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NIO to Repurchase $378.3 Million of Convertible Notes Due 2027

NIO Inc. Completes Repurchase Right Offer for Convertible Senior Notes

NIO Inc., a pioneer and leading company in the global smart electric vehicle market, has announced the completion of its repurchase right offer for its 0.50% Convertible Senior Notes due 2027. The repurchase right offer expired on January 30, 2025, with a total of US$378,312,000 aggregate principal amount of the Notes being validly surrendered. Following settlement, US$213,000 aggregate principal amount of the Notes will remain outstanding. NIO Inc. designs, develops, manufactures, and sells smart electric vehicles, driving innovations in next-generation core technologies.

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