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Nio Saw 6% Rise In Average Selling Price This Year: Report

Benzinga2021-12-22

U.S. listed Chinese electric vehicle maker Nio Inc.’s average selling price has risen 6% in the first eleven months of the year, cnEVpostreported, citing a regional research agency.

What Happened:The Shanghai-based electric vehicle maker’s average sell price rose about $3,800 (RMB 24,000) to $65,000 (RMB 413,800).

The rise was due to the change in the mix. Nio sold more of its five-seater, mid-size sports utility vehicle ES6 but the percentage of sales was lower in the first 11 months compared with the percentage sales of the 5-seater crossover SUV EC6.

Nio’s average sales price ranked fourth in China. Germany’s Mercedes-Benz cars have a higher average selling price.

Why It Matters: Nio’s average sell price is expected to come down next year. Nio revealed the more affordable ET5 electric sedan on Saturday at the company’s annual day and said its fifth production model was immediately available for pre-order.

The all-electric sedan comes at a starting price of $51,500 (RMB 328,000) before government subsidies. ET5 is expected to compete with Tesla Inc’s best-selling Model 3, which is priced at $40,905 onwards, after subsidies.

Price Action: Nio shares closed 7.10% higher at $30.2 a share on Tuesday.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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  • QMY80
    ·2021-12-23
    😀
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  • Leydio
    ·2021-12-22
    贵到看不见蔚来。
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  • Cheryi
    ·2021-12-22
    Good
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  • MuppyKoh
    ·2021-12-22
    Please like
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  • betka
    ·2021-12-22
    Like plz
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  • NPC69
    ·2021-12-22
    K
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  • Newbull
    ·2021-12-22
    Hope it can bounce back n do better than XPEV 
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  • AllenKee
    ·2021-12-22
    How to compete with Tesla model 3?[Glance] 
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  • Jaden994
    ·2021-12-22
    Pls like
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  • calbee_lwh
    ·2021-12-22
    Kk
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    • Cynphony
      F
      2021-12-22
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  • wisley
    ·2021-12-22
    Gg
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  • limmeiyu
    ·2021-12-22
    Exciting
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    • Cheryi
      Like
      2021-12-22
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    • Jaden994
      amused
      2021-12-22
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    • Goldox
      Yeah
      2021-12-22
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  • YongJie
    ·2021-12-22
    O
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    • YongJie
      O
      2021-12-22
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    ·2021-12-22
    K
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    • jingabel
      ok
      2021-12-22
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  • JosephHo
    ·2021-12-22
    Ok
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