NIO said it plans to further ramp up production capacity to a higher level and to accelerate the delivery recovery starting from June.
NIO (NYSE: NIO, HKG: 9866, SGX: NIO) delivered 7,024 vehicles in May, up 38.43 percent from April and 4.66 percent from the same month last year, according to figures released today.
That includes 5,317 SUVs, with 746 ES8s, 2,936 ES6s and 1,635 EC6s. A total of 1,707 units of its flagship electric sedan ET7 were delivered in May.
This is the first time ET7 deliveries have surpassed those of the EC6, bringing the model's total deliveries to 2,563 since it first started delivering in late March.
As of May 31, 2022, NIO's cumulative deliveries reached 204,936 units.
The company's vehicle production has gradually recovered in May from the impact of the Covid-19 outbreak in certain areas of China, while vehicle deliveries remain somewhat constrained by corresponding precautionary measures, it said.
NIO plans to further ramp up the production capacity to a higher level by working closely with supply chain partners and to accelerate the delivery recovery starting from June, in light of the recent supportive developments in the Covid-19 situation and the strong order inflow, it said.
As of May 2022, NIO users have accumulated more than 5 billion kilometers, the company's English press release said today.
NIO Pilot has assisted users in driving more than 418 million kilometers, with Navigate on Pilot (NOP) accumulating more than 157 million kilometers, demonstrating the appeal of its ADAS capabilities to users, NIO said.
Separately, NIO said in its Chinese press release that the company will hold a new product launch in the near future, when it will also announce plans for a smart cockpit hardware upgrade on existing SUV models.
The upgrade will include making these models use Qualcomm Snapdragon 8155 chips, smart gateways, HD cameras, and 5G modules, according to NIO.
Earlier today, XPeng Motors (NYSE: XPEV, HKG: 9868) said that it delivered 10,125 vehicles in May, up 12.5 percent from April and 78 percent from a year ago.
Li Auto (NASDAQ: LI, HKG: 2015) delivered 11,496 vehicles in May, up 176 percent from April and up 165.93 percent from a year ago.
NIO monthly vehicle delivery data