NIO Inc. Provides September and Third Quarter 2020 Delivery Update
NIO reported record-high deliveries for September 2020, with 4,708 vehicles delivered, marking a 133.2% increase year-over-year. The company also delivered 12,206 vehicles in Q3 2020, a 154.3% growth from the previous year, surpassing quarterly guidance. Cumulatively, NIO has delivered a total of 58,288 vehicles as of September 30, 2020, including 26,375 for 2020. The new EC6 model began deliveries in late September, contributing to these figures.
- Record-high monthly deliveries of 4,708 vehicles in September 2020, up 133.2% YoY.
- Quarterly deliveries of 12,206 vehicles in Q3 2020, reflecting a 154.3% YoY increase.
- Total cumulative deliveries reached 58,288 vehicles by September 30, 2020, including 26,375 in 2020.
- None.
Company Achieved New Record-High Monthly and Quarterly Deliveries
- NIO delivered 4,708 vehicles in September 2020, increasing by 133.2% year-over-year
- NIO delivered 12,206 vehicles in the three months ended September 2020, increasing by 154.
3% year-over-year - NIO delivered 26,375 vehicles in 2020 in total, increasing by 113.7% year-over-year
- NIO began deliveries of the EC6 in late September 2020 and cumulative deliveries of ES8, ES6 and EC6 as of September 30, 2020 reached 58,288
SHANGHAI, China, Oct. 02, 2020 (GLOBE NEWSWIRE) -- NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its September and third quarter 2020 delivery results.
NIO delivered 4,708 vehicles in September 2020, a new monthly record representing a strong
About NIO Inc.
NIO Inc. is a pioneer in China’s 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 EVs to share joy and grow together with users. 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 flagship premium electric SUV in China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries of the ES6 in June 2019. NIO officially launched the EC6, a 5-seater premium electric coupe SUV, in December 2019 and began first deliveries of the EC6 in late September 2020.
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, 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 (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 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 grow manufacturing in collaboration with partners; its ability to provide convenient charging solutions to its customers; its 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 and ES6; 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 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.
Investor Relations
Tel: +86-21-6908-2018
Email: ir@nio.com
Source: NIO
FAQ
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