AutoBeta(AutoBeta.net)01/06 Report--

Today, according to the December 2019 delivery data released by Ulai, 3170 vehicles were delivered in December 2019, an increase of 25.4% over the previous month, falling short of the annual sales target.

So far, the cumulative delivery volume of Xilai Automobile for the whole year of 2019 reached 20565, an increase of 81% over the same period last year, of which 8224 were delivered in the fourth quarter.

In terms of specific models, in December 2019, ES6, the second model of the NIO brand, delivered 2537 units, up 22.7% from the previous month; ES8, the first SUV model, delivered 633 units in December, up 37.3% from the previous month, with a total of 9132 units for the whole year.

At the third NIO Day on December 28, 2019, Ulay unveiled its third production model, the electric sedan SUV EC6. The price and configuration of the new car are expected to be announced in July 2020, and delivery will begin in September. At the same time, the new ES8 is also released and delivery is expected to begin in April 2020.

On December 30, Xilai announced its third-quarter results in front of U. S. stocks. Although still in a state of loss, a number of good news, such as higher-than-market revenue in the third quarter, a sharp reduction in losses, and expected delivery in the fourth quarter, caused NIO's shares to rise more than 100 per cent at one point in intraday trading.

Another key figure mentioned in the financial report is that delivery is expected to exceed 8000 vehicles in the fourth quarter, or the highest quarterly delivery record in the company's history.

According to the contract between Xilai Motor and Jianghuai Factory, if the company produces less than 20,000 vehicles, it will have to bear the cost of depreciation loss on the production line. The delivery volume in 2019 was just over 20,000, so I have to say I was lucky!

In 2019, Xilai delivered a total of 20565 pure electric vehicles, lower than the original annual delivery target of 40 to 50, 000. Li Bin, founder of NIO, said that although the auto industry remained weak, especially the sharp decline in sales of new energy vehicles in the second half of 2019, NIO achieved its fifth consecutive monthly increase in delivery. "this is due not only to our products and services, but also to the enthusiasm, loyalty and support of our users."

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