Category: Nio

NIO delivers 6,155 vehicles in May, down 7.55% from Apr

delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year.

NIO delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year.

NIO officially launched its all-new ES6 based on the NT 2.0 platform on May 24, and the model was the fastest from launch to delivery for NIO, with deliveries starting on launch night.

On May 24, the all-new ES6 had opened for delivery in 13 regions in China on the night of its launch, NIO announced on Weibo in the early morning of May 25.

NIO will report its unaudited financial results for the first quarter on Friday, June 9, before the US markets open, at which time it is expected to release its guidance for second quarter deliveries.

Given that it has already announced deliveries in both April and May, its guidance at that time will essentially be for June deliveries.

Below is its press release, as the CnEVPost article is being updated.

NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its May 2023 delivery results.

NIO delivered 6,155 vehicles in May 2023. The deliveries consisted of 2,396 premium smart electric SUVs, and 3,759 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 333,410 as of May 31, 2023.

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.

In addition, NIO plans to launch a new vehicle model based on NT2.0, ET5 Touring, a mid-size smart electric tourer and start its delivery to users in June 2023.

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NIO adds 10 showrooms and 66 swap stations worldwide in May

As of May 31, had 118 NIO Houses and 269 NIO Spaces worldwide.  |  NIO US | NIO HK | NIO SG

(Image credit: NIO)

NIO (NYSE: NIO) continued its expansion of showrooms and infrastructure in May.

The Chinese electric vehicle (EV) maker added 10 showrooms and 66 battery swap stations worldwide in May, according to information released today by the NIO App.

NIO's showrooms include the flagship NIO Houses and the smaller NIO Spaces. The former is a space where NIO offers owners a quality lifestyle, in addition to displaying and selling vehicles.

The company added four new NIO Houses in May, all of which are located in China. To date, the total number of NIO Houses worldwide is 118, including 114 in China and 4 in Europe.

NIO added six NIO Spaces in May, all of which are also located in China. As of May 31, NIO had 269 NIO Spaces worldwide, including 263 in China and 6 overseas.

NIO also added 10 new service centers in May, including three in China and seven overseas. This brings the total number of facilities to 299, including 257 in China and 42 overseas.

NIO added 1 new delivery center in May, bringing the total number of such facilities to 53.

In May, NIO added 66 battery swap stations, including 64 in China and 2 overseas.

As of May 31, NIO had 1,464 battery swap stations worldwide, with 1,448 in China and 16 overseas.

NIO also added 93 charging stations in May, bringing the number to 2,648, of which 2,640 are in China and 8 are overseas.

As of May 31, NIO had 15,673 charging piles worldwide, including 15,649 in China and 24 overseas.

NIO's charging map added access to 22,511 third-party charging piles in May, bringing the total to more than 1,110,000, including more than 400,000 overseas.

The company is expected to announce vehicle delivery figures for May later today. It delivered 6,658 vehicles in April, down 35.85 percent from 10,378 in March.

NIO kicks off preparations for NIO Day 2023

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NIO ET5 wait time becomes longer, EC7 and ES7 shorter

The ET5 wait time has changed from 2-3 weeks to about 3 weeks, the EC7 from 5-7 weeks to about 5 weeks, and the ES7 from about 4 weeks to about 3 weeks.  |  NIO US | NIO HK | NIO SG

(Image credit: CnEVPost)

NIO (NYSE: NIO) has three models that saw their wait times change today, with one becoming longer and the other two becoming shorter.

The ET5 -- NIO's cheapest model currently on sale -- has an updated wait time of about 3 weeks, slightly higher than the previous 2-3 weeks, the latest check by CnEVPost shows.

The sedan's wait time last changed on May 16, when it went from about two weeks to 2-3 weeks.

The latest wait time for the NIO ES7 SUV is about 3 weeks, a week shorter than the previous wait time of about 4 weeks. The last change in the wait time for the model was on May 9, when it went from about 3 weeks to about 4 weeks.

NIO launched the ES7 on June 15, 2022, the company's second model based on the NT 2.0 platform after the ET7 and the first SUV on the second-generation platform.

The first delivery of the NIO ES7 was on August 28, 2022. The company does not disclose deliveries of the ES7 when it announces delivery figures each month.

The wait time for NIO's new coupe SUV EC7 changed to about 5 weeks today, down from the previous 5-7 weeks. The last change in the model's wait time was on May 16, when it went from about 5 weeks to 5-7 weeks.

