NIO Inc. Delivered 1,766 ES8 Vehicles in the Month of September 2018 and 3,268 Vehicles for the Third Quarter of 2018
October 15 2018 - 4:00AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s
premium electric vehicle market, today announced that as of
September 30, 2018, year-to-date deliveries of its ES8, a 7-seater
high performance electric SUV, reached 3,368 vehicles, 3,268 of
which were delivered in the third quarter 2018. Additionally,
delivery volume of the ES8 in September 2018 was 1,766,
representing a nearly 58% increase from the prior month.
“We are delighted that we have delivered more
than 3,350 ES8s since beginning delivery on June 28, 2018,” said
William Li, Founder, Chairman and Chief Executive Officer of NIO
Inc. “Growing our monthly deliveries from 381 in July to 1,766 in
September demonstrates our steady production ramp, strong demand
from users and the initial acceptance of NIO as a premium
brand.”
Louis T. Hsieh, NIO’s Chief Financial Officer,
added “We are pleased to have delivered 3,268 ES8s during our third
fiscal quarter, exceeding our target of 2,900 to 3,000 vehicles by
9%. In addition, in observance of the China National Day one
week holiday at the beginning of October, we temporarily shut down
our ES8 production line for 10 days for routine maintenance and to
install equipment for our second production line which we plan to
use to meet the increasing demand for ES8s and for ES6 production,
our 5-seater premium SUV targeted for release in June/July 2019.
While the planned production transition will slow our deliveries
for October, it paves the way for accelerated production ramp in
the future and we remain on track to achieve our delivery goal of
10,000 ES8s for the second half of 2018.”
NIO ES8 Delivery Volume
|
2018 - Jun |
2018 - Jul |
2018 - Aug |
2018 - Sep |
Monthly Units of Delivery |
100(1) |
381 |
1,121 |
1,766 |
Cumulative Units of Delivery |
100(1) |
481 |
1,602 |
3,368 |
(1) NIO started deliveries of ES8 on June
28, 2018. Deliveries for June represent the 3-day period from June
28 to June 30, 2018.
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 electric SUV in
China from June 2018 and plans to launch ES6, a 5-seater electric
SUV in late 2018.
Safe Harbor StatementThis 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. 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. 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.Jade WeiTel:
+86-21-6908-3681Email: ir@nio.com
Heather DiwuTel: +86-10-5687-4108Email:
ir@nio.com
The Piacente Group, Inc.Brandi PiacenteTel:
+1-212-481-2050Email: nio@tpg-ir.com
Ross WarnerTel: +86-10-5730-6201Email:
nio@tpg-ir.com
Source: NIO
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