NIO Beats Its Own Guidance After Sales Surged in June

Chinese electric-vehicle maker NIO (NYSE: NIO) said it delivered 3,740 vehicles in June, up 179% from a year ago, a record monthly total that powered a record quarterly total for the company as well. 

Here are the key points from NIO's statement.

Data source: NIO. Chart shows monthly deliveries of NIO's ES8 and ES6 for every month since the ES8's debut in late June of 2018. Chart by author.

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Source Fool.com