NIO Inc. Provides April 2023 Delivery Update
May 01 2023 - 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 April 2023 delivery
results.
NIO delivered 6,658 vehicles in April 2023,
representing an increase of 31.2% year-over-year. The deliveries
consisted of 1,713 premium smart electric SUVs, and 4,945 premium
smart electric sedans. Cumulative deliveries of NIO vehicles
reached 327,255 as of April 30, 2023.
In April 2023, the majority of deliveries were
attributable to ET5 and ES7, while NIO has been upgrading its
product offerings from NIO Technology 1.0 (NT1.0) to NIO Technology
2.0 (NT2.0).
In late April 2023, NIO started to steadily ramp
up the production and delivery of the EC7, a five-seater smart
electric flagship coupe SUV from NT2.0.
On April 18, 2023, NIO debuted the All-New ES6,
a smart electric all-round SUV, at the Shanghai Auto Show. Derived
from NT2.0, the All-New ES6 will bring user experiences beyond
expectations in terms of design, performance, comfort,
intelligence, safety, and sustainability. NIO expects to officially
launch the All-New ES6 and commence deliveries in May 2023.
The All-New ES8, a smart electric flagship SUV
based on NT2.0 that was launched at NIO Day 2022, is expected
to commence deliveries in June 2023.
At the Shanghai Auto Show, NIO also launched the
2023 ET7, a smart electric flagship sedan based on NT2.0. The 2023
ET7 boasts more than 15 product upgrades, providing users with a
more comfortable driving and riding experience, a more refined
interior and a more intuitive digital experience. Deliveries of the
2023 ET7 will start in May 2023.
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’s
product portfolio consists of the ES8, a six-seater smart electric
flagship SUV, the ES7 (or the EL7), a mid-large five-seater smart
electric SUV, the ES6, a five-seater all-round smart electric SUV,
the EC7, a five-seater smart electric flagship coupe SUV, the EC6,
a five-seater smart electric coupe SUV, the ET7, a smart electric
flagship sedan, and the ET5, a mid-size smart electric sedan.
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, ES7 (or EL7), ES6, EC7, 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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