19,329 units in August 2023.

Contents
August salesYTD salesNIO’s EV portfolio

NIO Delivered 19,329 Vehicles in August, a YoY Increase of 81.0%

From January to August 2023, NIO has delivered a total of 94,352 vehicles, bringing the cumulative total of NIO vehicle deliveries to 383,908.

For more information:https://t.co/WwbOHUAZZK pic.twitter.com/vgdyQMz0xF

— NIO (@NIOGlobal) September 1, 2023

Meanwhile, its year-to-date deliveries reached 94,352 units, up 31.9% YoY. The press release indicated that this strong performance boosted the brand’s total deliveries to 383,908 units as of the end of the month.

August sales

Most of NIO’s 19,329 sales in August came from its crossover/SUV models, which accounted for 12,015 units. 

Meanwhile, its sedan models contributed the remaining 7,314 units.

Driving into autumn with beautiful memories of summer

All-New ES6. Life is On. pic.twitter.com/BesVb8p3HV

— NIO (@NIOGlobal) September 2, 2023

Below are the organized sales data by InsideEVs:

Vehicle TypeModelsSales/DeliveriesYoY Change
Crossover/SUVsEC6, ES6, EC7, ES7, ES812,015up 59%
SedansET5/ET5T, ET77,314up 134%
Total–19,329up 81%

YTD sales

NIO’s strong August performance raised its year-to-date deliveries to a total of 94,352 units, up 32% in the same period last year. 

Of that total, its crossover/SUV models accounted for 47,003 units. Meanwhile, the majority of sales came from its sedan models (47,349). Refer to the table below:

Vehicle TypeModelsSales/DeliveriesYoY Change
Crossover/SUVsEC6, ES6, EC7, ES7, ES8 47,003down 20%
SedansET5/ET5T, ET747,349up 279%
Total–94,352up 32%

In hindsight, NIO’s FY 2022 sales reached over 122,000 units worldwide. Overall, the Chinese brand already sold 383,908 electric vehicle models as of August.

NIO’s EV portfolio

For those unaware, NIO’s EV lineup consists of new and revamped models under the NT2.0 platform.

NIO Technology (NT2.0) platform Models
Crossover/SUVnew ES6, EC7, ES7, new ES8
SedansET5/ET5T, ET7 *in Europe ES6 is EL6, ES7 is EL7  
NIO Technology (NT1.0) platform (retired)  EC6, ES6, ES8  

The brand reportedly aims to complete the shift to NT2.0 from the prior platform (NT1.0) by September, along with the launch of the new EC6.

See Also:

  • NIO to equip its EVs with 150 kWh solid-state batteries
  • NIO launches its innovative advanced driver assist software in Beijing
  • NIO joins China’s EV price war, cuts $4000 on all models
  • NIO’s new electric models to launch in Europe on June 15
  • NIO global BEV sales dropped 12% in May 2023

Most of NIO’s sales are in its home market, China. However, it also exports some of its models to the European EV market. Remarkably, the Chinese automaker also offers its own battery swap stations for all its owners.

It further aims to expand its battery swap stations from just 1,600 in July to 2,300+ by the end of the year. 

On August 28th, NIO Netherlands launched its 7th #PowerSwap Station, located in Arnhem.

Until today, NIO has launched 26 Power Swap Stations and 10 Power Charger Stations in Europe. 500,000+ 3rd party chargers are also accessible in Europe as complementary charging solution. pic.twitter.com/G6XuLsephE

— NIO (@NIOGlobal) August 29, 2023

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TAGGED: Electric Vehicle, EV, EV Sales, NIO
EV-a2zm September 5, 2023 September 5, 2023
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