NIO delivered 2,526 vehicles in October, a record high in 2019, and its stock price surged 10%

On November 4, 2019, NIO released its latest car sales data. According to NIO, it delivered a total of 2,526 cars in October 2019, which was the highest monthly car delivery of NIO since 2019, an increase of 25% from last year and 61% from last month. Influenced by this news, NIO's stock price rose by 10%.

In terms of details, in October 2019, NIO delivered a total of 2,220 ES6s and 306 ES8s. In 2019, NIO delivered a total of 14,867 vehicles. Overall, NIO still mainly promotes the NIO ES6, which has a better cost-effectiveness.

Although NIO's October data was still impressive, combined with the Q2 quarterly financial report released by NIO earlier, NIO suffered a loss of RMB 3.2858 billion in Q2. In four years, NIO has lost a total of RMB 20 billion, which must have put great pressure on NIO's finances.

Data from Qichacha shows that NIO has not received any financing since it received a RMB 10 billion investment from Yizhuang State Investment on May 28, 2019. Therefore, NIO still needs to seize the opportunity of good car sales to raise funds in order to cope with the more severe tests in the future.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.