NIO Inc. Provides October 2022 Delivery Update

NIO delivered 10,059 vehicles in October 2022, increasing by 174.3% year-over-yearNIO delivered 92,493 vehicles year-to-date 2022, increasing by 32.0% year-over-yearCumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022SHANGHAI, China, Nov. 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 October 2022 delivery results. The deliveries consisted of 5,979 premium smart electric SUVs including 2,814 ES7s, and 4,080 premium smart electric sedans including 3,050 ET7s and 1,030 ET5s. Cumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022. In October, NIO unveiled ET7, EL7, and ET5 for the European markets at the NIO Berlin 2022. The vehicles under NIO Subscription in Europe are recognized as assets on the Company’s balance sheet but not counted towards the announced delivery volume.