The EC7 was launched on NIO Day 2022 on December 24, 2022, with the first delivery on April 28 of this year.

Except for ET5, EC7 and ES7, the expected delivery dates of other NIO models remain unchanged today.

Deliveries of the new ES8 will begin in June, the wait time for the new ES6 is still not shown, and the ET7 is about 3 weeks, information from the NIO App monitored by CnEVPost shows.

Data table: Latest wait times for NIO models

(Screenshots on June 1.)

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Former XPeng exec joins NIO as head of navigation division, report says

Former Internet center vice general manager Liu Fanfan has joined as head of the navigation and location services division, according to local media.

(Image credit: CnEVPost)

NIO (NYSE: NIO) appears to be attracting a lot of XPeng (NYSE: XPEV) talent, and the trend continues.

Liu Fanfan, formerly vice general manager of XPeng's Internet center, has joined NIO as head of its navigation and location services division, local media outlet LatePost reported today.

Liu reports to Zhang Lei, NIO's vice president of digital cockpit and software development, and is also the head of smart cockpit delivery for NIO's NT 3.0 platform models, according to the report.

NIO is phasing out the NT 1.0 platform and transitioning its models to the NT 2.0 platform. The company's sub-brand models, which it plans to begin delivering next year, will be based on the next-generation NT 3.0 platform, according to the previously announced information.

Liu, who has worked for in-car navigation provider Telenav for more than 10 years, joined XPeng in March 2018 and was responsible for the map navigation, in-car systems and app ecosystem business at the Internet center.

During his time at the company, XPeng Internet center developed the in-car system Xmart OS, which debuted on the XPeng G3 in late 2018.

Xmart OS was upgraded to version 2.1.0 in October 2020, and introduced a full-scene voice interaction feature that allows control of 90 percent of XPeng's in-house developed applications by voice, the report noted.

XPeng's team expanded rapidly after its Hong Kong listing in June 2021, growing to nearly 14,000 people by the end of 2021, more than twice the size of the team at the end of 2020.

However, XPeng's team has undergone significant restructuring in 2022, with many of its mid-level R&D staff and executives leaving to join NIO between last year and this year, the LatePost report noted.

Last April, Harry Wong, formerly XPeng's director of self-driving products, officially joined NIO to take charge of the self-driving experience.

On September 6 last year, local automotive website Xchuxing reported that the former XPeng's head of voice recognition, Zhao Hengyi, had left in March and he would join NIO.

LatePost reported today that Zhao joined NIO ahead of Liu and is responsible for businesses including virtual voice assistant Nomi, reporting to Ted Li, NIO's head of product experience.

NIO kicks off preparations for NIO Day 2023

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NIO kicks off preparations for NIO Day 2023

is more likely to announce plans for its sub-brands than new NIO-brand models on NIO Day 2023.

(Image credit: CnEVPost)

With about five months of the year gone, NIO (NYSE: NIO) has kicked off preparations for its biggest event of the year, NIO Day.

NIO today began recruiting user advisory group members for NIO Day 2023 in China, with the registration deadline of 8:00 pm Beijing time on June 3.

NIO Day is an annual event for NIO and its friends, and the company has had a NIO Day user advisory panel since 2019, according to an article posted on the NIO App today.

Only NIO owners or those who have ordered a NIO vehicle can apply to join the NIO Day user advisory panel, and they also need to have ample spare time to participate in discussions and preparations for the event.

"Users with relevant experience or skills in large-scale event planning, execution, content direction, music production and planning, and art curation are especially welcome to join us," NIO said.

It will conduct an initial screening based on applications and subsequent interviews. In late June, the company will announce the names of the NIO Day 2023 user advisory panel members.

NIO typically holds its annual NIO Day event at the end of each year or at the beginning of the following year, and unveils the latest models and technologies.

The last such event, NIO Day 2022, was held on December 24 in Hefei, Anhui province, the city where NIO's vehicle assembly plants are located.

The city of NIO Day is not decided by NIO, but rather by its customers' votes. The company is expected to continue this practice this year.

NIO launched its preparations for NIO Day 2023 at about the same time as it did for the last event.

The company began recruiting members for the NIO Day 2022 user advisory panel on June 7, 2022, and on July 15 began the process of selecting cities to host the event.

On August 29, 2022, the host city for NIO Day 2022 was determined to be Hefei, and on December 8, the event was scheduled for December 24.

