NIO Inc. Provides December 2019 Delivery Update
January 06 2020 - 3:00AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s
premium electric vehicle market, today provided its December 2019
delivery results.NIO delivered 3,170 vehicles in December 2019,
representing a robust 25.4% month-over-month growth contributed by
strong sales of both the ES6, the Company’s 5-seater
high-performance premium electric SUV, and the ES8, the Company’s
7-seater high-performance premium electric SUV and its 6-seater
variant. The deliveries consisted of 2,537 ES6s and 633 ES8s, an
increase of 22.7% and 37.3% respectively, compared with November
2019. As of December 31, 2019, aggregate deliveries of the ES6 and
the ES8 reached 31,913 vehicles, of which 20,565 were delivered in
2019.“December marked the fifth consecutive month of increasing
deliveries for NIO despite the continuous softness of the overall
auto industry and in particular, the significant decline of the
electric vehicle sales in the second half of 2019,”
said William Bin Li, founder, chairman and chief executive
officer of NIO. “These results are attributable, not only to
our products and services that continue to stand out from
competition in quality, performance and pricing, but also to our
passionate, loyal and supportive user base. Through favorable word
of mouth and referrals, our existing users remain a steady and
relevant driver of new orders. Our sales also benefited from the
expansion of our sales network through the continued launch of more
efficient NIO Spaces. With our product offerings further deepened
and upgraded in 2020 though the all-new ES8, the 100-kWh battery
pack and the upcoming EC6, a 5-seater smart premium electric coupe
SUV, we expect our order momentum to continue 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. NIO officially launched the EC6, a 5-seater smart premium
electric coupe SUV, in December 2019 and plans to commence
deliveries in 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: +86-21-6908-3681 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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