June was a great month for NIO investors, with the company’s stock rising nearly 40% from below $40 to over $50.
NIO’s June started with the release of May’s delivery figures. The company delivered 6,711 vehicles during the month, down slightly from April and the second consecutive decline.
There has been a lot of talk about its possible launch of a sub-brand into the mass market. In May, a codename called “Gemini” first sparked the rumors, but in June company executives said “Gemini” was not a sub-brand but would remain a premium positioning.
Fast and complete coverage of China's new energy vehicle industry is an important feature of CnEVPost's daily reporting. So, is there anything else we can do for you on top of that? The answer is yes.
Today, CnEVPost is launching a new product with the goal of helping you connect the dots based on those scattered reports each month in the form of a monthly report.
Doing this was inspired by the fact that some Chinese media outlets offer this kind of product to institutional investors, and it requires extra time, so it comes with a fee.
This product is something that can mutually benefit us, and the fact that you are paying for the extra value you get will also help us make the daily reporting continue to be available for free.
We will publish several of these reports at the beginning of each month, initially covering companies including NIO and XPeng Motors.
If this model proves not to be a waste of our time, we may expand the coverage in the future and possibly provide analysis on the electric vehicle industry as well as some tracking reports on hot events.
From these reports, you will be able to see our summaries of what has happened in the past month for these companies or industries. All our reports on them will be placed after these summaries, and they will have a table of contents as well as the main content like a book.
You'll be able to see clearly from these reports what happened in the past month for these companies or industries, and the content will be presented in a clean format, without any ads.
The content we cover in our daily updates is closely focused on the capital markets, so this kind of report should be valuable for investors researching a particular company or industry.
Our first of these reports was released today and you can see the purchase channel directly on our website.
This is part of our effort to keep our current work going, and you are also always welcome to advise us if it is not needed for you.