BEIJING — Chinese language electrical automobile start-up Nio stated Thursday it delivered greater than 8,000 vehicles in a single month for the primary time.
The corporate delivered 8,083 autos in June, bringing the second-quarter whole to 21,896 vehicles, based on a launch. That quarterly determine got here in on the excessive finish of Nio’s forecast for deliveries of between 21,000 and 22,000 autos within the three months ended June.
Nio’s U.S.-listed shares are up 9% up to now this 12 months. The corporate has usually delivered extra electrical vehicles a month than two different U.S.-listed electrical automobile start-ups, Xpeng and Li Auto. Their shares are up about 3.7% and 21%, respectively, up to now this 12 months.
The sturdy second-quarter efficiency got here regardless of a decline in monthly deliveries in May from April — which the corporate had attributed to the worldwide semiconductor scarcity.
Nio’s June figures additionally introduced deliveries for the primary half of the 12 months to greater than 41,900, near surpassing the overall for all of final 12 months of 43,728 vehicles.
Nevertheless, the start-up’s deliveries nonetheless fall far wanting business large Tesla, which delivered 184,800 vehicles worldwide in the first quarter alone.
Tesla’s shares are down greater than 3.5% for the 12 months up to now.