Nio Inc (NIO)

[JellyDonut]

Chinese New Year and virus, watch pos rebound.

NIO delivered 1,598 vehicles in January 2020, 11.5% lower than the same month last year. This decrease was primarily due to the reduction in business days in January due to the comparatively earlier Chinese New Year holiday in 2020. The extended holiday due to the unfortunate outbreak of the novel coronavirus first identified in Wuhan, China also affected our sales results. January 2020 deliveries consisted of 1,493 ES6s, the Company’s 5-seater high-performance premium electric SUV, and 105 ES8s, the Company’s 7-seater high-performance premium electric SUV and its 6-seater variant. Total aggregate deliveries of the ES6 and the ES8 reached 33,511 vehicles.