NIO Inc. Provides December 2018 Monthly Delivery Update
January 10 2019 - 3:00AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in
China’s premium electric vehicle market, today provided its
December 2018 delivery results.
As of December 31, 2018, aggregate
deliveries of the Company’s ES8, its 7-seater, high- performance
premium electric SUV, reached 11,348 vehicles, 3,318 of which were
delivered in December.
“With 11,348 ES8 deliveries in 2018, we exceeded
our delivery goal for our first calendar year as a public company,”
said William Li, founder, chairman and chief executive officer
of NIO. “2018 has been a milestone year for us, as we
produced and delivered over 11,000 ES8s and launched our second
production car, the ES6, a 5-seater high-performance premium
electric SUV on NIO Day in December 2018. We will continue to focus
on market penetration by delivering high-quality products and
holistic services to our users and to improve the system efficiency
of our development and operations.”
“We are pleased with the solid ramp-up in
production and delivery in 2018, which demonstrated our execution
capabilities,” added Louis T. Hsieh, NIO’s chief financial officer.
“The delivery of 3,318 ES8s in December exceeded our expectation,
which was in part due to accelerated deliveries made at the year
end in anticipation of expected EV subsidy reductions in China in
2019. Despite an overall challenging automotive market and the
seasonal low demand in the first quarter, we remain committed to
expanding our sales network and strengthening our brand to support
our future growth.”
NIO ES8 Delivery Volume
2018 |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
|
|
|
|
|
|
|
|
Monthly Units of Delivery |
100(1) |
381 |
1,121 |
1,766 |
1,573 |
3,089 |
3,318 |
Cumulative Unitsof Delivery |
100(1) |
481 |
1,602 |
3,368 |
4,941 |
8,030 |
11,348 |
(1) NIO commenced deliveries of the 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 premium electric SUV
in China from June 2018 and officially launched
the ES6, a 5-seater high-performance premium electric SUV, in
December 2018.
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, 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. 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 Wei Tel: +86-21-6908-3681
Email: ir@nio.com
Heather Diwu Tel: +86-10-5687-4108 Email: ir@nio.com
The Piacente Group, Inc. Brandi Piacente Tel: +1-212-481-2050
Email: nio@tpg-ir.com
Ross Warner Tel: +86-10-5730-6201 Email: nio@tpg-ir.com
Source: NIO
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