NIO Inc. Provides March and First Quarter 2022 Delivery Update

NIO delivered 9,985 vehicles in March 2022, representing an increase of 37.6% year-over-year. The deliveries consisted of 9,822 premium smart electric SUVs, including 1,726 ES8s, 5,064 ES6s and 3,032 EC6s, and 163 ET7s, the Company’s flagship premium smart electric sedan. NIO delivered 25,768 vehicles in the first quarter 2022, a new quarterly record, representing an increase of 28.5% year-over-year. In late May 2022, the Company plans to unveil the 2022 NIO ES8, ES6 and EC6 with the latest digital cockpit hardware, and to launch the digital cockpit upgrade plan for existing users. As of March 31, 2022, NIO has deployed 884 Power Swap stations, 727 Power Charger stations and 3,832 destination chargers in China.