Nope, you are correct! From the Wikipedia page, which cites the standards document:

• Representations can be done in one of two formats – a basic format with a minimal number of separators or an extended formatwith separators added to enhance human readability. The standard notes that “The basic format should be avoided in plain text.” The separator used between date values (year, month, week, and day) is the hyphen, while the colon is used as the separator between time values (hours, minutes, and seconds). For example, the 6th day of the 1st month of the year 2009 may be written as “2009-01-06” in the extended format or as “20090106” in the basic format without ambiguity.