{"id":785905,"date":"2023-09-25T10:00:36","date_gmt":"2023-09-25T14:00:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nio-inc-responds-to-market-speculations\/"},"modified":"2023-09-25T10:00:36","modified_gmt":"2023-09-25T14:00:36","slug":"nio-inc-responds-to-market-speculations","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nio-inc-responds-to-market-speculations\/","title":{"rendered":"NIO Inc. Responds to Market Speculations"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SHANGHAI, China, Sept.  25, 2023  (GLOBE NEWSWIRE) &#8212; NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (\u201cNIO\u201d or the \u201cCompany\u201d) is a pioneer and a leading company in the premium smart electric vehicle market. The Company has been made aware of certain media speculations claiming that the Company is considering raising certain capital from investors, which have been widely circulated today. In light of the unusual market activity in the Company\u2019s American depositary shares today, the Company would like to clarify that the Company currently has no reportable capital raising activity, other than the recent convertible notes offering that was completed on September 25, 2023.<\/p>\n<p align=\"justify\">The Company is committed to maintaining transparent and timely communication with the public market, and will promptly announce any material information in accordance with applicable laws, listing rules, and best corporate practices.<\/p>\n<p align=\"justify\">\n        <strong>About NIO Inc. <\/strong><br \/>\n        <br \/>NIO Inc. is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIO\u2019s mission is to shape a joyful lifestyle. NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains 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 proprietary autonomous driving technologies and Autonomous Driving as a Service, or ADaaS. NIO\u2019s product portfolio consists of the ES8, a six-seater smart electric flagship SUV, the ES7 (or the EL7), a mid-large five-seater smart electric SUV, the ES6, a five-seater all-round smart electric SUV, the EC7, a five-seater smart electric flagship coupe SUV, the EC6, a five-seater smart electric coupe SUV, the ET7, a smart electric flagship sedan, the ET5, a mid-size smart electric sedan, and the ET5T, a smart electric tourer.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement <\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to\u201d 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 (the \u201cSEC\u201d), in its annual report to shareholders, in announcements, circulars or other publications made on the websites of each of The Stock Exchange of Hong Kong Limited (the \u201cSEHK\u201d) and the Singapore Exchange Securities Trading Limited (the \u201cSGX-ST\u201d), 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\u2019s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO\u2019s strategies; NIO\u2019s future business development, financial condition and results of operations; NIO\u2019s ability to develop and manufacture a car of sufficient quality and appeal to customers on schedule and on a large scale; its ability to ensure and expand manufacturing capacities including establishing and maintaining partnerships with third parties; its ability to provide convenient and comprehensive power solutions to its customers; the viability, growth potential and prospects of the newly introduced BaaS and ADaaS; its ability to improve the technologies or develop alternative technologies in meeting evolving market demand and industry development; NIO\u2019s ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in its vehicles; its ability to secure sufficient reservations and sales of its vehicles; its ability to control costs associated with its operations; its ability to build the NIO brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIO\u2019s filings with the SEC and the announcements and filings on the websites of each of the SEHK and SGX-ST. All information provided in this press release is as of the date of this press release, and NIO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p align=\"justify\">For more information, please visit: http:\/\/ir.nio.com<\/p>\n<p align=\"justify\">\n        <strong>Investor Relations<\/strong><br \/>\n        <br \/>ir@nio.com<\/p>\n<p align=\"justify\">\n        <strong>Media Relations<\/strong><br \/>\n        <br \/>global.press@nio.com<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyNzgxNCM1ODMwNjEyIzIxMjI5MDE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ODcxMzk4OGItYWE1NC00ZGQ4LThiZWEtNDkxMDRlM2VjYzE3LTExMzQ0NzI=\/tiny\/NIO-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SHANGHAI, China, Sept. 25, 2023 (GLOBE NEWSWIRE) &#8212; NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (\u201cNIO\u201d or the \u201cCompany\u201d) is a pioneer and a leading company in the premium smart electric vehicle market. The Company has been made aware of certain media speculations claiming that the Company is considering raising certain capital from investors, which have been widely circulated today. In light of the unusual market activity in the Company\u2019s American depositary shares today, the Company would like to clarify that the Company currently has no reportable capital raising activity, other than the recent convertible notes offering that was completed on September 25, 2023. The Company is committed to maintaining transparent and timely communication with the public market, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nio-inc-responds-to-market-speculations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NIO Inc. Responds to Market Speculations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-785905","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NIO Inc. Responds to Market Speculations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nio-inc-responds-to-market-speculations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIO Inc. Responds to Market Speculations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHANGHAI, China, Sept. 25, 2023 (GLOBE NEWSWIRE) &#8212; NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (\u201cNIO\u201d or the \u201cCompany\u201d) is a pioneer and a leading company in the premium smart electric vehicle market. The Company has been made aware of certain media speculations claiming that the Company is considering raising certain capital from investors, which have been widely circulated today. In light of the unusual market activity in the Company\u2019s American depositary shares today, the Company would like to clarify that the Company currently has no reportable capital raising activity, other than the recent convertible notes offering that was completed on September 25, 2023. The Company is committed to maintaining transparent and timely communication with the public market, and &hellip; Continue reading &quot;NIO Inc. 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