NIO Inc. Provides September and Third Quarter 2020 Delivery Update
October 02 2020 - 4:00AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s
premium smart electric vehicle market, today provided its September
and third quarter 2020 delivery results.
NIO delivered 4,708 vehicles in September 2020, a
new monthly record representing a strong 133.2% year-over-year
growth. The deliveries consisted of 3,210 ES6s, the Company’s
5-seater high-performance premium smart electric SUV, 1,482 ES8s,
the Company’s 6-seater and 7-seater flagship premium smart electric
SUV, and 16 EC6s, the Company’s 5-seater premium electric coupe
SUV. NIO delivered 12,206 vehicles in the third quarter of 2020,
representing an increase of 154.3% year-over-year and exceeding the
higher end of the Company’s quarterly guidance. As of September 30,
2020, cumulative deliveries of the ES8, ES6 and EC6 reached 58,288
vehicles, of which 26,375 were delivered in 2020.
About NIO Inc.
NIO Inc. is a pioneer in China’s premium smart
electric vehicle market. Founded in November 2014, NIO’s mission is
to shape a joyful lifestyle. NIO aims to build a community starting
with smart EVs to share joy and grow together with users. 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 flagship 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 began deliveries of the ES6 in June 2019. NIO
officially launched the EC6, a 5-seater premium electric coupe SUV,
in December 2019 and began first deliveries of the EC6 in late
September 2020.
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, 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 its 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 its vehicles; its ability to secure sufficient
reservations and sales of the ES8 and ES6; its ability to control
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 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: +86-21-6908-2018
Email: ir@nio.com
Source: NIO
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