$NIO Inc(NIO.US)

NIO May 2024 deliveries: 37,705 units — a new high for the year

NIO released its May delivery announcement on 6/1 at 12:01 BJT, with figures significantly exceeding market expectations:

| Metric | Value | YoY | MoM |

|:-—|:-—|:—:|:—:|

| Total Deliveries | **37,705** | +62.3% | +28.4% |

| NIO Brand | 20,013 | +50.8% | +5.2% |

| Onvo | 12,029 | +91.5% | +124.8% |

| Firefly | 5,663 | +53.9% | +13.7% |

| Jan-May Cumulative | 150,526 | +68.7% | — |

| Cumulative Deliveries | 1,148,118 | — | — |

**Overall Assessment: Exceeds expectations.**

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