• Deliveries of firefly models commenced in late April 2025.
• A total of 23,900 vehicles were delivered in April 2025, marking a 53.0% increase compared to the same period last year.
• In the first four months of 2025, the company delivered 65,994 vehicles, a 44.5% increase from the previous year.
• As of April 30, 2025, NIO has delivered a cumulative total of 737,558 vehicles.

SHANGHAI, May 01, 2025 — NIO Inc., a leading player in the global smart electric vehicle (EV) market (NYSE: NIO; HKEX: 9866; SGX: NIO), today announced its delivery figures for April 2025.

In April 2025, the company shipped 23,900 vehicles, a 53.0% increase year-over-year. This total included 19,269 vehicles from NIO, its premium smart EV brand; 4,400 vehicles from ONVO, its brand of smart EVs aimed at families; and the first shipments of FIREFLY vehicles, the company’s new small, high-end smart EV brand, which began in late April 2025. Total cumulative deliveries reached 737,558 as of April 30, 2025.

The company’s new small smart high-end electric car, firefly, officially launched on April 19, 2025. Built upon NIO’s established R&D, design, safety, and intelligent technology capabilities, firefly is designed to be “vivid, thoughtful and solid,” allowing users to experience driving with freedom. Following its launch, firefly began deliveries in China in late April 2025 and is slated to expand to global markets in the future.

About NIO Inc.
NIO Inc. is a pioneering and leading company in the global smart electric vehicle market. Founded in November 2014, NIO’s mission is “Blue Sky Coming”, shaping a sustainable and brighter future. NIO aims to be a user-oriented enterprise, combining innovative technology with excellent experiences. NIO designs, develops, manufactures, and sells smart electric vehicles and drives innovations in next-generation core technologies. NIO sets itself apart through continuous technological advancements, exceptional products and services, and a community fostering shared growth. NIO offers premium smart electric vehicles under the NIO brand, family-oriented smart electric vehicles via the ONVO brand, and small, smart, high-end electric cars under the FIREFLY brand.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and as defined in the Private Securities Litigation Reform Act of 1995. These statements are identified by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. NIO may also provide forward-looking statements in SEC filings, shareholder reports, announcements, circulars or other publications on the websites of the SEHK and SGX-ST, in press releases, other written materials, and in oral statements by its officers, directors, or employees. These statements, which are not historical facts, involve beliefs, plans, and expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially include NIO’s strategies, future business development, financial condition, results of operations, ability to develop and manufacture high-quality, appealing vehicles on schedule and at scale, ability to secure and expand manufacturing capacities through partnerships, ability to provide comprehensive power solutions, viability and growth potential of battery swapping, BaaS, NIO Assisted and Intelligent Driving, subscription services, ability to improve or develop technologies to meet market demand, ability to meet safety standards, ability to secure raw materials, ability to secure reservations and sales, ability to control costs, ability to build brands, economic and business conditions globally and in China, and assumptions related to the foregoing. Further information on these and other risks can be found in NIO’s filings with the SEC and on the websites of the SEHK and SGX-ST. All information is current as of the date of this press release, and NIO undertakes no obligation to update any forward-looking statement unless required by law.

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