NIO Inc. Provides September and Third Quarter 2020 Delivery Update

• 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 the deliveries of the EC6 in September 2020 and cumulative deliveries of ES8, ES6 and EC6 as of September 30, 2020 reached 58,288

SHANGHAI, China, October 2, 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 133.2% year-over-year growth. The deliveries consisted of 3,210 ES6s, the Company’s 5-seater high-performance premium smart electric SUV, 1,482 ES8s, the Company’s 6-seater and 7-seater flagship premium smart electric SUV, and 16 EC6s, the Company’s 5-seater premium electric coupe SUV. NIO delivered 12,206 vehicles in the third quarter of 2020, representing an increase of 154.3% year-over-year and exceeding the higher end of the Company’s quarterly guidance. As of September 30, 2020, cumulative deliveries of the ES8, ES6 and EC6 reached 58,288 vehicles, of which 26,375 were delivered in 2020.