NIO Inc. Provides October 2022 Delivery Update

• NIO delivered 10,059 autos in October 2022, growing by 174.3% year-over-year
• NIO delivered 92,493 autos year-to-date 2022, growing by 32.0% year-over-year
• Cumulative deliveries of NIO autos reached 259,563 as of October 31, 2022

SHANGHAI, China, Nov. 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a number one firm within the premium good electrical automobile market, immediately introduced its October 2022 supply outcomes.

NIO delivered 10,059 autos in October 2022, representing a rise of 174.3% year-over-year. The deliveries consisted of 5,979 premium good electrical SUVs together with 2,814 ES7s, and 4,080 premium good electrical sedans together with 3,050 ET7s and 1,030 ET5s. The automobile manufacturing and supply had been constrained by operation challenges in our vegetation in addition to provide chain volatilities as a result of COVID-19 conditions in sure areas in China. Cumulative deliveries of NIO autos reached 259,563 as of October 31, 2022.

In October, NIO unveiled ET7, EL7 and ET5 for the European markets on the NIO Berlin 2022. These merchandise are step by step made obtainable for order in Norway, Germany, the Netherlands, Denmark and Sweden via NIO Subscription, leasing applications, and direct gross sales to customers.

The introduced supply quantity represents automobile deliveries via direct gross sales to customers in addition to to the leasing program associate in Europe in accordance with the income recognition coverage of the Company’s automobile gross sales. The autos underneath NIO Subscription in Europe are acknowledged as belongings on the Company’s steadiness sheet however not counted in direction of the introduced supply quantity.

About NIO Inc.
NIO Inc. is a pioneer and a number one firm within the premium good electrical automobile market. Founded in November 2014, NIO’s mission is to form a joyful way of life. NIO goals to construct a neighborhood beginning with good electrical autos to share pleasure and develop along with customers. NIO designs, develops, collectively manufactures and sells premium good electrical autos, driving improvements in next-generation applied sciences in autonomous driving, digital applied sciences, electrical powertrains and batteries. NIO differentiates itself via its steady technological breakthroughs and improvements, corresponding to its industry-leading battery swapping applied sciences, Battery as a Service, or BaaS, in addition to its proprietary autonomous driving applied sciences and Autonomous Driving as a Service, or ADaaS. NIO’s product portfolio consists of the ES8, a six- or seven-seater flagship premium good electrical SUV, the ES7 (or the EL7), a mid-large five-seater premium good electrical SUV, the ES6, a five-seater high-performance premium good electrical SUV, the EC6, a five-seater premium good electrical coupe SUV, the ET7, a flagship premium good electrical sedan, and the ET5, a mid-size premium good electrical sedan.

Safe Harbor Statement
This press launch accommodates statements which will represent “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements might be recognized by terminology corresponding to “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and related statements. NIO can also make written or oral forward-looking statements in its periodic experiences to the U.S. Securities and Exchange Commission, in its annual report back to shareholders, in bulletins, circulars or different publications made on the web sites of every of The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”), in press releases and different written supplies and in oral statements made by its officers, administrators or workers to 3rd events. Statements that aren’t historic information, together with statements about NIO’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements contain inherent dangers and uncertainties. Numerous elements might trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: NIO’s methods; NIO’s future business growth, monetary situation and outcomes of operations; NIO’s capacity to develop and manufacture a automobile of adequate high quality and enchantment to clients on schedule and on a big scale; its capacity to make sure and broaden manufacturing capacities together with establishing and sustaining partnerships with third events; its capacity to offer handy and complete energy options to its clients; the viability, progress potential and prospects of the newly launched BaaS and ADaaS; its capacity to enhance the applied sciences or develop different applied sciences in assembly evolving market demand and {industry} growth; NIO’s capacity to fulfill the mandated security requirements regarding motor autos; its capacity to safe provide of uncooked supplies or different elements utilized in its autos; its capacity to safe adequate reservations and gross sales of the ES8, ES7 (or the EL7), ES6, EC6, ET7 and ET5; its capacity to manage prices related to its operations; its capacity to construct the NIO model; common financial and business situations globally and in China and assumptions underlying or associated to any of the foregoing. Further info relating to these and different dangers is included in NIO’s filings with the U.S. Securities and Exchange Commission and the bulletins and filings on the web sites of every of the SEHK and SGX-ST. All info supplied on this press launch is as of the date of this press launch, and NIO doesn’t undertake any obligation to replace any forward-looking assertion, besides as required underneath relevant regulation.

For extra info, please go to: http://ir.nio.com

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