China's NIO Sold 3,268 Autos Last Quarter, Most of Them Last Month

Nio, originally launched as NextEV in 2014, announced that it had delivered 3,268 electric SUVs in the third quarter of 2018. Not only does this beg the question of when Nio swapped from Formula E and electrified hypercars to utility vehicles, but it also makes us wonder how a burgeoning EV firm managed to surpass production goals. Aren’t all zero-emission automobiles that aren’t developed by established automakers supposed to languish in purgatory?

Answering the first question is easy. Nio started deliveries of the ES8 crossover last June, though it still sells the high-performance EP9 for $1.2 million. We doubt that model provided any significant contributions to overall volume in Q3. The trickier bit of this equation is figuring out how the Nio moved all that metal. While 3,200 cars is a paltry some for a mainstream manufacturer, it’s pretty damn good for a company that just started building a volume electric. Even Tesla would have been envious in 2012.

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Chinese Startup NIO Wants to Sell Global Crossover With Adorable A.I. Over the Phone

Nio, the Chinese electric vehicle startup that uses swappable batteries and implements a full-time digital assistant, wants to launch a global model that would make its way to the United States by 2020. To do it, it needs an alternative to the traditional dealer network most brands rely upon. Fortunately for Nio, it already has an app that allows for direct sales in China.

However, that doesn’t mean Americans would be comfortable with purchasing a car over the phone. Nor does it guarantee the United States would eagerly adopt the kind of vehicles Nio is building. For the most part, the North American market isn’t hugely enamored with electric vehicles, and the portions that are interested seem fiercely loyal to a specific Californian brand named after a Serbian-American inventor.

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  • Add Lightness ...and I thought the Trump Towers were excessively pretentious.
  • Daniel Tons of discounts out there on the eGMP's, just pick your style: Ionic 5/6, Kia EV6 and Genesis GV60. Personally, I got $20k off on a $60k MSRP GT-Line EV6 (only $7500 of that was a "rebate" from the state, the rest was Kia and dealer discounts). They are not only the same platform, but nearly identical mechanically other than slightly adjusted wheelbases. Find this one ugly? Look at Ionic 5 or EV6 instead, it's actually pretty cool how they came up with 4 distinct styles with basically the same car to fit many different tastes.
  • Dave Holzman EVs will be ready for prime time when the chargers are dependable, and easy to use, when they can fill the battery in around 10-15 minutes, when there are sufficient numbers of them that people don't have to hang out for a half an hour waiting for a fast charger to be free, when chargers are widely available even in Nebraska, Wyoming, eastern Oregon, Nevada, Utah, the northern parts of Maine, New Hampshire, and Vermont, and within 10 miles of the start of the Tail of the Dragon, and when they get fixed pronto when they have problems.
  • MaintenanceCosts The Supercharger network is something with much more growth potential than their actual car building operations, which has been marvelously run to this point and has a years-long head start on all its competitors, and Elon lays the whole team off?I don't know if it's distraction or the drugs, but he is not making good decisions and should not be CEO anymore.
  • Dirk Wiggler I drive down the Palisades and near the George Washington Bridge I see FIAT housing complex (apartments, same font as the auto company). Seems like they tout energy/electric efficiency. I always wonder, 'what's that...is it really the same FIAT?'