NIO Inc. (NIO) stock is skyrocketing in the premarket after it has released its full-year 2020 delivery results, as well as their December and fourth quarter 2020 delivery results.
December 2020 was a solid month for NIO, with 7,007 vehicles delivered, setting a new monthly record of 121.0 percent growth year-over-year. The deliveries included 2009 ES8s premium 8-seater electric SUVs, 2493 ES6s 5 seaters, and 2505 EC6s 5 seater coupes.
During the fourth quarter of 2020, NIO delivered 17353 cars, marking a rise of 111.0 percent over the previous year and surpassing the Company’s forecast. In total, 75641 ES8, ES6, EC6 vehicles were delivered by 31 December 2020, with 43728 of those being sold in 2020.
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NIO Inc (NIO) has raised over 136% in the last 3 three months, while over 1200% in the last year amid electric vehicle increasing demand.EV maker Nio is also set to also launch new models, battery tech, and much more at its Nio Day on Jan. 9. In addition to announcing December sales figures, Nio Day will host its own celebration.