SHANGHAI, Jan. 31, 2025 — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading global smart electric vehicle company, today announced the completion of its previously announced repurchase offer for its 0.50% Convertible Senior Notes due 2027 (CUSIP No. 62914VAF3). The offer concluded at 5:00 p.m. New York City time on January 30, 2025. According to The Deutsche Bank Trust Company Americas, the paying agent, US$378,312,000 in principal of the notes were validly tendered and not withdrawn. NIO has remitted payment to the paying agent for distribution to holders who exercised their repurchase right. After the repurchase, US$213,000 in principal will remain outstanding, subject to the existing terms.

SEC filings are accessible electronically at no cost on the SEC website, http://www.sec.gov. They are also available at no charge on the Company’s website, .

About NIO Inc.

NIO Inc. is a leading global smart electric vehicle company. Established in November 2014, NIO’s mission is to build a sustainable future. The company designs, develops, manufactures, and sells smart electric vehicles, pioneering next-generation technologies. NIO differentiates itself through technological innovation, exceptional products and services, and a collaborative community. NIO offers premium smart electric vehicles under the NIO brand, family-oriented vehicles under the ONVO brand, and small, high-end electric cars under the FIREFLY brand.

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