NIO Inc. Provides First Quarter 2019 Delivery Update
April 02 2019 - 4:00AM
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in
China’s premium electric vehicle market, today provided its
delivery results for the first quarter of 2019.
As of March 31, 2019, aggregate deliveries
of the Company’s ES8, its 7-seater, high-performance premium
electric SUV, reached 15,337 vehicles, 3,989 of which were
delivered in the first quarter of 2019.
1,373 ES8s were delivered in March, a 69.3%
increase over February deliveries of 811, which were negatively
impacted by the slow down surrounding the Chinese New Year holiday
and the related closures of automobile license plate registration
offices. The Company delivered 1,805 ES8s in January, 811 in
February and 1,373 in March, bringing the total deliveries of ES8s
to 3,989 in the first quarter 2019. First quarter ES8 deliveries
exceeded the Company’s prior guidance range of 3,500 to 3,800, and
were above the midpoint of the guidance range, 3,650, by 339
vehicles, or 9.3%.
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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