GlobeNewswire

NIO Inc. offers delivery updates for March and the first quarter of 2021

NIO delivered 7,257 vehicles in March 2021, an increase of 373% compared to the previous year. NIO delivered 20,060 vehicles in the three months to March 2021, an increase of 423% compared to the previous year. Cumulative shipments of ES8, ES6 and EC6 as of March 31, 2021 reached 95,701 SHANGHAI, China, April 1, 2021 (GLOBE NEWSWIRE) – NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in the Chinese premium smart electric vehicle market, today announced its delivery results for March and first quarter 2021. NIO delivered 7,257 vehicles in March 2021, a new monthly record that represents strong growth of 373% year over year. The deliveries consisted of 1,529 ES8, the company’s 6-seater and 7-seater flagship, the company’s premium smart electric SUV, 3,152 ES6, the company’s 5-seater high-performance premium smart electric SUV and 2,576 EC6, the 5-seater premium smart electric from the Coupé SUV company. NIO delivered 20,060 vehicles in the first quarter of 2021, a new quarterly record that corresponds to an increase of 423% over the previous year. As of March 31, 2021, the cumulative deliveries of the ES8, ES6 and EC6 reached 95,701 vehicles. About NIO Inc. NIO Inc. is a pioneer in the Chinese smart electric vehicle market. NIO was founded in November 2014 and aims to create a happy lifestyle. NIO wants to build a community that starts with smart electric vehicles to share joy and grow together with users. NIO jointly develops, produces and sells intelligent premium electric vehicles and drives innovations in next-generation technologies in the areas of connectivity, autonomous driving and artificial intelligence. NIO is redefining the user experience, providing users with comprehensive and convenient power solutions, the Battery as a Service (BaaS), NIO Pilot and NIO Autonomous Driving (NAD), Autonomous Driving as a Service (ADaaS), and other user-centric services. NIO began shipping the ES8, a 7-seater premium electric SUV, and its variant, the 6-seater ES8, in China in June 2018. NIO officially launched the ES6, a 5 -Seater high-performance premium car electric SUV in December 2018 and began delivery of the ES6 in June 2019. NIO officially launched the EC6, a 5-seater premium electric coupe SUV, in December 2019 and began shipping the EC6 in September 2020. On January 9, 2021, NIO ET7, the smart electric flagship sedan and NIO’s first autonomous driving model, was officially launched. Safe Harbor Statement This press release contains statements that may constitute “forward-looking” statements under the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as “will”, “anticipate”, “anticipate”, “aim”, “future”, “intend”, “plans”, “believe”, “estimate”, “likely” and the like Statement. NIO may also include written or oral forward-looking statements in its regular reports to the United States Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written documents, and in oral statements made by its officers, directors or employees submit 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; NIO’s future business development, financial position and results of operations; NIO’s ability to design and manufacture a car of sufficient quality and to address customers on time and on a large scale; its ability to expand production in collaboration with partners; its ability to provide convenient charging solutions to its customers; the viability, growth potential and prospects of the newly introduced BaaS and ADaaS; NIO’s ability to meet mandatory automotive safety standards; its ability to secure supplies of raw materials or other components used in its vehicles; its ability to ensure adequate reservations and sales of the ES8, ES6, EC6, and ET7; its ability to control the costs associated with its business; its ability to build the NIO brand; General economic and business conditions worldwide and in China as well as assumptions underlying or related to the above. For more information about these and other risks, see NIO’s SEC filings. All information in this press release is as of the date of this press release and NIO assumes no obligation to update any forward-looking statements unless required by applicable law. More information is available at: http://ir.nio.com. For investor and media inquiries, please contact: NIO Inc. Investor Relations Tel .: + 86-21-6908-2018 E-Mail: ir@nio.com Source: NIO