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The company achieved another new record for monthly deliveries
• NIO delivered 5,291 vehicles in November 2020, increasing by 109.3% Year after year
• NIO delivered 36 721 vehicles in total in 2020, increasing by 111.1% Year after year
• VSumulative deliveries of ES8, ES6 and EC6 from November 30, 2020 achieved 68 634
SHANGHAI, China, December 01, 2020 (GLOBE NEWSWIRE) – NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a Chinese market pioneer of high-end intelligent electric vehicles, today provided its delivery of November 2020 results.
NIO delivered 5,291 vehicles in November 2020, a new monthly record representing solid growth of 109.3% year-over-year. Deliveries included 1387 ES8, the company’s flagship premium smart electric SUV with 6 and 7 seats, 2386 ES6, the company’s high-end smart electric SUV with 5 seats and 1518 EC6, the premium electric coupe at 5 company places. SUV. NIO delivered a total of 36,721 vehicles in 2020, an increase of 111.1% year-over-year. As of November 30, 2020, the cumulative deliveries of ES8, ES6 and EC6 have reached 68,634 vehicles.
NIO is accelerating the expansion of production capacity in December 2020 to cope with the growing growth in orders.
About NIO Inc.
NIO Inc. is a pioneer in the premium intelligent electric vehicle market in China. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to create a community from smart electric vehicles to share joy and grow with users. NIO jointly designs, manufactures and sells high-end intelligent electric vehicles, fostering innovations in next-generation technologies in connectivity, autonomous driving and artificial intelligence. By redefining the user experience, NIO provides users with comprehensive and convenient power solutions, the innovative Battery as a Service (BaaS) program and other user-centric services. NIO began deliveries of the ES8, a flagship 7-seater premium electric SUV, to China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ES6 , a top-of-the-range 5-seater high-performance electric SUV, in December 2018 and began deliveries of the ES6 in June 2019. NIO officially launched the EC6, a top-of-the-range electric 5-seater coupe SUV, in December 2019 and began deliveries of the EC6 in September 2020.
Safe Harbor Declaration
This press release contains statements that may constitute forward-looking statements in accordance with the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as “will”, “Expects”, “anticipates”, “aims”, “future”, “intends”, “plans”, “believes”, “estimates”, “probable” and similar statements. Among other things, the management quotes 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 US Securities and Exchange Commission (the “SEC”), 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, including, but not limited to: 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 to win over customers on time and on a large scale; its ability to develop manufacturing in collaboration with partners; its ability to provide convenient charging solutions to its customers; the viability, growth potential and prospects of the new BaaS model; NIO’s ability to meet mandatory safety standards for motor vehicles; its ability to secure the supply of raw materials or other components used in its vehicles; its ability to ensure sufficient reservations and sales of ES8, ES6 and EC6; its ability to control the 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 all of the above. Further information regarding these and other risks is included in the documents filed by NIO 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 statements, except as required by applicable law.
For more information, please visit: http://ir.nio.com
For investor and media inquiries, please contact:
NIO Inc.
Investor Relations
Phone: + 86-21-6908-2018
Email: [email protected]
Source: NIO
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