NIO Inc. Provides May 2022 Delivery Update
June 01 2022 - 5:30AM
NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the
“Company”), a pioneer and a leading company in the premium smart
electric vehicle market, today announced its May 2022 delivery
results.
NIO delivered 7,024 vehicles in May 2022. The
deliveries consisted of 5,317 premium smart electric SUVs,
including 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s, the
Company’s flagship premium smart electric sedan. As of May 31,
2022, cumulative deliveries reached 204,936 vehicles.
In May 2022, the Company’s vehicle production
had been gradually recovering from the impact of COVID-19 outbreaks
in certain regions in China while vehicle deliveries were still
constrained to a certain extent by the corresponding preventive
measures. NIO plans to further ramp up the production capacity to a
higher level by working closely with supply chain partners and to
accelerate the delivery recovery starting from June, in light of
the recent supportive developments in the COVID-19 situation and
the strong order inflow.
As of May 2022, NIO users’ cumulative mileage
exceeded 5 billion kilometers. The NIO Pilot has assisted our users
in driving for over 418 million kilometers, among which the
cumulative mileage of Navigate on Pilot (NOP) exceeded 157 million
kilometers, demonstrating the appeal of our advanced ADAS functions
to users.
About NIO Inc. NIO Inc. is a
pioneer and a leading company in the 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
electric vehicles to share joy and grow together with users. NIO
designs, develops, jointly manufactures and sells premium smart
electric vehicles, driving innovations in next-generation
technologies in autonomous driving, digital technologies, electric
powertrains and batteries. NIO differentiates itself through its
continuous technological breakthroughs and innovations, such as its
industry-leading battery swapping technologies, Battery as a
Service, or BaaS, as well as its proprietary autonomous driving
technologies and Autonomous Driving as a Service, or ADaaS. NIO
launched the ES8, a seven-seater flagship premium smart electric
SUV in December 2017, and began deliveries of the ES8 in June 2018
and its variant, the six-seater ES8, in March 2019. NIO launched
the ES6, a five-seater high-performance premium smart electric SUV,
in December 2018, and began deliveries of the ES6 in June 2019. NIO
launched the EC6, a five-seater premium smart electric coupe SUV,
in December 2019, and began deliveries of the EC6 in September
2020. NIO launched the ET7, a flagship premium smart electric
sedan, in January 2021, and began deliveries of the ET7 in March
2022. NIO launched the ET5, a mid-size premium smart electric
sedan, in December 2021.
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. 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 announcements, circulars or other publications
made on the websites of each of The Stock Exchange of Hong Kong
Limited (the “SEHK”) and the Singapore Exchange Securities Trading
Limited (the “SGX-ST”), 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 ensure and expand manufacturing capacities including
establishing and maintaining partnerships with third parties; its
ability to provide convenient and comprehensive power solutions to
its customers; the viability, growth potential and prospects of the
newly introduced BaaS and ADaaS; its ability to improve the
technologies or develop alternative technologies in meeting
evolving market demand and industry development; NIO’s 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, ES6, EC6, ET7 and ET5; 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 U.S. Securities and Exchange
Commission and the announcements and filings on the websites of
each of the SEHK and SGX-ST. 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
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