NIO Inc. Provides May 2022 Delivery Update

• NIO delivered 7,024 vehicles in May 2022
• NIO delivered 37,866 vehicles year-to-date in 2022, increasing by 11.8% year-over-year
• Cumulative deliveries of vehicles as of May 31, 2022 reached 204,936

SHANGHAI, China, June 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 May 2022 delivery results.

NIO delivered 7,024 vehicles in May 2022. The deliveries consisted of 5,317 premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s, the Company’s flagship premium smart electric sedan. As of May 31, 2022, cumulative deliveries reached 204,936 vehicles.

In May 2022, the Company’s vehicle production had been gradually recovering from the impact of COVID-19 outbreaks in certain regions in China while vehicle deliveries were still constrained to a certain extent by the corresponding preventive measures. NIO plans to further ramp up the production capacity to a higher level by working closely with supply chain partners and to accelerate the delivery recovery starting from June, in light of the recent supportive developments in the COVID-19 situation and the strong order inflow.

As of May 2022, NIO users’ cumulative mileage exceeded 5 billion kilometers. The NIO Pilot has assisted our users in driving for over 418 million kilometers, among which the cumulative mileage of Navigate on Pilot (NOP) exceeded 157 million kilometers, demonstrating the appeal of our advanced ADAS functions to users.