NIO Set New Monthly Sales Record Of Nearly 4,000 In August 2020

NIO is on the roll, at almost 4,000 a month and now targets 5,000 a month!

NIO maintains its momentum for another month, achieving another monthly sales record, its third during the past four months!

The company delivered 3,965 cars (ES6 and ES8) in August, which is 104% more than a year ago. The next step will be 5,000 – at least it’s the new target for expanding manufacturing capacity (as the EC6 will join the lineup).

NIO sales in China – August 2020

So far this year NIO sold:

Cumulative sales reached 53,580.

An important thing is that the ES8 once again exceeded the level of 1,000 a month.

NIO network currently consists of:

William Bin Li, founder, chairman, and chief executive officer of NIO said:

“In August, we achieved our best-ever monthly performance on both deliveries and order growth. As we continue to improve the production capacity for all NIO products, our monthly capacity will reach 5,000 units in September to support our future deliveries. With the closing of our recently announced ADS offering, we have further enhanced our balance sheet and optimized our capital structure to be better prepared for the acceleration of our core technology development, autonomous driving in particular, and the global market expansion in the future.”

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