NIO Inc. Provides October 2020 Delivery Update

Company Achieved New Record-High Monthly Deliveries

• NIO delivered 5,055 vehicles in October 2020, increasing by 100.1% year-over-year
• NIO delivered 31,430 vehicles in 2020 in total, increasing by 111.4% year-over-year
• Cumulative deliveries of ES8, ES6 and EC6 as of October 31, 2020 reached 63,343

SHANGHAI, China, Nov. 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 October 2020 delivery results.

NIO delivered 5,055 vehicles in October 2020, a new monthly record representing a strong 100.1% year-over-year growth. The deliveries consisted of 2,695 ES6s, the Company’s 5-seater high-performance premium smart electric SUV, 1,477 ES8s, the Company’s 6-seater and 7-seater flagship premium smart electric SUV, and 883 EC6s, the Company’s 5-seater premium electric coupe SUV. NIO delivered 31,430 vehicles in 2020 in total, representing an increase of 111.4% year-over-year. As of October 31, 2020, cumulative deliveries of the ES8, ES6 and EC6 reached 63,343 vehicles.