NIO ES8 Sales Hit 1,766 In September, Over 3,000 YTD

OCT 16 2018 BY MARK KANE 8

NIO is ramping up ES8 production and sales.

The new Chinese all-electric car manufacturer – NIO – happily announced that in September it delivered 1,766 ES8 SUVs, which since launch in late June already noted 3,368 deliveries.

So far, NIO is delivering more cars every month, but that will not necessarily be the case in October, because the company will be installing a second production line for both the ES8 and upcoming ES6.

By the end of 2018, NIO hopes to deliver 10,000 ES8.

NIO ES8 Delivery Volume

2018 – Jun 2018 – Jul 2018 – Aug 2018 – Sep
Monthly Units of Delivery 100(1) 381 1,121 1,766
Cumulative Units of Delivery 100(1) 481 1,602 3,368

 (1) NIO started deliveries of ES8 on June 28, 2018. Deliveries for June represent the 3-day period from June 28 to June 30, 2018.

The ES8 is a 7-seater high-performance electric SUV, while the ES6 scheduled for June/July 2019 is a 5-seater.

William Li, Founder, Chairman and Chief Executive Officer of NIO Inc. said:

“We are delighted that we have delivered more than 3,350 ES8s since beginning delivery on June 28, 2018. Growing our monthly deliveries from 381 in July to 1,766 in September demonstrates our steady production ramp, strong demand from users and the initial acceptance of NIO as a premium brand.”

Louis T. Hsieh, NIO’s Chief Financial Officer, added:

“We are pleased to have delivered 3,268 ES8s during our third fiscal quarter, exceeding our target of 2,900 to 3,000 vehicles by 9%.  In addition, in observance of the China National Day one week holiday at the beginning of October, we temporarily shut down our ES8 production line for 10 days for routine maintenance and to install equipment for our second production line which we plan to use to meet the increasing demand for ES8s and for ES6 production, our 5-seater premium SUV targeted for release in June/July 2019. While the planned production transition will slow our deliveries for October, it paves the way for accelerated production ramp in the future and we remain on track to achieve our delivery goal of 10,000 ES8s for the second half of 2018.”

NIO ES8 – Interior and Exterior

Categories: NIO, Sales

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8 Comments on "NIO ES8 Sales Hit 1,766 In September, Over 3,000 YTD"

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Benz

“The ES8 is a 7-seater high-performance electric SUV”

This would sell well in Europe and the US (if the price is not too high).

Chris O

Yeah, China recently slapped a 40% import tax on EVs from the US so I don’t think this car has much of a future in the US.

Gabriel Rheault

I think they did that in response over trump taxes on Chinese import. If that car can be sold in US, Chinese will find a way to bring it in North America

wavelet

Yup. China actually reduced tariffs in July, but raised them in Aug. for imports to the US, as a response to the Orange Ape’s actions.

wavelet

Uh, any import tax imposed by the Chinese would affect US-built cars sold in China, not the other way aorund (-;
Methinks you mean the 25% tariff Trump has imposed on Chinese vehicles imported into the US (violating US-ratifed treaties).

rey

Like I said before , more BEVs the better Nio will do good in China, Europe next and North America later . Detroit will be in trouble if they don’t get on the BEV wagon, next up is Lucid, a good design , get into production Asap,while Detroit is still sleeping.

John-EU

between the front seats (at 5:40 minutes) there is what you call a ftrunk! Nice car, but a bit big for Europe. The ES6 will do great though!

Jake Brake

Impressive ramp rate. NIO has achieved full production rate of the gen 1 volt in a matter of months. Considering they are a a start-up, might have been a smart move to go with contract manufacturing.