Nio Orders Jump 195% YoY, Needs 14–27% June Delivery Surge
NIO•Nio logged 14,500 new orders in the week of June 15–21 and 34,000 orders over two weeks, versus Tesla’s 12,600 and 25,700, marking a 195% year-over-year gain. The EV maker must deliver 42,939 to 47,939 vehicles in June to meet its second-quarter guidance of 110,000–115,000 units.
1. Ordering Trends
A leading investment bank's new-energy vehicle tracker recorded 14,500 orders for Nio in the week of June 15–21 and 34,000 orders over two weeks, versus Tesla’s 12,600 and 25,700, representing a 195% year-over-year increase for Nio.
2. Delivery Guidance
After delivering a monthly record of 37,705 vehicles in May, Nio needs 42,939 to 47,939 June deliveries, a 14%–27% sequential increase, to achieve its Q2 guidance of 110,000–115,000 units.
3. Model Lineup Expansion
Nio began deliveries of its ES9 flagship SUV on June 1, adding to a lineup led in May by the third-generation ES8, as it seeks to broaden appeal and boost monthly volumes.
4. Market Reaction and Fundamentals
Nio’s U.S. shares fell 3% yesterday and have declined for a fourth straight week after a 12% drop this month; analysts maintained a Buy rating, citing a 124% year-over-year revenue surge last quarter.
