NIO is providing the delivery update for November 2020

The company made another record new monthly deliveries

• NIO has been delivered 5291 Vehicles in November 2020, Increase by 109.3% On an annual basis

• NIO has been delivered 36721 Vehicles in 2020, overall, increase 111.1% On an annual basis

• CBirths from ES8, ES6 And EC6 From November 30, 2020 I arrived 68634

SHANGHAI, CHINA, DECEMBER 1, 2020 (GLOBE NEWSWIRE) – NIO Inc. (“NIO” or “The Company”) (NYSE: NIO), the leader in the luxury smart electric vehicle market in China, today delivered November 2020 results.

NIO delivered 5,291 vehicles in November 2020, a new monthly record that represents robust growth of 109.3% year-over-year. Deliveries consisted of 1,387 ES8s, the company’s premium 6-seat and 7-seat smart electric SUV, 2,386 ES6s, the smart high-performance 5-seat electric SUV, 1,518 EC6s, the excellent 5-seat electric coupe. Seats for the company. SUV cars. NIO delivered a total of 36,721 vehicles in 2020, which is an increase of 111.1% year-on-year. As of November 30, 2020, cumulative deliveries of the ES8, ES6 and EC6 have reached 68,634 vehicles.

NIO is accelerating production capacity expansion in December 2020 to accommodate the growing demand.

About NIO Inc.

NIO is a leading player in the luxury smart electric vehicle market in China. Founded in November 2014, NIO has NIO’s mission to shape a joyful lifestyle. NIO aims to build a community that starts with smart electric cars to share joy and growth with users. NIO jointly designs, manufactures and sells premium smart electric cars, and is leading innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence. By redefining the user experience, NIO provides users with comprehensive and comfortable power solutions, innovative Battery-as-a-Service (BaaS) software, and other user-centric services. NIO began delivering the ES8, a luxury 7-seat electric SUV, in China in June 2018, and its variant, the ES8 with six seats, in March 2019. NIO officially launched the ES6, a 5-seat high-performance vehicle. The electric SUV, in December 2018 and began deliveries of the ES6 in June 2019. NIO officially launched the EC6, a luxury 5-seat electric coupe SUV, in December 2019 and began delivery of the EC6 in September 2020.

The story continues

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements in accordance with the “safe harbor” provisions of the United States Securities Litigation Reform Act 1995. These forward-looking statements may be defined by terms such as “will,” “expect,” “expect,” “objectives,” “Future”, “intends”, “plans”, “believes”, “estimates”, “likely” and similar data. Among other things, quotes from the management are contained in this announcement, in addition to the strategic and operational plans of the National Investment Center, The NIO may also provide written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements issued by officers or directors or Personnel to third parties. Statements that do not represent 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 can cause actual results to differ materially from those contained in any B Forward-looking Yan, including but not limited to the following: NIO Strategies; Development of NIO’s future business, financial position and results of operations; NIO’s ability to develop and manufacture a vehicle of sufficient quality and attract customers on schedule and at scale; Its ability to develop manufacturing in cooperation with partners; Its ability to provide convenient shipping solutions to its customers; Feasibility, growth potential, and prospects for a newly introduced BaaS model; NIO’s ability to meet mandatory vehicle safety standards; Its ability to secure the supply of raw materials or other components used in its vehicles; Its ability to secure adequate reservations and sales of ES8, ES6 and EC6; Its ability to control costs associated with its operations; Its ability to build the NIO brand; General economic and trade conditions worldwide and in China, and the assumptions underlying or related to any of the foregoing. More information on this and other risks is included in the SEC’s NIO filings. All information 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

For investor and media inquiries, please contact:

NIO Inc.

Investor relations

Phone: + 86-21-6908-2018

E-mail: [email protected]

Source: NIO