NIO delivers July 2022 delivery update
- NIO delivered 10,052 vehicles in July 2022, an increase of 26.7% year-on-year
- NIO delivered 60,879 YTD vehicles in 2022, up 22.0% year over year
- Cumulative NIO vehicle deliveries are 227,949 as of July 31, 2022
Shanghai, China, August 1, 2022 (GLOBE NEWSWIRE) – NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or “the Company”), a pioneer and leader in the premium smart electric vehicle market, today announced delivery results for July 2022.
NIO delivered 10,052 vehicles in July 2022, which is an increase of 26.7% year over year. Deliveries consisted of 7,579 luxury smart electric SUVs, and 2,473 luxury smart electric sedans. Cumulative deliveries of NIO vehicles reached 227,949 as of July 31, 2022. ET7 and EC6 production in July 2022 was restricted to the supply of casting parts. The company works closely with supply chain partners and expects to accelerate vehicle production in the following months of the third quarter of 2022.
On July 6, 2022, NIO’s 1000th power swap plant was commissioned in Tibet, China, and is fully powered by clean energy. As of July 31, 2022, NIO has deployed 1047 power swap stations in China, of which more than 10 million battery swaps have been completed cumulatively. In addition, our charging network in China consists of 948 power charger stations with 5,137 chargers and 828 destination charging stations with 5,083 charging devices in operation as of the same date. NIO’s power grid covers all regional administrative regions in mainland China, providing end-to-end power solutions to users.
About NIO Inc.
NIO is a market leader in premium smart electric vehicles. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. NIO aims to build a community that starts with smart electric vehicles to share joy and growth with users. NIO jointly designs, develops, manufactures and sells premium smart electric vehicles, and leads innovations in next-generation technologies in autonomous driving, digital technologies, electric motors and batteries. NIO differentiates itself through its continuous technological breakthroughs and innovations, such as its industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as its own autonomous driving and Autonomous Driving as a Service, or ADaaS, technologies. NIO’s product portfolio consists of ES8, a six- or seven-seat smart electric SUV, ES7, a five-seat mid-size smart electric SUV, and ES6, a five-seat high-performance smart electric SUV. , EC6, a luxury five-seater electric smart coupe, ET7, a luxury smart electric sedan, and ET5, a mid-size electric smart sedan.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements in accordance with the “safe harbor” provisions of the US Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “will,” “expect,” “expect,” “objective,” “future,” “intend,” “plan,” “believe,” “estimate,” “likely to,” and similar statements. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report To the contributors, in announcements, circulars or other publications posted on the websites of the Hong Kong Stock Exchange Limited (“SEHK”) and Singapore Exchange Securities Trading Limited (“SGX-ST”), in press releases and other written materials and in Oral statements made by its officers, directors or employees to third parties Statements that are not historical facts, including statements about NIO’s beliefs, plans and expectations, are forward-looking statements Forward-looking statements involve inherent risks and uncertainties A number of factors can cause results to differ. physically actual for those contained in any forward-looking statement, including but not limited to the following: NIO Strategies; development of NIO’s future business, financial position and results of operations; NIO’s ability to develop and manufacture a vehicle of sufficient quality and attract customers on schedule and on a large scale; Its ability to ensure and expand manufacturing capabilities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; Feasibility, growth potential, and prospects of the newly introduced BaaS and ADaaS system; Its ability to improve technologies or develop alternative technologies to meet evolving market demand and industry development; NIO’s ability to meet mandatory vehicle-related safety standards; Its ability to secure the supply of raw materials or other components used in its vehicles; Its ability to secure sufficient reservations and sales of ES8, ES7, ES6, EC6, ET7 and ET5; Its ability to control costs associated with its operations; its ability to build the NIO brand; General economic and business conditions worldwide and in China and underlying assumptions or associated with any of the foregoing. More information about these and other risks is included in NIO’s filings with the SEC and announcements and filings on the SEHK and SGX-ST websites. All information in this press release is as of the date of this press release, and NIO undertakes no obligation to update any forward-looking statement, except as required by applicable law.
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