NIO, a pioneer in China’s premium EV market, has reached milestone in its corporate history by producing its 100,000th electric vehicle on April 7th, 2021.
The 100,000th NIO EV – the new ES8 – rolled out the production line at the JAC-NIO production facility in Hefei, China, exactly 1,046 days since NIO’s flagship ES8 SUV started serial production.
It was only in July 2020 that NIO celebrated the production of its 50,000th premium SUV. Less than nine months later, NIO has reached the 100,000 mark.
NIO says that the average price of those 100,000 cars was RMB 428,000 (about $65,360).
This achievement was preceded by another record for NIO: in March 2021, the company delivered 7,257 vehicles, setting a new monthly record with a strong 373 per cent year-on-year growth.
The deliveries comprised: 1,529 ES8s, the company’s six- and seven-seat premium smart electric SUV; 3,152 ES6s, NIO’s five-seat high-performance long-range electric SUV; and 2,576 EC6s, the five-seat smart electric coupé SUV.
In the first quarter of 2021, NIO increased its deliveries by 423 per cent year-on-year and set a new quarterly record with 20,060 vehicles delivered. By 31 March 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 95,701 vehicles.