Chinese language EV maker NIO delivered over 20,000 automobiles in July, breaking a brand new month-to-month gross sales report. The success was pushed by the brand new ES6, which broke NIO’s month-to-month gross sales report for a single mannequin.

New NIO ES6 EV units month-to-month gross sales report in July

NIO launched the second-generation ES6 in Could. Regardless of being compact in dimension, NIO is seeing large outcomes from the brand new electrical SUV.

The EV maker introduced in a press launch on Tuesday that it delivered a report 20,462 automobiles in July, up 103.6% YOY and 91.1% from June. NIO credited the brand new ES6 for its success, which set a brand new month-to-month supply report exceeding 10,000 models.

By way of the primary seven months of the yr, NIO delivered 75,023 electrical automobiles, bringing its cumulative whole to 364,579.

The brand new ES6 is considered arguably NIO’s most vital mannequin but. As a extra reasonably priced different to the ES8, the ES6 has been NIO’s main vendor since deliveries started in late 2019.

Though NIO was China’s solely main EV maker to see gross sales decline month-to-month in Could, the ES6 is already sparking demand.

After launching the ES6, NIO acquired practically 30,000 pre-orders in three days, setting a brand new YTD order consumption report, in line with a analysis report from Chinese language shopper conduct analysis company CarFans.

The brand new ES6 relies on NIO’s NT 2.0 EV platform with enhanced ADAS powered by the NIO Adam supercomputer utilizing 4 Nvidia DRIVE Orin system-on-chips (SoCs).

NIO’s flagship shops noticed general visitors rise 30% to 40% month-to-month, with momentum persevering with into early June.

The brand new ET5 is NIO’s most cost-effective electrical SUV, beginning at RMB 368,000 ($51,600) for the 75 kWh model. The 100 kWh battery mannequin prices RMB 426,000 ($59,300), whereas the battery as a service (BaaS) possibility is RMB 298,000 ($41,500).

The ES6 wasn’t the one issue that drove NIO to a brand new supply report in July. The EV maker additionally slashed costs on all fashions by 30,000 RMB $(4,200) in early June, following market leaders like BYD and Tesla.

NIO additionally launched its first electrical station wagon in June, the ET5 Touring, developed for the European market. The ET5 Touring is predicted to compete with BMW and Porsche on its residence turf.

ET5 deliveries started in China in mid-June and can begin in Europe by the top of the yr as NIO expands its model abroad.