NIO launched the EC7 and the new ES8 at the last NIO Day event, with deliveries of the former already starting a month ago and the latter expected to start in June.

There is no clue what new models or technologies NIO will unveil on NIO Day 2023.

On December 14 last year, local auto media Auto Home reported that NIO was going to build its own "Mercedes Maybach" model, which was already in the design stage and would be a luxury sedan priced at 1 million yuan ($144,000).

The luxury sedan will be operated under the NIO brand, not a sub-brand, and will compete with the Mercedes-Benz Maybach S-class, the report said, citing an NIO insider close to the project.

If things go well, the model would be released as early as 2024 and sold globally, the source added.

It is worth noting that these rumors have never been confirmed by NIO.

In addition, NIO management previously mentioned that the company plans to start delivering mass-market models in the second half of 2024, with prices in the RMB 200,000 to 300,000 range.

The sub-brand, internally codenamed ALPS, will be based on the NT 3.0 platform and powered by NIO's own batteries.

In addition to ALPS, NIO is also planning a third brand with the internal code name Firefly, which will debut in Europe and is expected to go on sale in the third quarter of 2024, according to information previously revealed by the company's management.

Including the new ES8, which has not yet begun delivery, NIO currently has six models on sale, which seems to be a well-established model matrix.

On NIO Day 2023, the company is more likely to announce information about the two sub-brands than new models.

NIO's Firefly project will have its own plant, but city not yet determined, report says

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NIO App stops showing wait time for new ES6

has produced some new ES6 vehicles based on designer-recommended configuration combinations, and deliveries of customized vehicles will begin in mid-June.

(Image credit: CnEVPost)

NIO's (NYSE: NIO) mobile app has stopped showing the wait time for the new ES6, which previously showed an expected delivery date in May.

The electric vehicle maker officially launched the new ES6 in China on May 24, when it announced a starting price of RMB 368,000 ($51,920) including batteries.

Deliveries of the new ES6 started in 13 regions of China on the night of the launch on May 24, NIO announced on Weibo in the early morning hours of May 25.

This is NIO's fastest model from launch to delivery as it has changed its strategy to produce some vehicles earlier for quicker delivery.

NIO began production of the new ES6 based on designer-recommended configuration configurations, and if consumers purchase these vehicles, deliveries would officially begin on May 25, according to a May 24 post on the NIO App.

Consumers who wish to customize the vehicles can lock in their orders in the NIO App, and deliveries will begin in mid-June.

Notably, NIO appears to still be in the process of ramping up capacity for the new ES6, and deliveries of the model appeared to be limited last week.

NIO vehicles had 1,600 insurance registrations last week, according to figures shared by its local peer today.

This means that NIO's cumulative sales for the month through last week were about 5,300 units. NIO's numbers for the first three weeks of May were 1,100, 1,200 and 1,400 units, respectively.

Expected delivery dates for NIO's other models remain unchanged today, with the new ES8 set to begin delivery in June, the ES7 with a wait time of about 4 weeks, the EC7 with 5-7 weeks, the ET7 with about 3 weeks and the ET5 with 2-3 weeks.

($1 = RMB 7.0874)

Data table: Latest wait times for NIO models

(Screenshots on May 30.)

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China NEV insurance registrations for week ending May 28: Li Auto 7,100, XPeng 2,100, NIO 1,600

's cumulative sales so far this month were around 5,300 units, with the company launching and starting deliveries of the new ES6 on May 24.

For the week of May 22 to May 28, (NASDAQ: LI) sold 7,100 vehicles, continuing to lead among China's new car brands, the company said today on Weibo.

Li Auto didn't explain what that sales volume was based on, but apparently, they were insurance registrations. The company had suspended sharing those numbers earlier this month, but has now resumed sharing them.

Last week's numbers mean that Li Auto sold 25,413 vehicles from May 1 to May 28. In the first three weeks of May, Li Auto's numbers were 4,543, 6,670 and 7,100 vehicles.

Li Auto is currently untroubled by the product switch, and its founder, chairman and CEO Li Xiang said on Weibo on May 24 that the company's five-seat SUV, Li L7, is expected to reach 20,000 monthly sales in October.

All of Li Auto's models currently on sale are extended-range electric vehicles (EREVs), with the other two models being the six-seat Li L9 and Li L8.

NIO (NYSE: NIO) sold 1,600 units last week, according to figures shared by Li Auto.

