Chinese luxury electric automaker NIO reported global sales/deliveries of 6,155 battery electric vehicles in May as part of its monthly delivery update. Notably, that sales result represents a slight year-on-year decline of 12% from 2022’s record of 7,024 and a month-on-month decline from 6,658 unit sales in April.
It is worth noting that the Chinese Tesla rival usually has over 6,000 monthly sales. However, the automaker’s shift to NT2.0-based models from the older NT1.0-based models affected this latest result.
As usual for Chinese automakers, most of their sales are concentrated in their home market, China.
NIO Car Sales – May 2023
NIO outlined that the 6,155 total for May consisted of 2,396 premium smart e-SUVs (down 55% YoY) and 3,759 premium smart e-sedans (up 120% YoY).
Notably, the company’s smart e-SUVs consist of the following models: EC6, ES6, EC7, ES7, ES8. Meanwhile, the e-sedans are ET5 and ET7.
Unfortunately, NIO no longer releases separate sales data for individual models.
Below are NIO’s May results:
| Vehicle Type | Models | Sales | Change YoY |
| Crossover/SUVs | EC6, ES6, EC7, ES7, ES8 | 2,396 | down 55% YoY |
| Sedans | ET5, ET7 | 3,759 | Up 120% YoY |
| Total | All | 6,155 | down 12% YoY |
NIO Car Sales – YTD
NIO reported deliveries of over 43,800 BEVs in the first five months of the year, indicating a YoY growth of 16%.
Below are NIO’s YTD results:
| Vehicle Type | Models | Sales | Change YoY |
| Crossover/SUVs | EC6, ES6, EC7, ES7, ES8 | 14,539 | down 59% YoY |
| Sedans | ET5, ET7 | 29,315 | up 1,044% YoY |
| Total | All | 43,854 | up 16% YoY |
As mentioned, the automaker is currently transitioning to next-gen EVs, affecting the nearly 60% YoY decline.
In hindsight, NIO’s FY 2022 sales hit over 122,000 units globally. In total, the automaker has already sold 333,410 EVs.
Model portfolio
NIO debuted the second-gen variant of the ES6 model in May 2023, which utilizes the NT2.0 platform. The e-SUV model reportedly earned 30,000 reservations within just three days, InsideEVs reports.
“On May 24, 2023, NIO launched the All-New ES6, a smart electric all-round SUV in China and started its deliveries the next day. Derived from NIO Technology 2.0 (NT2.0), the All-New ES6 offers enhanced driving and riding experiences with exquisite design, high performance, superior comfort, and advanced digital systems. The All-New ES6 caters to wide-ranging journeys of users for their family, business and leisure needs.”
NIO
Apart from that, NIO also announced plans to release the NT2.0-based ET5 Touring, a mid-size smart electric tourer, this June.
See Also:
- NIO to begin German delivery operations for its ET5 model by the end of March
- NIO to exhibit its new ES6 model at the 2023 Shanghai Auto Show
- NIO discounts older EV models amid auto price war in China
- NIO App no longer provides ET7 hold time as the reworked model ramps up
- NIO electric vehicle sales nearly doubled in February
NIO’s current and future BEV portfolio
NIO Technology (NT1.0) platform:
- outgoing EC6, ES6, ES8
NIO Technology (NT2.0) platform:
- Crossover/SUV: ES7 [in Europe known as EL7], EC7, new ES8 (from June), new ES6 (from May) [EL6 in Europe]
- Sedans: ET5, ET7
- Tourer: new ET5 Touring (from June)
The NIO BEV portfolio should be extensively updated by the end of 2023, which might increase sales to the more suitable five-digit level per month.
