NIO Inc. Provides April 2022 Delivery Update

NIO ET5

First NIO ET5 tooling test builds rolled off the production line

  • NIO delivered 5,074 vehicles in April 2022

  • NIO has delivered 30,842 vehicles since the start of 2022, up 13.5% year-over-year

  • Cumulative vehicle deliveries as of April 30, 2022 reached 197,912

SHANGHAI, China, May 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and market-leading company in the high-tech smart electric vehicle market. range, today announced its delivery results for April 2022.

NIO delivered 5,074 vehicles in April 2022. Deliveries consisted of 4,381 premium smart electric SUVs, including 1,251 ES8, 1,878 ES6 and 1,252 EC6, and 693 ET7, the flagship premium smart electric sedan of the society. As of April 30, 2022, cumulative deliveries reached 197,912 vehicles.

In late March and April 2022, the company’s vehicle production and delivery were affected by supply chain volatility and other constraints caused by a new wave of COVID-19 outbreaks in parts of China. . Vehicle production is gradually recovering. The Company will closely monitor the situation and its impact on the Company’s business and financial conditions, and will continue to work with its supply chain partners to expedite the resumption of production at full capacity.

On April 29, 2022, the first batch of ET5 tooling trials rolled off the production line at NeoPark’s new manufacturing plant in Hefei. The company plans to begin shipping the ET5 in September 2022.

NIO is committed to environmental protection and sustainability. In April 2022, the Company partnered with the World Wide Fund for Nature in Clean Parks, an ecosystem co-construction initiative launched by NIO in 2021. The two parties will jointly establish a clean and low energy circulation system. carbon in national parks and nature reserves.

About NIO Inc.

NIO Inc. is a pioneer and leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community from intelligent electric vehicles to share joy and grow with users. NIO jointly designs, develops, manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO is differentiated by its continuous technological breakthroughs and innovations, such as its industry-leading battery swap technologies, Battery as a Service, or BaaS, as well as its proprietary Autonomous Driving and Autonomous Driving as a Service technologies. , or ADaaS. NIO launched the ES8, a premium seven-seat smart electric SUV in December 2017, and began deliveries of the ES8 in June 2018 and its variant, the six-seat ES8, in March 2019. NIO launched the ES6, a five-seater premium high-performance smart electric SUV, in December 2018, and began deliveries of the ES6 in June 2019. NIO launched the EC6, a premium smart electric coupe SUV five-seater, in December 2019, and began deliveries of the EC6 in September 2020 NIO launched the ET7, a flagship premium electric smart sedan, in January 2021, and began deliveries of the ET7 in March 2022. NIO launched the ET5, a premium mid-size smart electric sedan, in December 2021.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “will ‘, ‘expects’, ‘anticipates’, ‘aims’, ‘future’, ‘intends’, ‘plans’, ‘believes’, ‘estimates’, ‘is likely to’ and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission, in its annual report to shareholders, in announcements, circulars or other postings made on The Stock Exchange of Hong Kong Limited, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including, but not limited to, the following: NIO’s strategies; the future business development, financial condition and results of operations of NIO; NIO’s ability to develop and manufacture a car of sufficient quality and to please customers on time and at scale; its ability to secure and expand manufacturing capabilities, including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of new BaaS and ADaaS; its ability to improve technologies or develop alternative technologies to meet changing market demand and industry development; NIO’s ability to meet mandatory motor vehicle safety standards; its ability to secure the supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales for ES8, ES6, EC6, ET7 and ET5; its ability to control the costs associated with its operations; its ability to build the NIO brand; general economic and business conditions globally and in China and assumptions underlying or relating to any of the foregoing. Further information regarding these and other risks is included in NIO’s filings with the United States Securities and Exchange Commission and the Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and NIO undertakes no obligation to update any forward-looking statement except as required by applicable law.

For more information, please visit: http://ir.nio.com

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Source: NIO

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a0e605a-fc51-4733-a648-445608a679f1

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