This means that NIO's cumulative sales for the month through last week were about 5,300 units. NIO's numbers for the first three weeks of May were 1,100, 1,200 and 1,400 units, respectively.

NIO officially launched the new ES6 on May 24, after the wait for the model by potential consumers seemed to have been holding down its sales.

Deliveries of the new ES6 began on the evening of May 24, although the vehicles were produced by NIO in advance rather than customized by consumers to their liking.

NIO began production of the new ES6 based on designer-recommended configuration combinations, and if consumers purchase these vehicles, official deliveries will begin on May 25, according to a May 24 post on the NIO App.

Consumers who wish to customize the vehicles can lock in their orders in the NIO App, and deliveries will begin in mid-June.

(NYSE: XPEV) vehicles sold 2,100 units last week, up from 1,500 units the week before. The numbers were 870 and 1,500 in the first two weeks of May, respectively.

Since May 1, XPeng vehicles have sold 5,970 units this month.

(NASDAQ: TSLA) sold 12,800 units in China last week, up from 10,200 the week before, according to figures shared by Li Auto.

That figure for Tesla was 5,928 and 9,990 in the first two weeks of May and 38,918 cumulatively so far this month.

was at 1,900 last week, down from 2,000 the week before and up from 1,500 in the second week of May. Its numbers for the first week of May are not available.

sold 2,100 units last week, up from 1,500 the week before. That figure was 1,000 and 1,700 units in the first two weeks of May, for a cumulative total of 6,300 units so far this month.

Leapmotor sold 3,600 units last week, up from 3,000 the week before. That figure was 2,200 and 2,500 units in the first two weeks of May, and 11,300 units so far this month.

China NEV insurance registrations for week ending May 21: Li Auto 7,100, XPeng 1,500, NIO 1,400

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NIO opens new plant in Hefei to produce swap stations

is aiming to add 1,000 battery swap stations this year, and to make up for the lack of capacity, it decided to build a new plant in Hefei to produce them, an executive said.

(NIO Power senior vice president Shen Fei talks to the media in Shanghai in March 2023. Image credit: CnEVPost)

NIO (NYSE: NIO) has added a new factory to produce battery swap stations to support its aggressive plan to add 1,000 battery swap stations this year, which it announced three months ago.

A new battery swap station was shipped from the Hefei, Anhui plant on Friday evening, and the station was installed in Xiamen, Fujian this morning, according to NIO Power senior vice president Shen Fei.

Shen revealed the development today on Weibo, which is the first time we've seen content about NIO's new battery swap station factory in Hefei, home to two of NIO's vehicle assembly plants.

NIO decided to add 1,000 battery swap stations this year after the Chinese New Year, and to make up for the lack of capacity, the company decided to build a factory in Hefei to produce these facilities, Shen said.

It took three months from the time that decision was made to the time the first battery swap station was shipped from the plant, according to Shen.

Shen did not provide more details, but the progress appears to have been made with the help of NIO's battery swap station supplier.

Shenzhen-traded Shandong Weida Machinery, which has been supplying battery swap stations to NIO, said on March 29 that its Kunshan, Jiangsu-based subsidiary Swap had developed and delivered the third-generation battery swap stations for NIO.

Swap will continue to develop, produce and supply according to NIO's actual demand and orders in the future, Weida said at the time on an investor interactive platform.

Swap is a joint venture established in 2017 by NIO Power and Weida's industrial robotics subsidiary Demac, dedicated to the design, development, production and manufacturing of automatic battery swap systems, according to information on its official website.

It is unclear how many factories Swap has in China to produce battery swap stations for NIO, which has a factory in Hungary to produce the facility that went into operation in September 2022.

The third generation of NIO's battery swap stations was unveiled at the NIO Day 2022 event on December 24, 2022, capable of storing up to 21 packs, up from 13 for its predecessor generation and five for the first generation of the facility.

NIO announced plans at the time to add 400 battery swap stations by 2023, though that plan was raised to 1,000 on February 21.

William Li, NIO's founder, chairman and CEO, said at the time that the company would further accelerate the deployment of battery swap stations, with a goal of having more than 2,300 battery swap stations in China by the end of 2023.

Speaking at a press conference on the first day of the Shanghai auto show on April 18, Li said that NIO would add about 200 battery swap stations per month starting in June.

As of May 29, NIO had 1,432 battery swap stations in China, 383 of which are located along highways, according to data monitored by CnEVData.

The company also has 2,624 charging stations in China, providing 15,591 charging piles.

NIO swap station tracker

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