NIO Inc. Provides November 2019 Delivery Update
December 05 2019 - 3:00AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s
premium electric vehicle market, today provided its November 2019
delivery results.NIO delivered 2,528 vehicles in November,
maintaining the strong momentum achieved in October and
representing the fourth consecutive month of delivery growth. The
deliveries consisted of 2,067 ES6s, the Company’s 5-seater
high-performance premium electric SUV, and 461 ES8s, the Company’s
7-seater high-performance premium electric SUV and its 6-seater
variant. As of November 30, 2019, aggregate deliveries of the
Company’s ES6 and ES8 reached 28,743 vehicles, of which 17,395
vehicles were delivered in 2019.“In November, we achieved another
month of solid delivery results as we expanded our sales network by
adding more NIO Spaces. By the end of November, NIO and our
partners successfully opened 37 NIO Spaces in total. Together with
21 NIO Houses, we have expanded our sales network coverage to 41
cities,” said William Li, founder, chairman and chief
executive officer of NIO. “Our strong sales performance was
also attributable to the competitiveness of our ES6 among all
premium electric SUVs and the passionate endorsement by our
existing users. In addition, our ES8 sales started to rebound from
the recent soft patch, improving more than 50% month-over-month in
November. As we continue to build more cost-effective NIO Spaces
and improve the performance of the existing ones, we are confident
in our deliveries going forward.”
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 began the first deliveries of the 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, 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.comFor
investor and media inquiries, please contact: NIO
Inc. Investor Relations Tel: +86-21-6908-3681
Email: ir@nio.comThe Piacente Group, Inc.
Brandi Piacente Tel: +1-212-481-2050 Email: nio@tpg-ir.comRoss
Warner Tel: +86-10-6508-0677 Email: nio@tpg-ir.comSource:
NIO
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