'We expect to start delivering ET5 in September 2022, 'said Li Bin, founder, chairman and chief executive of NIO, NIO Inc.. In addition, we will launch a new medium and large five-seat SUV ES7 based on NIO Inc. 2.0 Technology (NT2.0) in June to further enrich our product portfolio and delivery is expected to begin in late August.
We reached a record quarterly delivery of 25768 vehicles in the first quarter of 2022 and reached a milestone of more than 200000 vehicles in May this year, less than four years since the first delivery.