NIO (NYSE: NIO) Reports That Its Deliveries for August 2020 Increased by 104 Percent To a Record 3,965 Units

NIO (NYSE: NIO) Reports That Its Deliveries for August 2020 Increased by 104 Percent To a Record 3,965 Units

3 years ago
Anonymous $UzyKJJH9oy

https://wccftech.com/nio-nyse-nio-reports-that-its-deliveries-for-august-2020-increased-by-104-percent-to-a-record-3965-units/

NIO (NYSE:NIO) shares saw their epic bull run stall recently amid the looming specter of equity dilution. Today, however, the company has given a fresh impetus to the bullish thesis as it revealed its deliveries for the month of August 2020, posting solid growth on an annual basis.

According to the company’s press statement, NIO delivered 3,965 EVs in August, consisting of 2,840 ES6s and 1,125 ES8s. This delivery number marks an increase of 104.1 percent relative to the comparable month last year. Year to date, the company has delivered 21,667 vehicles. The chart below illustrates NIO’s monthly deliveries so far this year: