- NIO delivered 7,007 vehicles in December 2020, up 121.0% year-on-year
- NIO delivered 17,353 vehicles during the three months ended December 2020, up 111.0% year-on-year
- NIO delivered 43,728 vehicles in 2020 in total, up 112.6% year-on-year
- The cumulative deliveries of ES8, ES6 and EC6 at 31 December 2020 reached 75,641
SHANGHAI, China, January 3, 2021 (GLOBE NEWSWIRE) – NIO Inc. (“NIO” or “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today, December 4, presented quarterly and yearly delivery results complete 2020.
NIO delivered 7,007 vehicles in December 2020, setting a new monthly record representing strong year-on-year growth of 121.0%. Deliveries consisted of 2009 ES8, the company’s top-quality 6- and 7-seater smart electric SUV, 2,493 ES6, the company’s high-performance 5-seater smart electric SUV, and 2,505 EC6, the premium electric 5-seater coupe from the company. All terrain. NIO delivered 17,353 vehicles in the fourth quarter of 2020, which represents an increase of 111.0% year-on-year and exceeds the upper end of the company’s quarterly guidance. At 31 December 2020, cumulative deliveries of ES8, ES6 and EC6 reached 75,641 vehicles, of which 43,728 were delivered in 2020.
“2020 has been a challenging year for everyone. In this context, NIO has achieved consecutive record highs along the way and closed the year with a maximum mark with a remarkable delivery in December of more than 7,000 vehicles, “said William Bin Li, founder, president and CEO of NIO. ”These results are attributed to the growing recognition of our premium brand, competitive and attractive products and services, the expanding sales network and, most importantly, the continued support of our passionate and loyal user community. The innovative battery as a service (BaaS) model has shown popularity among our users since its launch. With the 100 kWh battery offered as an option, BaaS penetration has reached over 40% among new orders in December, demonstrating its competitiveness and acceptance by our users. On the fourth NIO Day scheduled for January 9thth, 2021, we will present our new sedan model and share the latest development of our autonomous driving and other basic technologies. Inspired by the spirit of “Always Forward”, the theme of the next NIO day, we will continue to invest in smart EV technologies, accelerate the development of new products, expand our sales and service network and seek the best holistic experiences for our growing user community in 2021 and beyond. “
About NIO Inc.
NIO Inc. is a pioneer in China’s top-quality intelligent electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community from smart electric vehicles to share joy and grow together with users. NIO jointly designs, manufactures and sells premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with complete and convenient powering solutions, the innovative BaaS (Battery as a Service) model and other user-centric services. NIO began deliveries of the ES8, a premium 7-seater electric SUV, in China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ‘ES6, a premium high-performance 5-seater electric SUV, in December 2018 and began deliveries of the ES6 in June 2019. NIO officially launched the EC6, a premium 5-seater electric coupe SUV, in December 2019 and began EC6 deliveries in September 2020.
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This press release contains statements that may constitute “forward-looking” statements in accordance with the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology as “will “” “” “” expects “,” anticipates “,” aims “,” future “,” intends “,” plans “,” believes “,” calculates “,” probably “and similar statements. address of 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 United States 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. are NIO’s beliefs, plans, and expectations, they are forward-looking statements. Prospective statements involve inherent risks and uncertainties. A number of factors may cause actual results to differ materially from the contents in any forward-looking statement, including, but not limited to, the following: NIO strategies; Future business development, financial situation and results of NIO operations; NIO’s ability to develop and manufacture a car of sufficient quality and appeal to customers on time and on a large scale; its ability to grow manufacturer in collaboration with partners; its ability to provide convenient loading solutions to its customers; the viability, growth potential and prospects of the recently introduced BaaS model; Ability of NIO to meet mandatory safety standards relating to motor vehicles; their ability to ensure the supply of raw materials or other components used in their vehicles; its ability to obtain sufficient reserves and sales of ES8, ES6 and EC6; their ability to control the costs associated with their operations; its ability to build the NIO brand; general economic and business conditions worldwide and in China and assumptions underlying or related to any of the above. More information about these and other risks is included in NIO applications to the SEC. All information provided in this press release is as of the date of this press release and NIO assumes no obligation to update any forward-looking statements except as required by applicable law.
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Source: NIO