01
Sales volume
Sales volume by model:
Q2 sales volume was 23,520 units, -6.1% YoY and -24.2% YoY. As of the end of July, NIO had sold a total of 36,4579 units.
The first half of this year should have been the second most difficult time for NIO. The last time was in '19. This time, on the one hand, it was a product replacement. In anticipation of the replacement, sales of old models on the NT1.0 platform were weak, mainly due to reduced prices to clear inventory; on the other hand, the new models ET7, ET5, and ES7 on the NT2.0 platform did not meet expectations and played a role in underwriting sales volume.
Q3 guidelines:
Sales volume: 55000-57,000 units, a year-on-year increase of 74%-80.3%.
Revenue: 18.9 billion to 19.52 billion, a year-on-year increase of 45.3% to 50.1%.
The sales volume in July was 20,462 units. Judging from the guidelines, the average monthly sales volume in August and September was 17,000-18,000 units. The guidance fell short of expectations.
02
infrastructures
There are close to 4,700 power exchange stations and charging stations together. As a comparison: Xiaopeng has 1,000, ideally 37.
No matter how many negative opinions people have about NIO, leaving aside the perspective of investment, NIO is indeed committed to investing and serving. This kind of attitude and spirit of serving users is second to none in China.
Of course, there are advantages and disadvantages to continuing to invest in energy recharge facilities over a long period of time. The advantage is that it has greatly improved the car owners' experience and gradually built a moat, making it difficult for competitors to catch up with them in the short term. The disadvantages are also obvious. With huge investment, it is difficult to get commercial returns in the short term. For capital...