Thursday, June 8, 2023

Is NIO going to register Q2 YOY drop in vehicles delivery?


Nio delivered 25,059 vehicles in Q2 2022. In 2023, Nio delivered 6658 and 6155 vehicles in April and May respectively. To match 2022 Q2 delivery of 25,059 vehicles, Nio would need to deliver 12,246 vehicles for the month of June 2023. If Nio misses this mark, it will be quite negative blow for the Nio. It would also put the CEO's remark of Nio potential turning profitable by end of 2023 into question.



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