NIO Inc. Provides May 2019 Monthly Delivery Update
June 04 2019 - 5:40AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in
China’s premium electric vehicle market, today provided its May
2019 delivery results.
1,089 ES8s were delivered in May 2019, for a
total of 2,213 vehicles delivered through the first two months of
second quarter. As of May 31, 2019, aggregate deliveries of
the Company’s ES8, high-performance premium electric SUV, reached
17,550 total vehicles.
“In light of the challenging macroeconomic and
Chinese auto market backdrop, our team has been working to deepen
our market penetration and expand our channels. We are pleased with
the ES8 sales figures we have seen thus far as the second quarter
progresses,” said William Li, founder, chairman and chief
executive officer of NIO. “With April and May deliveries
completed, we now anticipate full second quarter ES8 deliveries to
be near the top of, or to exceed, the Company’s prior guidance
range of 2,800 to 3,200 quarterly deliveries. We are also
pleased that ES6, our 5-seater, sporty high-performance premium
electric SUV, is on schedule to commence deliveries to users later
this month.”
NIO ES8 Delivery Volume
Year |
2018 |
2019 |
|
End of Month |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
|
Monthly Units
of Delivery |
3,318 |
1,805 |
811 |
1,373 |
1,124 |
1,089 |
|
Cumulative Units of
Delivery |
11,348 |
13,153 |
13,964 |
15,337 |
16,461 |
17,550 |
|
|
|
|
|
|
|
About NIO Inc.
NIO Inc. is a pioneer in China’s premium electric vehicle
market. Founded in November 2014, NIO’s mission is to shape a
joyful lifestyle by offering premium smart electric vehicles and
being the best user enterprise. NIO designs, jointly manufactures,
and sells smart and connected premium electric vehicles, driving
innovations in next generation technologies in connectivity,
autonomous driving and artificial intelligence. Redefining the user
experience, NIO provides users with comprehensive, convenient and
innovative charging solutions and other user-centric services. NIO
began deliveries of the ES8, a 7-seater high-performance premium
electric SUV in China in June 2018, and its variant,
the 6-seater ES8, in March 2019. NIO officially launched the
ES6, a 5-seater high-performance premium electric SUV,
in December 2018 and plans to make the first batch of
deliveries of ES6 in June 2019.
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to”
and similar statements. Among other things, the Business Outlook
and quotations from management in this announcement, as well as
NIO’s strategic and operational plans, contain forward-looking
statements. NIO may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission (the “SEC”), in its annual report to
shareholders, 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 statement, including but not limited to the
following: NIO’s strategies; NIO’s future business development,
financial condition and results of operations; NIO’s ability to
develop and manufacture a car of sufficient quality and appeal to
customers on schedule and on a large scale; its ability to grow
manufacturing in collaboration with partners; its ability to
provide convenient charging solutions to our customers; its ability
to satisfy the mandated safety standards relating to motor
vehicles; its ability to secure supply of raw materials or other
components used in our vehicles; its ability to secure sufficient
reservations and sales of the ES8 and ES6; its ability to control
costs associated with our operations; its ability to build our NIO
brand; general economic and business conditions globally and
in China and assumptions underlying or related to any of
the foregoing. Further information regarding these and other risks
is included in NIO’s filings with the SEC. All information
provided in this press release is as of the date of this press
release, and NIO does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
For more information, please
visit: http://ir.nio.com
For investor and media inquiries, please contact:
NIO Inc. Investor Relations Tel:
+86-21-6908-3681 Email: ir@nio.com
The Piacente Group, Inc. Brandi Piacente Tel:
+1-212-481-2050 Email: nio@tpg-ir.com
Ross Warner Tel: +86-10-6508-0677 Email: nio@tpg-ir.com
Source: NIO
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