Exhibit 99.1
NIO Inc. Provides November 2018 Monthly Delivery and Production Update, Announces NIO Day, December 15, 2018, as ES6 Launch Date
| • | | Delivered 3,089 ES8 vehicles in November 2018 |
| • | | Cumulative Production of ES8 exceeded 10,000 Milestone |
| • | | Announces NIO Day, December 15, 2018, as Launch Date for ES6, Our 5–Seater Premium Electric SUV |
SHANGHAI, China, December 3, 2018 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its November 2018 delivery results and announced that the Company is launching its ES6, a5-seater, high-performance premium electric SUV, on December 15, 2018, NIO Day.
As of November 30, 2018,year-to-date deliveries of the Company’s ES8, its7-seater, high- performance premium electric SUV, reached 8,030 vehicles, 3,089 of which were delivered in November 2018, representing a more than 96% increase from the prior month. Additionally, the Company has cumulatively produced over 10,000 ES8 vehicles through the end of the month.
“In November, we continued our solid production ramp and accelerated deliveries of the ES8,” said William Li, founder, chairman and chief executive officer of NIO Inc. “Additionally, we have made significant enhancements to our software and service capabilities to better support the growing numbers of ES8s on the road. We are confident that, with improved integration and the dedication of our global teams, we will continue to deliver strong products and services to our users.”
“Further, we are excited to launch our highly anticipated ES6 on NIO Day, December 15, 2018. The ES6 is a5-seater, high-performance premium electric SUV that features exceptional acceleration, a longer drive range and a lower price than the ES8. Our annual NIO Day is designed to be a joyful event for our user community and will mark another exciting milestone as we launch the ES6, our second mass production car following the ES8,” Mr. Li concluded.