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NIO’s April delivery numbers are in

2 May 2022 By Klavs Valters

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NIO Inc. reported its latest delivery numbers for April on Sunday.

The Chinese electric vehicle company delivered 5,074 cars last month – a decrease of 28.55% year-over-year. Production and deliveries were impacted by supply chain issues and other constraints caused by COVID-19 outbreaks in China, according to the company.

The deliveries in April consisted of:

  • 1,251 ES8s – the company’s six-seater or seven-seater flagship premium smart electric SUV
  • 1,878 ES6s – the company’s five-seater high-performance premium smart electric SUV
  • 1,252 EC6s – the company’s five-seater premium smart electric coupe SUV
  • 693 ET7s – the Company’s flagship premium smart electric sedan

NIO has delivered a total of 197,912 electric vehicles as of 30th April , 2022.

NIO Inc. chart

Here is how the stock has performed in the past year:

  • 1 Month -23.85%
  • 3 Month -20.10%
  • Year-to-date -47.29%
  • 1 Year -58.08%

NIO price targets

  • Morgan Stanley: $34
  • HSBC: $69
  • Goldman Sachs: $56
  • Barclays: $34

NIO is the 19th largest automaker in the world with a market cap of $25.39 billion.

You can trade NIO Inc. (NIO) and many other stocks from the NYSE, NASDAQ, HKEX and the ASX with GO Markets as a Share CFD.

Sources: NIO Inc., CompaniesMarketCap

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