Chinese premium electric vehicle maker NIO Inc. provided its December, fourth quarter and full year 2021 delivery results.
NIO delivered 10,489 vehicles in December 2021, increasing by 49.7% year-over-year. The deliveries consisted of 2,782 ES8s, the company’s six- or seven-seater flagship premium smart electric SUV, 4,939 ES6s, the company’s five-seater high-performance premium smart electric SUV, and 2,768 EC6s, the company’s five-seater premium smart electric coupe SUV.
NIO delivered 25,034 vehicles in the fourth quarter of 2021, a new record-high quarterly delivery representing an increase of 44.3% year-over-year.
NIO delivered 91,429 vehicles in 2021 in total, representing a strong increase of 109.1% year-over-year.
As of December 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 167,070 vehicles.
On December 18, 2021, NIO held NIO Day 2021 in Suzhou and launched the ET5, a mid-size premium smart electric sedan, with deliveries expected to commence in September 2022. The pre-subsidy starting price of the ET5 is RMB328,000 ($51,440 USD), or RMB258,000 ($40,460 USD) with Battery as a Service (BaaS). In addition, the company expects to begin the delivery of the ET7, a flagship premium smart electric sedan, in March 2022.