NIO Inc. Provides August 2022 Delivery Update

•        NIO delivered 398 NIO ES7s in August 2022
•        NIO delivered 10,677 vehicles in August 2022, increasing by 81.6% year-over-year
•        NIO delivered 71,556 vehicles year-to-date 2022, increasing by 28.3% year-over-year
•        Cumulative deliveries of NIO vehicles reached 238,626 as of August 31, 2022

SHANGHAI, China, Sept. 01, 2022 (GLOBE NEWSWIRE) -- 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 August 2022 delivery results.

NIO delivered 10,677 vehicles in August 2022, representing an increase of 81.6% year-over-year. The deliveries consisted of 7,551 premium smart electric SUVs and 3,126 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 238,626 as of August 31, 2022.

In August, the production and delivery of the NIO ES7, a mid-large five-seater premium smart electric SUV based on NIO Technology 2.0 (NT2), started to ramp up steadily. 398 NIO ES7s were delivered to users in August 2022.